The fuel oil market is expected to reach USD 260.1 billion by 2030, with average annual growth of 4.61%, despite the challenges posed by environmental regulations and price volatility.
The fuel oil market is expected to reach USD 260.1 billion by 2030, with average annual growth of 4.61%, despite the challenges posed by environmental regulations and price volatility.
ExxonMobil expects global oil demand to exceed 100 million barrels per day in 2050, a projection that diverges from the more cautious forecasts of the IEA and BP.
ExxonMobil expects global oil demand to exceed 100 million barrels per day in 2050, a projection that diverges from the more cautious forecasts of the IEA and BP.
Sinopec adjusts its crude processing by 1.6% for the second half of 2024, potentially impacting crude oil imports into China against a backdrop of falling demand.
Sinopec adjusts its crude processing by 1.6% for the second half of 2024, potentially impacting crude oil imports into China against a backdrop of falling demand.
An oil tanker managed by an Azerbaijani company uses the Northern Sea Route to China, a route dominated by Russian Sovcomflot vessels, despite high navigation costs.
An oil tanker managed by an Azerbaijani company uses the Northern Sea Route to China, a route dominated by Russian Sovcomflot vessels, despite high navigation costs.
Paret Mining LLC, headed by Emmanuel Fritz Paret, strengthens its position in the US energy sector with the acquisition of a 10,000-acre reserve in Kentucky, comprising oil and natural gas wells.
Paret Mining LLC, headed by Emmanuel Fritz Paret, strengthens its position in the US energy sector with the acquisition of a 10,000-acre reserve in Kentucky, comprising oil and natural gas wells.
In July, India became the biggest buyer of Russian oil, surpassing China, against a backdrop of Western sanctions against Moscow and changes in global trade flows.
In July, India became the biggest buyer of Russian oil, surpassing China, against a backdrop of Western sanctions against Moscow and changes in global trade flows.
