Georgia begins construction of its first oil refinery at Kulevi, with the aim of reducing its dependence on Russian imports and strengthening its energy autonomy.
Georgia begins construction of its first oil refinery at Kulevi, with the aim of reducing its dependence on Russian imports and strengthening its energy autonomy.
In July 2024, Russian seaborne exports of petroleum products to Asia doubled to 1.1 million tonnes, with increased use of the Cape of Good Hope route to avoid the Suez Canal.
In July 2024, Russian seaborne exports of petroleum products to Asia doubled to 1.1 million tonnes, with increased use of the Cape of Good Hope route to avoid the Suez Canal.
ENEOS Holdings and Cosmo Energy Holdings are adjusting their strategy to meet growing demand for aviation fuel in Japan, by increasing production and considering imports in the face of geopolitical tensions.
ENEOS Holdings and Cosmo Energy Holdings are adjusting their strategy to meet growing demand for aviation fuel in Japan, by increasing production and considering imports in the face of geopolitical tensions.
New US sanctions against Iran and the Houthi rebels are shaking up the oil market, amplifying geopolitical tensions in the Middle East and disrupting supply chains.
New US sanctions against Iran and the Houthi rebels are shaking up the oil market, amplifying geopolitical tensions in the Middle East and disrupting supply chains.
BP signs an agreement with Iraq to develop four oil and gas fields in the province of Kirkuk, with the aim of increasing energy production and diversifying resources.
BP signs an agreement with Iraq to develop four oil and gas fields in the province of Kirkuk, with the aim of increasing energy production and diversifying resources.
Global oil reserves remain stable at 1,536 billion barrels, posing a challenge in the face of growing demand without rapid electrification of transport.
Global oil reserves remain stable at 1,536 billion barrels, posing a challenge in the face of growing demand without rapid electrification of transport.
