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Oil
Biofuel
Malaysian Palm Tracks Rival Edible Oils Higher
On Thursday, palm oil futures in Malaysia surged, recovering from the previous session’s decline, driven by gains in competing edible oils. Data released …
Biofuel
USDA: April WASDE Reduces Forecast for Soybean Oil Use in Biofuel Production
The U.S. Department of Agriculture (USDA) released its latest World Agricultural Supply and Demand Estimates report on April 10, 2025, adjusting its projections…
Crude Oil
USA Crude Flows to China Trickle to Near Zero After Tariff Blitz
The flow of oil from the United States to China, one of the world’s largest importers, is projected to drop significantly due to increasing trade tensions…
LNG
Energy Transfer and Midocean Energy Collaborate on Lake Charles LNG
Energy Transfer LNG Export, a subsidiary of U.S.-based Energy Transfer, has signed a heads of agreement (HOA) with MidOcean Energy, a liquified natural gas (LNG…
Oil & Gas Trade
Venezuela’s PDVSA Suspends Oil Loading Authorizations to Chevron, Sources Say
On Thursday, Venezuela’s state oil company, PDVSA, revoked several authorizations previously granted to U.S.-based Chevron for loading and exporting Venez…
Oil Price
Egypt Raises Fuel Prices for First Time in 2025
On Friday, Egypt adjusted fuel prices upward by 11.76% to 14.81%, the first such change in 2025, according to state media. The move aligns with the government&r…
Oil Price
Texas Shale Industry Voices Frustrations With Trump as Oil Prices Tank
At the Permian Basin Petroleum Association’s Spring Swing golf tournament in Odessa, West Texas, oil industry leaders expressed frustration beyond the gam…
LNG
Eni Secures Investment for a Second Deep-Sea LNG Platform in Mozambique
The Mozambican government approved a US$7.2-billion investment in the Coral Norte Liquified Natural Gas (LNG) project on Tuesday, with the new platform expected…
Oil Refinery
US Refiners Unlikely to Spend Big to Process More Domestic Oil
U.S. refiners are hesitant to invest heavily in processing more domestic crude instead of oil from major suppliers Canada and Mexico, according to industry sour…
Crude Oil
Venezuela’s Oil Flows Again, After a Week of Panic
Many buyers of Venezuelan oil have resumed loading crude onto tankers after a week-long pause at the country’s ports. This follows U.S. tariffs imposed by…
Crude Oil
Occidental Petroleum Flags Higher Prices for Oil and Gas Production in Q1
On Wednesday, Occidental Petroleum, a U.S. shale company, reported that prices for its oil and gas production in the first quarter were higher than in the previ…
LNG
Energy Transfer Signs Deal With MidOcean for Lake Charles, Louisiana, LNG Project
Energy Transfer, a U.S. pipeline operator, announced a nonbinding agreement with MidOcean Energy to collaborate on developing the Lake Charles LNG export facili…
Oil and Gas Equipment
SPIE Secures Five-Year Maintenance Contract for Offshore Angola Oil Platforms
SPIE Global Services Energy, a subsidiary of SPIE, has secured a five-year contract with Sonangol Exploração & Produção to maintain …
Oil Field
Shell Starts Production From Dover, Further Advancing Position in U.S. Gulf
Shell Offshore Inc., a subsidiary of Shell plc, has launched production at Dover, a new subsea tieback linked to the Shell-operated Appomattox hub in the Gulf o…
Biofuel
BP Pauses Plan to Make Clean Jet Fuel at Spanish Plant
BP Plc has decided to pause a project aimed at expanding biofuels production at its Castellon oil refinery, located on Spain’s east coast, according to an…
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