Crude Oil

Oil & Gas
U.S. Energy Production Saw Steepest Drop On Record In 2020
Due to economic responses to the pandemic, U.S. energy production dropped by 5 percent last year, marking the steepest annual decline on record.
Oil & Gas
Energy Group Total Starts Production at Angolan Oil Project
French energy group Total has started production at its Angolan Zinia Phase 2 project, which has estimated resources of 65 million barrels of oil, it said on Th
Oil & Gas
BHP Produces First Oil from Ruby Project
Oil and gas company BHP has produced first oil production from the Ruby project, which is located offshore Trinidad and Tobago.
Oil & Gas
Titan LNG’s Second FlexFueler Springs into Action
Titan LNG, a Dutch independent LNG supplier, has completed a bunkering operation with its recently commissioned FlexFueler 002.
Oil & Gas
Oil Tanker Leaks Crude After Collision Near China’s Qingdao Port
A 900-foot crude tanker leaked oil into the ocean just outside China’s biggest refining center, raising the specter of environmental damage and disruption of s
Oil & Gas
Korean Oil Refineries Offset Weak Oil Demand with Market Diversification
South Korea’s major oil refiners are going all-out to recoup losses from a Covid-19 pandemic-driven slump with market and product diversification.
Oil & Gas
These Two Meetings Will Affect Oil And Gold Prices In May
Traders are closely watching two important events this week that are likely to set the tone for oil and gold prices next month.
Oil & Gas
Taranto to Take First Seaborne Crude in Months
Italian integrated firm Eni's 84,000 b/d Taranto refinery is preparing to take its first seaborne crude cargo since September as domestic onshore supplies are c
Oil & Gas
Mexico Complying with Opec+ Deal: Energy Minister
Mexico is "complying" with its commitment to Opec+ with crude production just below its target
Oil & Gas
Crude Oil Catalytic Cracking Technology Realizes the World's First Industrial Application
Recently, the catalytic cracking technology of crude oil independently developed by the Research Institute of Petrochemical Industry is being tested in Yangzhou
Oil & Gas
Nigeria’s President Restores Four Drilling Permits Revoked from China’s Addax
Nigerian President Muhammadu Buhari reversed a government decision to revoke four oil permits from a unit of China’s Sinopec.
Oil & Gas
SA’s Oldest Refinery, Engen, to be Converted to a Storage Terminal
The Engen refinery in Wentworth is set to be converted into a storage terminal due to low profit margins and a challenging refining environment.
Oil & Gas
Duqm Refinery Project Marks 80% Progress
Duqm Refinery and Petrochemical Industries Company has announced that the progress in Duqm refinery project exceeded 80 per cent by end of March and increase fr
Oil & Gas
PetroChina’s Jieyang Refinery Plans Start-up Next Year
Chinese state-controlled firm PetroChina's under-construction 400,000 b/d Jieyang refinery in south China's Guangdong province is targeting a start-up in the fi
Oil & Gas
Rystad Energy Sees Oil Demand Peaking In 2026
The accelerating adoption of electric vehicles and electrification in other oil-consuming sectors is set to bring peak oil demand as early as 2026 at 101.6 mill

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Turkmenistan Expands Oil Production at Uzynada Field

Crude Oil

U.S. Energy Production Saw Steepest Drop On Record In 2020

Energy Group Total Starts Production at Angolan Oil Project

BHP Produces First Oil from Ruby Project

Titan LNG’s Second FlexFueler Springs into Action

Oil Tanker Leaks Crude After Collision Near China’s Qingdao Port

Korean Oil Refineries Offset Weak Oil Demand with Market Diversification

These Two Meetings Will Affect Oil And Gold Prices In May

Taranto to Take First Seaborne Crude in Months

Mexico Complying with Opec+ Deal: Energy Minister

Crude Oil Catalytic Cracking Technology Realizes the World's First Industrial Application

Nigeria’s President Restores Four Drilling Permits Revoked from China’s Addax

SA’s Oldest Refinery, Engen, to be Converted to a Storage Terminal

Duqm Refinery Project Marks 80% Progress

PetroChina’s Jieyang Refinery Plans Start-up Next Year

Rystad Energy Sees Oil Demand Peaking In 2026

Turkmenistan Expands Oil Production at Uzynada Field

Russia’s Rosneft Reports 70% Fall In 9-Month Net Income

Venezuela Approves 15-Year Extension of Russia-Linked Oil Joint Ventures

EIA Confirms Turkmenistan’s Rising Oil Reserves

Chevron, European Firms Lobby to Keep Stakes in Venezuela Oil Joint Ventures

Iran Clears Oil Spill in Northern Gulf Region