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.
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.
