Crude oil prices ticked higher…
The UK economy is primed…
Plastics will come to account…
China is looking to increase its natural gas production, especially shale gas output, to reduce its import dependence while demand continues to grow in the foreseeable future, a government research…
The notorious Adrian Darya 1, formerly Grace 1, tanker is near Syria, two tanker-tracking service providers have reported, although they differ on the proximity. According to TankerTrackers.com, the Adrian Darya…
Australia’s upstream oil and gas sector is set for a major mergers and acquisitions (M&A) shake-up, with US$32 billion worth of assets potentially changing ownership over the next few years,…
The Chinese economy has come under pressure from the U.S.-China trade war which has made tacking climate change more difficult for Beijing, a senior official said on Friday, noting…
The giant Johan Sverdrup oil field in Norway’s North Sea could start shipping oil in October, a month before the currently expected field production start-up in November, Reuters reported…
Some refineries along the Gulf Coast are keeping a close eye on Hurricane Dorian, which is currently moving towards the Florida coast, where it is expected to make landfall this…
China exported about 1.56million mt of gasoline in July 2019, a surge of about 559,900 mt or 56.1% from June, according to data from the country’s General Administration of Customs (GAC). The jump…
A much anticipated meeting between the presidents of China and the Philippines failed to end in an agreement regarding the South China Sea: a sensitive matter that has pitted China…
Gazprom admitted today that its gas exports to Europe will fall in 2019, Reuters reported on Thursday, meaning that its 200.8 billion cubic meters of gas it shipped…
China and the Philippines are set to join efforts to drill for oil and gas in the disputed South China Sea—a move that could be a short-term…
Japan, the world’s single largest importer of liquefied natural gas (LNG), has imported its first LNG cargo on record from the world’s second-biggest importer and largest growth market, China, as…
Iranian oil tanker Adrian Darya 1, which has been traveling in the Mediterranean since Gibraltar released it two weeks ago, appears to have reversed course away from Turkey and is…
China National Offshore Oil Corporation (CNOOC) reported on Thursday an 18.7-percent rise in its net profit for the first half of 2019 on the back of increased sales of…
Dow Inc said on Thursday that it is partnering with the Netherlands-based Fuenix Ecogy Group to turn recycled plastic waste into oil. Dow will use the feedstock, pyrolysis oil,…
Amid deepening problems with its solar business and preparations to begin producing cars in China, Tesla has announced a new insurance service for Tesla owners. According to the company’s…
PDVSA’s sales to China just netted Venezuela a cool $700 million, increasing its reserves to $8.8 billion, two sources with direct knowledge told Bloomberg on Wednesday. Most of the…
Photographs believed to have been taken inside Tesla’s Gigafactory in Shanghai appear to show production setup tests for what could be an imminent start of production of Model 3…
The biggest refiner in India, Indian Oil Corp, plans to invest US$27.9 billion (2 trillion Indian rupees) over the next five to seven years to provide energy solutions to different…
Crimea, the territory that Russia annexed from Ukraine in 2014, is ready to assist Iran in transporting crude oil via Crimean ports, Georgy Muradov, the Deputy Prime Minister of Crimea,…
Aramco Trading has sold its first-ever West Texas Light (WTL) cargo as part of Saudi Aramco’s ambition to become a top oil trader, Reuters reported on Wednesday, citing four…