Saudi Crude Shipments to US Plunge to Zero as Oil Refiners Pivot

By US imports of Saudi Arabian oil dropped to zero in July, the first time that’s happened for an entire month since 1985, according to preliminary government data. Get the…

Occidental Sees Flat Spending, Output in 2027, Keeps Focus on Debt Reduction

(Reuters) – U.S. oil producer Occidental Petroleum said on Thursday it expects flat production and capital spending in 2027, adding that it would continue to prioritize debt-reduction efforts. Speaking on…

  • 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…

Russia Turns to South Korea for Fuel as Refinery Crisis Deepens

Russia last month imported some 30,000 metric tons of fuels from South Korea to tackle supply constraints caused by continued Ukrainian drone attacks on refineries. According to a Reuters report…

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…

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…

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…