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Oil
Crude Oil
Sinopec’s Zhenhai Refinery Says Fire at Its Crude Unit Put Out
China's Sinopec Zhenhai refinery said a fire that broke out on one of its crude distillation units late on Tuesday had been put out, with no injuries reported.T…
United States
Expand Energy Still on Track to Boost US Gas Output to 7 Bcfd in 2025, CEO Says
Expand Energy (EXE.O), opens new tab, the biggest U.S. natural gas producer, remains on track to boost output to around 7 billion cubic feet per day (bcfd) in 2…
Oil Price
Oil Prices up on Tighter OPEC Supply, US Jobs Data
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024.Oil prices rose on Wednesday as supplies from Russia and OPEC members tight…
Oil Refinery
Exxon Signals Weaker Performance Across the Board to Hurt Q4 Profits
Vehicles pass in front of an Exxon service station in Bethesda, Maryland, U.S., November 25, 2024.Exxon Mobil (XOM.N), opens new tab signaled on Tuesday that sh…
Oil & Gas Trade
Austria’s OMV Agrees to Supply Romanian Gas to Germany, Sources Say
The logo of Romanian integrated oil company OMV Petrom is pictured outside its headquarters in Bucharest, Romania, March 28, 2019.Austria's OMV has struck a…
Oil Pipeline
Trans Adriatic Pipeline Selects Penspen for Hydrogen Repurposing Assessment
Under this new contract, Penspen’s UK-based engineering team will perform a comprehensive desktop and field assessment review of TAP’s above ground …
LNG
Seaboard Marine Adds Third LNG-Powered Newbuild to the Fleet
With 247.9 meters in length and a capacity of 3,500 TEU and over 1,000 refrigerated container plugs, Seaboard Verde will serve ports across the Americas, includ…
Crude Oil
UK’s Serica Energy Restarts Production at Triton Vessel
UK's Serica Energy (SQZ.L), opens new tab said on Tuesday that its Triton floating production storage and offloading (FPSO) vessel in the North Sea resumed …
Crude Oil
OPEC Oil Production Falls as UAE Leads Supply Cuts
Crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) declined last month, as the United Arab Emirates (UAE) intensified supply…
Renewable Diesel
Malaysia’s End-December Palm Oil Stocks Decline for Third Straight Month on Lower Output
Malaysia’s palm oil inventories are forecast to fall in December, for a third consecutive month, amid declining production due to recent heavy rainfall th…
Oil Price
Canadian Oil Stocks Rise on Trudeau Resignation
Canadian oil and gas stocks climbed Monday on the news of Prime Minister Justin Trudeau’s resignation, but analysts say the country’s fossil fuel se…
Oil Price
Azerbaijani Oil Prices Increase
The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta rose by $0.48 on January 6 compared to the previous rate, re…
Oil Price
Oil Prices Extend Losses, Firmer Dollar and Supply Outlook Weigh
Models of oil barrels and a pump jack are displayed in front of a rising stock graph and "$100" in this illustration taken February 24, 2022.Oil prices extended…
Oil & Gas Trade
Slovakia Says Gas Supply Meeting with Ukraine, European Commission Cancelled
Slovak Prime Minister Robert Fico attends a meeting with Russian President Vladimir Putin in Moscow, Russia December 22, 2024.A meeting between Slovak, Ukrainia…
Oil Pipeline
Alberta Looks to Spur New Pipelines by Guaranteeing Barrels
Alberta’s government plans to directly dedicate barrels of oil for new pipeline projects in a bid to accelerate the expansion of production in the western…
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