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Crude
Crude Oil
Four Giant Oil & Gas Projects Line up for Start-up in 2025 Offshore Norway With More on the Cards
Norwegian oil and gas player Vår Energi has confirmed that four major projects are expected to be put into operation this year, enabling the firm’s …
Oil Price
US Gulf Refiners Paying Premium Prices for Trinidad’s Molo Crude
Some U.S. Gulf Coast refiners have recently paid prices over the Brentcrude benchmark for Trinidad and Tobago's Molo heavy sour crude, the CEO of the countr…
Oil Refinery
Dangote Refinery to Operate at 100% by March
Dangote Oil refinery, currently operating at 85 per cent capacity is expected to go 100 per cent in 30 days.The 650,000-barrel-per-day refinery began processing…
Oil Refinery
HPCL Plans to Raise Vizag Oil Refinery Capacity by 20% to Meet Fuel Demand
State-run Hindustan Petroleum (HPCL) plans to increase the capacity of its Vizag oil refinery in southern India by as much as 20 per cent to meet growing local …
Crude Oil
Malaysia’s Petronas to ‘Rightsize’ Workforce to Ensure Survival, Reports Say
President and group CEO of Petronas, Tengku Muhammad Taufik attends the Energy Asia conference in Kuala Lumpur, Malaysia June 26, 2023.Malaysia's state ener…
Crude Oil
Kazakhstan’s Ozenmunaigaz Targets Higher Oil Output in 2025
Ozenmunaigaz will increase oil production to 5.25 million tons in 2025.This became known during a working visit to the Mangystau region by the Chairman of the B…
Crude Oil
Chevron Says Fading U.S. Crude Growth Casts Pall on Port Projects
The tanker Eagle Seville discharges crude oil at the Port of Corpus Christi in Corpus Christi, Texas, U.S., as seen in this aerial photo taken on Monday, Dec. 2…
LNG
Trump Says He Discussed LNG Exports With Japan’s Ishiba
Crude oil pipeline in Fairbanks, Alaska.President Donald Trump said that the US and Japan are discussing a pipeline project in Alaska after meeting with the cou…
Oil Price
Oil India Q3 Results: Net Profit Drops 23% on Lower Crude Oil Prices
State-owned Oil India Ltd (OIL) reported a 23 per cent drop in its third-quarter net profit as the price of crude oil produced and sold fell.Net profit was ₹1,…
Crude Oil
China Aims for Stable Crude Oil Production Above 200M Tons in 2025
Workers perform their tasks at an oil platform in Daqing Oilfield in Daqing, northeast China's Heilongjiang Province, Nov. 25, 2024.China aims for stable cr…
Crude Oil
Chevron Accelerates Kazakh Oilfield Ramp-Up, Sources Say
Chevron logo is seen in this illustration taken, October 23, 2023.Chevron (CVX.N), is speeding up its expansion of Kazakhstan's Tengiz oilfield, two sources fam…
Crude Oil
Venezuela’s PDVSA Resumes Light Crude Imports as Output Dwindles
Drilling rigs are seen at an oil well operated by Venezuela's state oil company PDVSA, at the oil rich Orinoco belt, near Morichal at the state of Monagas A…
Oil Refinery
China Oil Teapots Cut Run Rates to Pandemic Levels
Private oil processors in China have slashed their operating rates to levels last seen at the beginning of the pandemic, as U.S. sanctions on Russia cut a key s…
Crude Oil
US Permian Oil Output Growth to Slow in 2025 Despite Trump’s Plan, Executives Say
A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Picture taken November 23, 2019.Growth in oil output from…
Crude Oil
Singapore Distillates Stocks Surge 13% Despite Higher Net Exports
Wedoany.com Report-Feb 6, Singapore's middle distillates stocks rose 13% from last week despite higher net exports, official data showed on Thursday, amid f…
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