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Oil & Gas
Oman Starts New Energy Company As it Seeks to Leverage Oil Block
New government-owned Omani energy company is established as it seeks to use its largest oil block to raise debt
Oil & Gas
Oil Prices Reach One-Year High As Global Crude Supplies Shrink
Oil surged to the highest in more than a year as the market looks ahead toward an accelerating decline in global inventories and a comeback in demand.
Oil & Gas
OPEC+ Considers Production Increase At March Meeting
OPEC+ will discuss the possibility of increasing its oil production levels at the next meeting, OPEC+ sources said on Wednesday.
Oil & Gas
Texas Refineries Restarting After Power Loss
Texas refineries reported restarting units shut last week after subfreezing temperatures and a power crisis abruptly cut 28pc of US crude processing capacity.
Oil & Gas
Saudi Arabia And Russia Are Headed For Another Clash On OPEC+ Oil Cuts
The leaders of the OPEC+ alliance, Saudi Arabia and Russia, are reportedly once again at odds over oil supply management ahead of another crucial meeting of the
Oil & Gas
Digital Technology Powers Adnoc's Plans to Reach 5m bpd Capacity by 2030
Adnoc's Thamama centre generates $1.1bn in business value by leveraging technology
Oil & Gas
India's January Crude Processing Scales over 1-yr Peak
India's crude oil processing registered its second straight year-on-yea gain in January, while hitting a more than one-year high, as fuel demand improved on the
Policy & Regulation
Mexico Overhauls Its Huge Oil Hedge
Mexico’s billion-dollar oil hedge to protect next year’s revenues against oil price volatility is getting an upgrade—and the new Hacienda Hedge 2.0 is gettin
Oil & Gas
Oil Drops as Investors Gauge Big Chill Impact on US Refineries
US West Texas Intermediate crude fell 2% to $59.3 a barrel on Friday.
Oil & Gas
U.S. will Import 62% more Crude by 2022 Due to Domestic Production Declines, Says EIA
Throughout much of its history, the United States has imported more petroleum than it has exported.
Oil & Gas
China Is Fueling The Global Crude Oil Demand Recovery
The world’s top oil importer, China, significantly boosted its crude oil imports at the start of the year compared to the end of last year, helping to support
Oil & Gas
Oil Prices Jump Above $61 On Major Crude Draw
Crude oil prices jumped higher after the Energy Information Administration reported crude oil inventories in the U.S. had shed 7.3 million barrels in the week t
Oil & Gas
US Crude Output Down Sharply on Storm
Power outages and freezing temperatures have forced US oil producers to shut down or reduce operations significantly, with impacts ranging from 2mn b/d to as hi
Oil & Gas
India Urges OPEC+ to Ease Production Cuts
"The price-sensitive Indian consumers are affected by rising petroleum product prices," Pradhan said ahead of a March 4 policy-setting meeting of the Organizati
Oil & Gas
UAE’s Energy Ambitions Extend Far Beyond Oil
If 2020 taught us anything it was the need for self-sustainability and the drive for cleaner energy moving into the next decade, as oil demand plummeted.
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