U.S. crude oil reserves have unexpectedly decreased, while production reaches a record high, solidifying the United States' position as the world's top producer.
U.S. crude oil reserves have unexpectedly decreased, while production reaches a record high, solidifying the United States' position as the world's top producer.
Marine fuel sales in Panama reached their highest level in September since 2020, supported by strong year-on-year performance in both high sulfur and very low sulfur bunker grades.
Marine fuel sales in Panama reached their highest level in September since 2020, supported by strong year-on-year performance in both high sulfur and very low sulfur bunker grades.
The international operator of Kashagan urges QazaqGaz to prioritize the construction of processing facilities, as oil production growth projects are delayed.
The international operator of Kashagan urges QazaqGaz to prioritize the construction of processing facilities, as oil production growth projects are delayed.
The British government has opened 37 investigations into suspected breaches of sanctions imposed on the Russian oil sector, marking an intensification of efforts to enforce restrictions aimed at reducing Russia's oil revenue.
The British government has opened 37 investigations into suspected breaches of sanctions imposed on the Russian oil sector, marking an intensification of efforts to enforce restrictions aimed at reducing Russia's oil revenue.
Gasoline exports to Nigeria have sharply dropped in October, as the Dangote refinery operates at half capacity, risking a fuel deficit without additional imports.
Gasoline exports to Nigeria have sharply dropped in October, as the Dangote refinery operates at half capacity, risking a fuel deficit without additional imports.
Reliance Industries posted a 1% rise in crude throughput in the third quarter despite unfavorable market conditions affecting its petrochemical business. The O2C division, however, saw its revenues increase by 5.1% year-on-year.
Reliance Industries posted a 1% rise in crude throughput in the third quarter despite unfavorable market conditions affecting its petrochemical business. The O2C division, however, saw its revenues increase by 5.1% year-on-year.
The Indonesian government reduces nearly half of its exploration permits to focus on optimizing and reactivating existing wells, aiming to strengthen national production.
The Indonesian government reduces nearly half of its exploration permits to focus on optimizing and reactivating existing wells, aiming to strengthen national production.
TotalEnergies announces a drop in its refining margins in Q3 2024, with a 66% decrease compared to the previous quarter, due to falling prices for petroleum products worldwide.
TotalEnergies announces a drop in its refining margins in Q3 2024, with a 66% decrease compared to the previous quarter, due to falling prices for petroleum products worldwide.
The International Energy Agency (IEA) has lowered its forecasts for global refinery runs due to weak profit margins, particularly impacting China and Europe.
The International Energy Agency (IEA) has lowered its forecasts for global refinery runs due to weak profit margins, particularly impacting China and Europe.
The International Energy Agency confirms that the oil market remains stable despite tensions in the Middle East, while preparing to intervene if necessary.
The International Energy Agency confirms that the oil market remains stable despite tensions in the Middle East, while preparing to intervene if necessary.
