The oil tankers docking at the refinery in Baytown, Texas, look exactly like many others plying the waters of the Houston Ship Channel. But stashed inside their capacious holds is an unusual cargo: Russian petroleum. […]
The UK government has pledged that high-skilled oil and gas workers and the supply chain will not be left behind in the transition to a low carbon future as the landmark North Sea Transition Deal […]
Singapore — 0307 GMT: Crude oil futures fell during mid-morning trade in Asia March 23, as the market remained concerned over the third wave of the coronavirus in Europe given that extended mobility restrictions in the […]
Brent futures’ rapid ascent towards $70 has been arrested in March, despite strong cohesion among Opec+ producers, an improving macro-economic outlook and renewed risk-on sentiment as Covid-19 vaccine deployment loosens the link between daily virus […]
Singapore — 0307 GMT: Crude oil futures were lower during mid-morning trade in Asia March 22, as investors remained nervous following the panic sell off on March 18, while the prospect of an extended mobility restriction […]
Brent oil dropped in Asia as the dollar strengthened, giving up some of the gains posted at the end of the worst week since October. Futures in London slipped 1% on Monday as a rising […]
Saudi Aramco will ensure China’s energy security remains its highest priority for the next 50 years and beyond as new and existing energy sources run in parallel for some time, CEO Amin Nasser told the China Development […]
World’s biggest oil company saw net income fall 44% last year CEO Nasser is ‘very optimistic’ on oil demand growing in 2021 Saudi Aramco’s $75 billion dividend survived one of the biggest disruptions to oil […]
Energy News Beat Publishers Note: The United States needs to increase oil trade with Canada and Mexico to minimize our reliance on foreign influences. Current policies are not taking the world political situations into consideration. […]
India will look for alternative sources of crude oil to ensure sustained supply of the fuel, Finance Minister Nirmala Sitharaman said. New supply chains won’t likely have an impact on crude prices though, she said […]
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