In the News

Vietnam’s Deputy Prime Minister Tran Hong Ha recently approved the National Energy Masterplan over 2021-2030 with a vision to 2050 focused on energy security and stable energy supply. The [...]

Houston-based APA Corp., one of the last US operators in the North Sea, does not see “any” stability in the country’s upstream oil and gas sector so is changing its approach to [...]

The wildfires in Canada have caused a massive surge in global greenhouse gas emissions in the first seven months of this year, the EU’s Copernicus Atmosphere Monitoring Service said Aug. 3. [...]

OPEC+ leaders Saudi Arabia and Russia are set to keep tightening the oil market into the autumn, announcing Aug. 3 they will extend their supply cuts through at least September. Saudi Arabia will [...]

The UK government has given the go-ahead for a 10 million barrel tie-in project in the North Sea known as Teal West, intended to boost oil flows through the Anasuria Floating Production Storage [...]

Crude tanker markets remain supported by resilient, unseasonal oil demand growth despite downward pressure from the supply cuts by OPEC and its coalition partners, Euronav said Aug. 3 while [...]

Crude oil futures pared earlier gains in mid-afternoon Asian trade Aug. 3 as broad-based economic indicators in China reflected an overall slowdown in growth despite a surprise expansion in [...]

US crude exports over the week ended July 28 topped the 5 million b/d mark as a rebound in flows to Asia supported exports, while Europe continues to pull robust volumes from the US Gulf Coast, [...]

The US Environmental Protection Agency increasingly rejecting requests by small refineries seeking biofuel blending exemptions is likely to aid domestic demand for corn and soybeans, commodity [...]

Flag carrier Garuda Indonesia has begun tests on jet fuel mixed with palm oil in the engines of a Boeing aircraft, the first Indonesian commercial airline to trial renewable energy, Garuda said [...]