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Oil Price
Texas Shale Industry Voices Frustrations With Trump as Oil Prices Tank
At the Permian Basin Petroleum Association’s Spring Swing golf tournament in Odessa, West Texas, oil industry leaders expressed frustration beyond the gam…
Methane
Ukraine Will Add Bioethanol to Petrol From May, Seeks First Imports From EU
Starting May 1, 2025, Ukraine will enforce a new rule requiring all motor fuel to include at least 5% bioethanol. This step aligns with EU sustainability standa…
Crude Oil
Occidental Petroleum Flags Higher Prices for Oil and Gas Production in Q1
On Wednesday, Occidental Petroleum, a U.S. shale company, reported that prices for its oil and gas production in the first quarter were higher than in the previ…
Green Hydrogen
BPCL, Sembcorp Ink JV to Develop Green Hydrogen, Renewables in India
On Tuesday, Bharat Petroleum Corp (BPCL), an Indian state-owned refiner, entered into a joint venture with Sembcorp, a Singapore-based company supported by Tema…
Renewable Diesel
US Oil, Biofuel Group Recommends 5.25 Billion Gallons in Biomass Diesel Mandates, Sources Say
A U.S. coalition involving biofuel and petroleum groups has recommended that the Environmental Protection Agency (EPA) set the 2026 biomass-based diesel blendin…
Carbon Capture
Occidental’s 1PointFive Receives Permits to Sequester CO2 at Texas Facility
Occidental Petroleum’s unit, 1PointFive, announced on Monday, April 7, 2025, that the U.S. Environmental Protection Agency (EPA) has approved its applicat…
SAF
Colombia’s Ecopetrol to Invest up to $700 Million in SAF Production Plant
Ecopetrol, Colombia’s state-run energy company, has announced plans to invest between $500 million and $700 million in a new facility to produce Sustainab…
Photovoltaic （PV）
Offshore vs. Ground-Mounted PV
Researchers from Saudi Arabia's King Fahd University of Petroleum & Minerals have conducted a comparative investigation of experimental solar floating photo…
Geothermal Heating Project
Geothermal Energy Potential in Türkiye Sees Significant Developments in 2024
As of 2024, Türkiye’s geothermal energy potential has seen notable progress. According to the 2024 Activity Report published by the General Directora…
Oil&Gas Drilling
BP Plans to Explore for New Oil in Azeri Caspian Sea
BP (BP.L), plans to explore for new oil fields in the Azeri Caspian Sea, BP's upstream chief Gordon Birrell told.Logo of British Petrol BP is seen at petrol…
Natural Gas
Chevron and Partners Seek Additional Capacity Boost at Mediterranean Gas Field
Chevron, a U.S.-based company, along with its partners, has presented an updated reservoir development plan to the Petroleum Commissioner at Israel’s Ministry …
Crude Oil
Oil Trade Group Pushes Us for National Ethanol Policy After EPA Okays Midwest Expansion
Oil pump jack is seen in front of displayed U.S. flag in this illustration taken, October 8, 2023.On Monday, the American Petroleum Institute (API), a trade gro…
Biofuel
Oil, Ag and Biofuel Groups Partner to Advocate for Timely, Robust RFS Rvos
A coalition of biofuel, agriculture, fuel retailer and petroleum trade groups on Feb. 19 sent a letter to U.S. EPA Administrator Lee Zeldin urging the agency to…
Crude Oil
Colombia’s Ecopetrol Books Biggest Increase in Proven Oil, Gas Reserves in Three Years
Oil pumpjacks are pictured in an Ecopetrol oil field in Barrancabermeja, Colombia October 11, 2024.Colombia's Ecopetrol (ECO.CN), booked its biggest increase in…
Crude Oil
US Refiners Mull Switch to Alternative Lighter Crudes Amid Trump Tariff Fears
U.S. flags are displayed at Marathon Petroleum's Los Angeles Refinery in Carson, California, U.S., March 11, 2022.Top U.S. refiners are poised to seek alternati…
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