India Intensifies Efforts to Increase Crude Oil Purchases from Brazil Despite Competition from Discounted Russian Oil and Logistical Challenges Related to Maritime Transport
India Intensifies Efforts to Increase Crude Oil Purchases from Brazil Despite Competition from Discounted Russian Oil and Logistical Challenges Related to Maritime Transport
As China, the world's second-largest oil consumer, may reach a peak in refined product demand by 2027, the implications for the global oil market and prices are significant.
As China, the world's second-largest oil consumer, may reach a peak in refined product demand by 2027, the implications for the global oil market and prices are significant.
OPEC Revises Down Its Global Oil Demand Estimates for 2024 and 2025, Forecasting Consumption of 104.1 Million Barrels per Day in 2024, Compared to 102.2 Million in 2023.
OPEC Revises Down Its Global Oil Demand Estimates for 2024 and 2025, Forecasting Consumption of 104.1 Million Barrels per Day in 2024, Compared to 102.2 Million in 2023.
The Russian Deputy Prime Minister announces that the decision to increase oil production by OPEC+ in December remains uncertain, due to market fluctuations and global demand.
The Russian Deputy Prime Minister announces that the decision to increase oil production by OPEC+ in December remains uncertain, due to market fluctuations and global demand.
Patrick Pouyanné, CEO of TotalEnergies, anticipates an oil peak by 2040 while reaffirming the importance of investing in oil and gas, despite the growing prominence of renewable energies.
Patrick Pouyanné, CEO of TotalEnergies, anticipates an oil peak by 2040 while reaffirming the importance of investing in oil and gas, despite the growing prominence of renewable energies.
An acid gas leak in a Pemex refinery in Deer Park, Texas, has caused 2 deaths and 35 injuries. Local authorities have issued an alert, and an investigation is underway to determine the causes of the accident.
An acid gas leak in a Pemex refinery in Deer Park, Texas, has caused 2 deaths and 35 injuries. Local authorities have issued an alert, and an investigation is underway to determine the causes of the accident.
The British giant BP forecasts a decline in its oil sales and refining margins in the third quarter of 2024, impacting its financial results amid falling oil prices.
The British giant BP forecasts a decline in its oil sales and refining margins in the third quarter of 2024, impacting its financial results amid falling oil prices.
Next Bridge Hydrocarbons announces the upcoming acquisition of Louisiana Heritage Play, thereby strengthening its presence in Texas, Louisiana, and Oklahoma. This operation aims to optimize exploration and production opportunities for natural gas and oil.
Next Bridge Hydrocarbons announces the upcoming acquisition of Louisiana Heritage Play, thereby strengthening its presence in Texas, Louisiana, and Oklahoma. This operation aims to optimize exploration and production opportunities for natural gas and oil.
The price of gasoline in Nigeria, Africa's most populous country, has surged again, reaching 998 nairas ($0.62) per liter. This rise follows a previous 45% increase in September, fueling an ongoing economic crisis.
The price of gasoline in Nigeria, Africa's most populous country, has surged again, reaching 998 nairas ($0.62) per liter. This rise follows a previous 45% increase in September, fueling an ongoing economic crisis.
