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Oman’s Ras Markaz oil storage terminal is set to receive the first cargo for the 230,000 b/d Duqm refinery in November amid talks with customers to store their crude in the project located [...]

The Asian gasoline swap crack — a measure of the product’s relative strength to crude – slumped 86% day on day to a more than two-year low Aug. 31, S&P Global Commodity Insights [...]

Latin American crude differentials have plunged this week on a combination of rising freight costs and tepid demand, causing outright prices to decline faster than the broader oil complex. While [...]

The French energy giant has signed a commercial agreement with a Dutch ammonia and fertilizer company.

Oil product stockpiles at the UAE’s Port of Fujairah climbed for the first time in three weeks, led by an 11% jump in fuels used for shipping and power generation, in the week ended Aug. [...]

Norway’s Equinor is considering a third development phase for the giant Johan Sverdrup field as the second phase nears startup in the fourth quarter, the company’s executive vice [...]

VLCC freight rates for hauling crude from the Middle East to North Asia neared a two-year high Aug. 29 on the back of burgeoning oil demand and following altered trade flows which began with the [...]

The energy roadmap of Reliance Industries will witness expansion of its oil-to-chemicals business, plentiful upstream investments, as well as multi-fold growth of its new energy business [...]

Magellan Midstream Partners said Aug. 29 it would increase the scope of its planned refined products pipeline network expansion in Texas from the Houston area to El Paso, adding an additional [...]

Hefty discounts on Russia’s crude are increasingly whetting the appetite of China’s state-run and independent refineries, while Indian refiners’ demand for cheap Russian crude [...]