India Remains Dependent on Imports for 90% of Oil Demand

Despite a decline in dependence on primary energy imports, India remains highly dependent, at a massive 90%, on crude oil imports for its consumption, a new industry report has shown.…

Libya Aims to Boost Oil Production to 2 Million Bpd by Early 2030s

Libya’s National Oil Corporation (NOC) is confident the country could raise oil production to 2 million barrels per day (bpd) by early next decade from about 1.4 million bpd now,…

ADNOC Buys 11 Supertankers for $1.3 Billion to Expand Export Fleet

ADNOC has bought 11 very large crude and gas carriers for $1.3 billion as the national oil company of Abu Dhabi continues to expand its fleet of supertankers to boost…

  • Gas
  • August 7, 2026
CO2 storage key to reliable supply for US food and beverage manufacturers

By 2 days ago 3 min read Investing in greater carbon dioxide (CO2) storage capacity could be one of the most effective ways for food and beverage manufacturers to protect…

  • Gas
  • August 7, 2026
CO2 storage key to reliable supply for US food and beverage manufacturers

By 2 days ago 3 min read Investing in greater carbon dioxide (CO2) storage capacity could be one of the most effective ways for food and beverage manufacturers to protect…

  • Gas
  • August 7, 2026
CO2 storage key to reliable supply for US food and beverage manufacturers

By 17 min ago 3 min read Investing in greater carbon dioxide (CO2) storage capacity could be one of the most effective ways for food and beverage manufacturers to protect…

  • Gas
  • August 7, 2026
Analysis: Why BP’s Archaea exit is not a vote against biomethane

Analysis: Why BP’s Archaea exit is not a vote against biomethane | Biomethane | gasworld ©Shutterstock By 36 min ago 1 min read BP’s decision to put Archaea Energy has…

India’s Crude Oil Output Falls for Third Straight Year

India’s crude oil production fell for the third consecutive financial year in 2025/2026, the government said as it launches a push to boost offshore oil and gas exploration. India’s crude…

Shipping Through Hormuz Drops Sharply as Tensions Rise

Vessel traffic through the Strait of Hormuz has declined this week from the prior week amid uncertainty about the U.S.-Iran talks and the potential reopening of the Middle East’s key…

China’s Crude Imports Bounce Back After Historic June Slump

China’s crude oil imports reversed an earlier decline, rising by 22% from June to an average daily of 8.45 million barrels, or a total of 35.73 million tons, Bloomberg reported…