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Alberta reopens debate on pipeline to export crude oil to Asia
Alberta is considering reactivating a pipeline to the Pacific to increase Canadian crude oil exports to Asia.
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MOL Group strengthens its international presence with energy alliance in Libya
MOL and NOC activate technical and commercial cooperation for new oil projects and strengthen Eurasian energy supply.
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“India exports fuel to Europe after ban on Russian crude oil products”
Oil major Reliance Industries completes India's first jet fuel export to Europe
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Geopolitical relief knocks oil prices down 3%.
U.S. and Iran prepare talks in Oman as market reacts to possible diplomatic detente.
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SLB to lead development of Mutriba field in Kuwait
Kuwait Oil Company commissions SLB to develop Mutriba, a complex reservoir with extreme conditions and high potential.
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Phillips 66 beats forecasts and returns to positive territory thanks to improved margins
The level of capacity utilization remained close to the technical maximum, reflecting a stable operation.
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PETRONAS secures long-term LNG supply with QatarEnergy
The agreement fixes stable volumes of liquefied natural gas for two decades and strengthens Malaysia's energy security.
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Gulf stock markets rise on oil as Dubai records all-time highs
A survey showed that the UAE's non-oil private sector accelerated new business growth in January.
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U.S. refineries face Venezuelan crude oversupply
The increase in exports from Venezuela exceeds the purchasing capacity of U.S. refineries and forces the company to seek new markets.
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USA oil production reopens in Venezuela
Washington will allow companies to operate Venezuelan oil fields under supervised financial control following the capture of former President Nicolás Maduro.
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Marathon Petroleum boosts earnings after applying stronger refining margins
The increase in refining margins strengthened the quarterly results and the positive market reaction.
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Delfin LNG pipeline explosion mobilizes authorities in Louisiana
A leak and fire on a gas line operated by Delfin LNG in Cameron Parish revives concerns about energy security in the region.