ExxonMobil, ANPG Notch 20th Discovery in Angola’s Block 15
Angola’s National Oil, Gas and Biofuels Agency, ExxonMobil and its Block 15 partners confirmed a new oil discovery at the Vicango Este-01 well on Wednesday, the deepwater block’s 20th find…
Ukraine Targets Russia’s Key Black Sea Oil Port
Ukraine hit with drones overnight on Wednesday infrastructure in Novorossiysk, which is Russia’s key oil terminal in the Black Sea, in attacks that killed four people and reportedly sparked a…
Sinopec Sees China Oil Demand Falling 8.9% in 2026
China’s Sinopec, the world’s top refiner by capacity, expects Chinese oil demand to drop by 8.9% in 2026 from a year earlier amid demand destruction from higher oil prices and…
Morgan Stanley: Oil Traders Are ‘More Precise’ With Risk as Wars Drag On
Uncertainty about how the wars in Iran and Ukraine will unfold is keeping many traders away from taking positions in longer-dated futures contracts, according to investment bank Morgan Stanley. Most…
Diesel Crunch Set to Worsen as Refining Capacity Falls Short, Industry Warns
The tight global diesel market is set to further tighten in the coming months and keep fuel prices high, raising the prices of all goods and threatening the inflation targets…
India’s Refineries Run at Up to 108% as Diesel Demand Surges
India’s refineries have been running at 105% to 108% capacity utilization in the past six months as demand for diesel soars and international fuel markets tighten amid the ongoing Middle…
Brent Breaks $100 for the First Time in Nearly Two Months
Oil prices hit the $100 per barrel mark early on Wednesday in Asian trade as the ongoing crisis in the Middle East has diminished hopes of U.S.-Iran talks and a…
Hong Kong firm targets European cement industry with CCU solution
© Shutterstock.com You’ve read 1 of 1 of your free articles this month. By 1 hour ago 2 min read Sustainable construction materials firm Green Vector subsidiary Laputa Eco-Construction Material…
Hong Kong firm targets European cement industry with CCU solution
© Shutterstock.com You’ve read 1 of 1 of your free articles this month. By 12 hours ago 2 min read Sustainable construction materials firm Green Vector subsidiary Laputa Eco-Construction Material…
Investment partners secure €76m for Italy biomethane plants
By 42 min ago 1 min read Spanish investment partners Bankinter Investment and Plenium Partners have secured a €76m ($88.5m) package from ING and UniCredit to refinance a portfolio of…
