Oil

Oil & Gas Trade

China's November Diesel, Gasoline Exports Jump To Highest In Over A Year

SINGAPORE, Dec 18 (Reuters) - China's diesel and gasoline exports continued to surge in November, hitting their highest levels since June and May 2021 respe…

Crude Oil

OQ Completes Work On Ras Markaz Crude Storage Terminal

Image courtesy: ONAOman-based OQ, a global integrated energy group, has completed the basic construction works of Ras Markaz crude oil storage terminal whose st…

Saudi Arabia

‘Need For Cooperation’ To Achieve Net Zero By 2050

Sheikh Ahmed bin Saeed Al MaktoumThere needs to be cooperation among the related organisations in the UAE to achieve the objectives of the UAE Net Zero by 2050 …

Oil & Gas Trade

Aramco, Sinopec and Sabic Plan Mega Projects In KSA, China

Mohammed Y Al QahtaniSaudi Aramco, China Petroleum and Chemical Corporation (Sinopec) and Sabic will explore setting up a petrochemical complex to be integrated…

Offshore Wind Power

New Zealand Gov’t Plans to Have Offshore Renewables Regulations In Place by 2024, Temporarily Halts Granting Oil Exploration Permits

Ensuring we have the right settings in place to encourage development of offshore renewable infrastructure will enable us to deliver net zero emissions by 2050.…

Oil & Gas Supply

Brazil Fuel Tax Case Settlement Could Improve Market For Ethanol

A gas station worker fills up a car's tank with ethanol in Cuiaba, Brazil, October 2, 2019. REUTERS/Marcelo TeixeiraSAO PAULO, Dec 15 (Reuters) - A settleme…

Crude Oil

China Boosted Crude Oil Storage Even As Refiners Processed More

Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song/File PhotoLAUNCESTON, Australia, Dec 15 (Reuters) -…

LNG

ICE Warns It Could Relocate Gas Trading Out Of EU If Bloc Caps Price

A screen displays the ticker symbol and logo for Intercontinental Exchange Inc. (ICE) on the floor of the New York Stock Exchange (NYSE) March 1, 2016. REUTERS/…

Oil & Gas Trade

Oil Rises, Poised To End Week Higher Despite Economy Concerns

Dec 15 (Reuters) - Oil prices rose in early Asian trade on Friday after falling 2% in the previous session on central bank interest rates hikes, and is poised t…

Natural Gas

Wärtsilä Commissions 94MW CHP Plant For SachsenEnergie

The new gas engine CHP plant in Dresden generates 90MW of electricity and 84MW of heat, and is also black start capable. © Oliver Killig | SachsenEnergie A…

Crude Oil

China Daily Oil Throughput Rises To One-year High In Nov

An aerial view shows tugboats helping a crude oil tanker to berth at an oil terminal, off Waidiao Island in Zhoushan, Zhejiang province, China July 18, 2022. cn…

Crude Oil

TC Energy Restarts Segment Of Keystone Pipeline Unaffected By Oil Spill

Emergency crews work to clean up the largest U.S. crude oil spill in nearly a decade, following the leak at the Keystone pipeline operated by TC Energy in rural…

China

Column: China's Re-opening And The J-curve In Oil Consumption

A tourist poses in front of a sign of the Universal Resort, as the Universal Studios theme park reopens to the general public, following the coronavirus disease…

Oil Price

Oil Prices Slip On Surprise Build In U.S. Crude Stocks

Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB…

Oil Price

Energy Suppliers Face Over £1.9bn Of Debt As Households Struggle To Pay Their Bills ​​​​​​

A new report from Cornwall Insight and Complete Strategy – ‘Bad debt and energy suppliers: A systemic risk' – has shown domestic energy su…