According to Yahoo Finance, Major US refiners including Valero Energy, Marathon Petroleum, and Phillips 66 are expected to report substantially higher third-quarter earnings, potentially exceeding ...
According to OilPrice.com, Saudi Arabia plans to raise capacity of its 740-mile East-West onshore oil pipeline (Petroline) to 10 million bpd within two to three years, adding 3 million bpd to its ...
According to Hydrocarbon Processing, Global diesel markets could remain tight well into 2027, with high prices driving inflation and slowing economic growth, as conflicts curb output from the Middle ...
According to OilPrice.com, Historically low EU natural gas storage for this time of year risks a winter shortfall that could force a 7% demand cut (14 bcm versus last winter), per an IEEFA report.
The ARA barge freight market firmed on most days this week. Middle distillates and light ends took turns driving it. Both segments rose on Monday. Middle distillates then led on Wednesday, light ends ...
Covestro NV has announced plans to reorganise polycarbonate production at its Antwerp site in Belgium to strengthen its long-term competitiveness. The proposed changes would consolidate production ...
The Rhine barge freight market began the week at a standstill, with no deals on Monday. A small wave of water in the forecast then brought some charterers back. As a result, rates fell on Wednesday ...
Sunda Energy Plc has advanced its application for a new offshore exploration permit in New Zealand’s Taranaki Basin to the exclusive phase, marking a further step in the company’s plans to evaluate ...
Venture Global, Inc. has entered into power and grid framework agreements with GE Vernova and Baker Hughes Energy Services for up to 16 additional 720-megawatt (MW) power island units and associated ...
The International Energy Agency (IEA) will expedite the release of over 20 million barrels of diesel and accelerate its emergency oil draw, aiming to exceed the 400 million barrels pledged in March.
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 ...
Shell has agreed to sell its entire interest in Shell Nigeria Gas Group to Nigerian energy company Vaaris Energy as part of its strategy to simplify its portfolio and focus on deepwater and integrated ...
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