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Japan’s largest power generation company JERA is tackling the dilemma of ensuring stable energy supply while proceeding with decarbonization but the company considers Asia as a potential [...]

The fire at an oil storage facility in the Crimean port of Sevastopol has been extinguished after being hit by a drone strike, the Russian-appointed Gov. Mikhail Razvozhayev said in an April 29 [...]

The Republican-majority House of Representatives passed a bill along party lines April 26 that would raise the national debt ceiling in exchange for major GOP priorities, including repealing a [...]

The gasoline arbitrage to West Africa from the Amsterdam-Rotterdam-Antwerp hub has become more difficult since new Dutch legislation kicked in April 1, with other regions taking a fresh interest, [...]

Valero Energy sees the currently strong demand for gasoline, diesel and jet fuel increasing ahead of the peak summer travel season amid tighter supply and low inventories, CEO Joe Gorder said on [...]

Caught in the middle of a standoff between Baghdad, Erbil and Ankara, international oil companies operating in Iraq’s semiautonomous Kurdistan region are warning they may no longer continue [...]

ExxonMobil has lifted a force majeure at multiple oil export terminals in southern Nigeria after workers called off their industrial action, the Nigerian National Petroleum Corp said April 27. [...]

Global financial markets may appear cloudy, but big oilfield services provider Halliburton sees upstream customer spending up by low double-digits in 2023 not only in higher-growth international [...]

Rising competition from high sulfur fuel oil suppliers at the nearby Sharjah port of Khor Fakkan increasingly attracts buyers’ interests, at the expense of demand at the UAE’s bunker [...]

Turkmenistan plans to offer two offshore blocks for exploration of crude oil in 2023 near an area of the Caspian Sea that is currently producing 1 million b/d, officials told an investor forum in [...]