Energy Aspects Slashes Forecast of China’s November Diesel Exports
FGE NexantECA Sees Slim Chance of U.S.-Iran Deal
Europe’s Grid Spending Is Up 155% Since 2019
ADNOC Expands LNG Empire With Major New India Supply Deal
India’s HPCL Struggles to Secure Oil Tankers as Hormuz Risks Persist
Asia’s Fuel Oil Market Signals Hopes of U.S.-Iran De-Escalation
Viridi raises £2.2m to turn captured CO2 into chemicals
Colorado awards Vycarb $2.7m for carbon management tech
Oil Market Arrives at ‘Remarkable Destination’
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…
New U.S. Metals Tariffs to Drive up Oilfield Equipment Costs, ChampionX Exec Says
U.S. President Donald Trump raised tariffs on steel and aluminium imports on Monday to a flat 25% “without exceptions or exemptions” in a move he hopes will aid the struggling…
Asian Buyers Look to Step Up US LNG Imports to Fend Off Trump Tariffs
At least six Asian economies have expressed interest in buying liquefied natural gas (LNG) to narrow their trade deficit with the United States and fend off tariffs, while others look…
Activist Elliott Builds Over $2.5 Billion Stake in Phillips 66, WSJ Reports
Activist Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66 and plans to push for operational changes to boost its stock price, the…
Gulf Refiners Shun “Watery” Pemex Crude
Refiners on the Gulf Coast are shunning crude oil cargos from Mexico that feature an excessively high water content that makes the feedstock unfit for the production of gasoline and…
Indian Firms Discuss Long-Term LNG Supply Deals With the U.S.
Indian Firms Discuss Long-Term LNG Supply Deals With the U.S. | OilPrice.com `; document.write(write_html); } Breaking News: ByTsvetana Paraskova– Feb 11, 2025, 4:45 AM CST Indian Oil Corporation is in…
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…
ERC Holds Focus Group Discussion on Renewable Energy Parameters for GEA-4 Auction
Representational image. Credit: Canva The Energy Regulatory Commission (ERC) conducted a Focus Group Discussion (FGD) to evaluate the parameters and cost assumptions for renewable energy (RE) technologies ahead of the…
Thailand’s Energy Policy 2025: Focus on Clean Energy and Domestic Energy Security
Representational image. Credit: Canva The Thai government has set a strategic energy policy for 2025, aiming to promote clean energy while securing new domestic energy sources. At the same time,…
USA Natural Gas Prices Experience Volatile Start in 2025
U.S. natural gas prices have experienced a volatile start of the year, supported primarily by the increased demand for heating from an extremely cold weather period coupled with increased external…
