Crude oil inventories in the U.S. dropped significantly by 11.12 million barrels for the week ending October 9, as reported by the American Petroleum Institute (API). This follows a prior decrease of ...
Topsoe has signed a licensing agreement with Bharat Petroleum Corporation Ltd (BPCL) to enable sustainable aviation fuel (SAF) production at its Mumbai Refinery. BPCL is revamping its existing ...
The International Energy Agency (IEA) warned that global diesel markets could remain tight into 2027 as conflicts disrupt supplies from the Middle East and Russia. Combined diesel export losses ...
Saudi Aramco’s Huajin Aramco Petrochemical Company (HAPCO) joint venture in Panjin, northeast China, has received its first cargo of Saudi crude ahead of start-up. The refinery has a processing ...
TC Energy has completed an investment agreement granting five First Nations communities in British Columbia, Canada, an economic interest in its Coastal GasLink (CGL) pipeline through the ...
PetroChina, Asia’s largest oil and gas producer, officially launched PetroChina Specialty Fuels and Materials Co in Beijing on Monday to expand its marketing of higher-value petroleum products. The ...
BP expects to record $3 billion–$4.5 billion in post-tax impairment charges in Q3 2026, mainly affecting its gas and low-carbon energy assets. However, stronger refining margins are expected to boost ...