IEA Projects a Large Global Oil Surplus in 2026
IEA Projects a Large Global Oil Surplus in 2026 The International Energy Agency (IEA) forecasts a significant global oil surplus ...
World Bank Warns of Potential Supply and Demand Gap in Oil by 2026
World Bank Warns of Potential Supply and Demand Gap in Oil by 2026 The World Bank has issued a new ...
Nigeria Refinery Ramps Up Output Following New Fuel Import Duty
Nigeria Refinery Ramps Up Output Following New Fuel Import Duty A major Nigerian refinery has increased petrol and diesel production ...
PetroChina’s Yunnan Petrochemical Unit to Shut for Two-Month Overhaul
PetroChina’s Yunnan Petrochemical Unit to Shut for Two-Month Overhaul Maintenance Shutdown: PetroChina announced that its Yunnan Petrochemical Company will undergo ...
Oil Retreats on Oversupply Worries
Oil Retreats on Oversupply Worries Market Correction: Crude oil prices slipped as traders grew concerned that rising global supply and ...
Oil Settles Higher as Tight Fuel Markets Offset Crude Supply Concerns
Oil Settles Higher as Tight Fuel Markets Offset Crude Supply Concerns Market Dynamic: Crude oil prices closed higher as surging ...
India’s HPCL, MRPL Buy 5 Million Barrels of U.S. and Mideast Oil
India's HPCL, MRPL Buy 5 Million Barrels of U.S. and Mideast Oil Crude Procurement Shift: India’s state refiners Hindustan Petroleum ...
Saudi Aramco CEO Warns of Potential Global Oil Shortage
Saudi Aramco CEO Warns of Potential Global Oil Shortage Supply Concerns: Amin Nasser, CEO of Saudi Aramco, warned that the ...
Egypt Plans 480 New Oil Wells with US$5.7 Billion Investment
Egypt Plans 480 New Oil Wells with US$5.7 Billion Investment Expansion Initiative: Egypt’s Ministry of Petroleum announced plans to drill ...
Exclusive: Ukraine Drone Attack on Russian Gas Plant Disrupts Kazakh Output
Ukraine Drone Attack on Russian Gas Plant Disrupts Kazakh Gas Exports Energy Shock: A Ukrainian drone strike hit a major ...
TotalEnergies Sells Norwegian Oil Assets to Vaar Energi to Cut Debt
TotalEnergies Sells Norwegian Oil Assets to Vaar Energi to Cut Debt Divestment Move: TotalEnergies has agreed to sell its interests ...
Austria’s OMV Amends Dividend Policy to Reflect Borouge Chemicals Deal
Austria’s OMV Amends Dividend Policy Following Borouge Chemicals Deal Strategic Adjustment: Austrian energy and chemicals group OMV has revised its ...
