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Crude
Crude Oil
Oil Giant Chevron Plans to Lay off 20% of Workers in Cost-Cutting Push
Chevron employed 46,500 people globally at the end of 2023, meaning the cuts could affect as many as 9,000 employeesChevron plans to cut its global workforce by…
Crude Oil
Exxon Seeks Permit for Its Eighth Oil, Gas Project in Guyana as Output Rises
An Exxon gas station seen in Washington, U.S., November 26, 2024.A consortium led by Exxon Mobil (XOM.N), has requested environmental permits from Guyana for it…
Oil Refinery
Aramco’s Motiva Expands Texas Refinery to Become Largest in US
Motiva Enterprises has quietly expanded its Port Arthur, Texas, refinery to become the largest fuelmaking plant in the US.The refinery can now process as much a…
SAF
Jord, Votion Biorefineries Partner to Convert C4-Grass Biomass Into Biocrude and SAF
Jord AB and Votion Biorefineries AB are proud to announce a strategic partnership to convert Jord’s sustainable C4-grass biomass into biocrude and sustain…
Crude Oil
China National Petroleum Resumes Crude Production in South Sudan
Dar Petroleum Operating Co. has resumed producing oil from a number of its wells in South Sudan after almost a year, people with knowledge of the matter said.Th…
Crude Oil
Libya’s NOC Unveils Self-Reliance
Strategic shift focuses on homegrown technologiesThe National Oil Corporation (NOC) unveiled its 2025 strategic plan on Wednesday, prioritising increased oil pr…
Crude Oil
Four Giant Oil & Gas Projects Line up for Start-up in 2025 Offshore Norway With More on the Cards
Norwegian oil and gas player Vår Energi has confirmed that four major projects are expected to be put into operation this year, enabling the firm’s …
Oil Price
US Gulf Refiners Paying Premium Prices for Trinidad’s Molo Crude
Some U.S. Gulf Coast refiners have recently paid prices over the Brentcrude benchmark for Trinidad and Tobago's Molo heavy sour crude, the CEO of the countr…
Oil Refinery
Dangote Refinery to Operate at 100% by March
Dangote Oil refinery, currently operating at 85 per cent capacity is expected to go 100 per cent in 30 days.The 650,000-barrel-per-day refinery began processing…
Oil Refinery
HPCL Plans to Raise Vizag Oil Refinery Capacity by 20% to Meet Fuel Demand
State-run Hindustan Petroleum (HPCL) plans to increase the capacity of its Vizag oil refinery in southern India by as much as 20 per cent to meet growing local …
Crude Oil
Malaysia’s Petronas to ‘Rightsize’ Workforce to Ensure Survival, Reports Say
President and group CEO of Petronas, Tengku Muhammad Taufik attends the Energy Asia conference in Kuala Lumpur, Malaysia June 26, 2023.Malaysia's state ener…
Crude Oil
Kazakhstan’s Ozenmunaigaz Targets Higher Oil Output in 2025
Ozenmunaigaz will increase oil production to 5.25 million tons in 2025.This became known during a working visit to the Mangystau region by the Chairman of the B…
Crude Oil
Chevron Says Fading U.S. Crude Growth Casts Pall on Port Projects
The tanker Eagle Seville discharges crude oil at the Port of Corpus Christi in Corpus Christi, Texas, U.S., as seen in this aerial photo taken on Monday, Dec. 2…
LNG
Trump Says He Discussed LNG Exports With Japan’s Ishiba
Crude oil pipeline in Fairbanks, Alaska.President Donald Trump said that the US and Japan are discussing a pipeline project in Alaska after meeting with the cou…
Oil Price
Oil India Q3 Results: Net Profit Drops 23% on Lower Crude Oil Prices
State-owned Oil India Ltd (OIL) reported a 23 per cent drop in its third-quarter net profit as the price of crude oil produced and sold fell.Net profit was ₹1,…
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