Oil

Oil Price

UAE Petrol Prices to Rise in November

Motorists across the Emirates will face a further increase for both petrol and diesel

Oil Refinery

Oman’s 230,000 b/d Duqm Refinery Set for 1Q23 Start-up

Oman's 230,000 b/d Duqm refinery project is now 87pc complete and is on course to be commissioned in the first quarter of 2023

Oil Price

Mideast Gulf Gasoline Premium at More Than Decade High

The Mideast Gulf gasoline premium rallied to a more than ten-year high, on the back of strength in the Asian gasoline market and unplanned refinery outages east…

Natural Gas

Chariot Partners with Mystery Group for Gas Project Offshore Morocco

Africa-focused energy company Chariot has signed a memorandum of understanding (MOU) with an undisclosed energy group to unlock the Anchois gas development pote…

Oil Refinery

Petrofac Secures Lithuanian Refinery EPC Project

Petrofac announces it has been awarded an Engineering, Procurement and Construction contract, valued at around EUR550 million, from PC ORLEN Lietuva to support …

Natural Gas

Energy Crisis: The Price of Natural Gas in Europe has Plummeted Due to Putin’s Big Announcement

The European Directorate General for Competition has once again started sniffing around Gazprom’s house, looking for signs of possible market manipulation and …

Oil Price

Oil Prices Set for First Weekly Drop Since August As Supply Concerns Ease

U.S. West Texas Intermediate crude futures fell 4 cents to $82.77 a barrel by 0151 GMT.

Mexico

Mexico's Pemex Back in Red Despite Oil Production Uptick

​Higher tax payments and foreign exchange losses pushed Mexico's Petroleos Mexicanos back into the red in the third quarter, even as crude production recovered…

Oil Field

Shell Top Brass Remain Resolute in Support of Cambo Oilfield Development

Shell executives stressed the role of projects like Cambo in the UK energy mix, as the project partners await a decision on the controversial project.

Oil Price

Oil Falls After Increases in U.S. Crude, Fuel Stockpiles

Oil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and fuel inventories unexpectedly increased last week in th…

Oil Price

Global Supply Shortages are Driving up Alaska Oil Prices

Alaska’s oil prices are at their highest since 2014 amid a global energy crunch.

Oil Price

Charts Suggest Oil Prices may Peak Soon, Cramer Says

Oil may be near its peak if historical patterns hold true.

Oil Pipeline

Pipeline Leak Disrupts Libya’s Oil Exports

Libya’s Es Sider pipeline has a major leak that will require a 7- 10-day shutdown for maintenance

Floating Solar Project

Saipem JV plans 750MW Italian Energy Hub

AGNES project will comprise two wind farms, floating solar and hydrogen storage

Solar Power Plant

Colombia’s Largest PV Plant Comes Online

The 61 MW solar facility is owned by Colombian oil company Ecopetrol.