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The expansion of Canada's Trans Mountain pipeline could redefine the flow of crude oil to Asia in the second quarter of 2024, offering new opportunities for arbitrage and source diversification, economic conditions permitting.
The expansion of Canada's Trans Mountain pipeline could redefine the flow of crude oil to Asia in the second quarter of 2024, offering new opportunities for arbitrage and source diversification, economic conditions permitting.
Drones attacked oil refineries in Russia's Samara region, causing a fire but no casualties.
Drones attacked oil refineries in Russia's Samara region, causing a fire but no casualties.
The Norwegian Ocean Industry Authority, Havtil, grants Aker BP permission to drill in the Trell Portiko and Trell Sirloin exploration prospects in the North Sea.
The Norwegian Ocean Industry Authority, Havtil, grants Aker BP permission to drill in the Trell Portiko and Trell Sirloin exploration prospects in the North Sea.
Guangdong Petrochemical, China's state-owned refinery, is importing Venezuelan crude directly for the first time, exploiting the easing of sanctions.
Guangdong Petrochemical, China's state-owned refinery, is importing Venezuelan crude directly for the first time, exploiting the easing of sanctions.
U.S. natural gas storage inventories remain at their highest level in eight years, according to forecasts ahead of the EIA report.
U.S. natural gas storage inventories remain at their highest level in eight years, according to forecasts ahead of the EIA report.
Shell receives almost $750 million in tax refunds from the UK government for the decommissioning of its Brent oil field.
Shell receives almost $750 million in tax refunds from the UK government for the decommissioning of its Brent oil field.
U.S. crude oil and gasoline reserves fell by a surprising amount, exceeding analysts' expectations, according to the EIA.
U.S. crude oil and gasoline reserves fell by a surprising amount, exceeding analysts' expectations, according to the EIA.
ExxonMobil launches a legal battle against Chevron to defend its interests in Guyana's rich Stabroek field, following a takeover bid from Hess, a key player in the industry.
ExxonMobil launches a legal battle against Chevron to defend its interests in Guyana's rich Stabroek field, following a takeover bid from Hess, a key player in the industry.
One of Japan's leading refiners, Idemitsu Kosan, strengthens its grip on Fuji Oil, propelling a strategy towards carbon neutrality by 2050.
One of Japan's leading refiners, Idemitsu Kosan, strengthens its grip on Fuji Oil, propelling a strategy towards carbon neutrality by 2050.
The United States plans to replenish its strategic oil reserves by the end of the year, after using them to stabilize crude prices.
The United States plans to replenish its strategic oil reserves by the end of the year, after using them to stabilize crude prices.