Saudi Arabia’s Texas Refinery Just Made a Power Move
While some U.S. refiners are scaling back, Saudi Arabia’s Motiva Enterprises just made a power move. The Saudi Aramco-owned refinery in Port Arthur, Texas, has quietly expanded its capacity, now…
Chevron Needs Hess’s Guyana Oil Assets to Boost Reserves
Chevron Needs Hess’s Guyana Oil Assets to Boost Reserves | OilPrice.com `; document.write(write_html); } Breaking News: ByCharles Kennedy– Feb 11, 2025, 11:30 AM CST Chevron is betting on the multi-billion…
Carbon Catalyst starts testing CO2 injections at Poseidon
Carbon Catalyst has begun carbon dioxide (CO2) injections at Poseidon, the major carbon capture and storage (CCS) project off south-east England. The test, the first of its kind in UK…
ADNOC Gas signs 14-Year LNG supply agreement with IndianOil
ADNOC Gas has signed a 14-year sales and purchase agreement (SPA) with Indian Oil Corporation for the export of up to 1.2 million tonnes per annum (mtpa) of liquefied…
German Gas Marketer Seeks State Subsidy to Refill Storage
German Gas Marketer Seeks State Subsidy to Refill Storage | OilPrice.com `; document.write(write_html); } Breaking News: ByCharles Kennedy– Feb 11, 2025, 10:30 AM CST Trading Hub Europe GmbH, the German…
Miner Hopes New Greenland Government Could Revive Rare Earths Project
Miner Hopes New Greenland Government Could Revive Rare Earths Project | OilPrice.com `; document.write(write_html); } Breaking News: ByCharles Kennedy– Feb 11, 2025, 9:30 AM CST Australia-listed Energy Transition Minerals, which…
Red Sea Shipping Traffic Remains Subdued Amid Fragile Ceasefire
Red Sea Shipping Traffic Remains Subdued Amid Fragile Ceasefire | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Feb 11, 2025, 8:30 AM CST Vessel transits through the Red Sea…
Russia Says Sanctions Shouldn’t Hinder Oil Trade With India
ByTsvetana Paraskova– Feb 11, 2025, 7:15 AM CST U.S. sanctions against Russia’s oil exports and trade should not hinder Russian energy trade with India, Russia’s first deputy energy minister, Pavel…
bp to reset strategy after 2024 profits dip to $8.9bn
bp’s annual underlying profit slipped from $13.8bn in 2023 to $8.9bn last year, prompting a ‘strategy reset’. Underlying profit for the fourth quarter totalled $1.2bn, compared with $2.3bn for the…
BP Teases Fundamental Reset of Strategy to Boost Returns and Cash
ByTsvetana Paraskova– Feb 11, 2025, 6:00 AM CST BP (NYSE: BP) on Tuesday pledged to fundamentally reset its strategy as it booked its lowest annual and quarterly profits in years…
