OILPRICE

Shell is gearing up to transform its largest German oil refinery, Rheinland, turning the crude-centric Wesseling site into a base-oil powerh...

Marathon Petroleum Corp (NYSE: MPC) beat the analyst consensus for its third-quarter earnings by a mile, despite the expected slump in profi...

Soaring crude futures prices on the Shanghai International Energy Exchange (INE) have opened the arbitrage for traders to deliver in Novembe...

Saudi Aramco, the world’s largest oil company by production and market value, reported on Tuesday a 15.4% annual decline in third-quarter ea...

Britain’s transition to a low-carbon energy system is fraught with challenges, the new state-owned grid operator has warned in a report. Mas...

The latest storm in this year’s hurricane season may threaten some 4 million barrels daily in Gulf of Mexico oil production, Reuters has rep...

The growth in demand for diesel fuel in India is slowing down, the latest sales figures have suggested, with the total for October flat on t...

As Asia is driving almost all of the global oil demand growth today and is set to continue to do so in the coming decades, some of the world...

Back in June, we reported that Singapore-based oil and commodities trading powerhouse Trafigura Group was still dealing with the fallout of...

Frustration has mounted over setbacks to hydrogen projects in Europe with recent news of projects put on hold, including pauses in high-prof...

We’re headed for a historic supply-demand gap in oil markets, the size of which has only been seen twice since the mid-nineteenth century, w...

By Zander Capozzola via AEGIS Hedging The US renewable fuels industry is increasingly mired by a lack of regulatory guidance surrounding a n...

Territorial confrontations in the South China Sea pitting several Asian nations against China have entered a perilous phase that could possi...

OPEC oil production rebounded from its lowest this year thanks to Libya resolving, even if temporarily, a political crisis over control of t...

The U.S. presidential election on November 5 will probably have a major bearing on Washington’s policy toward Iran. Vice President Kamala Ha...

French oil and gas giant TotalEnergies (NYSE:TTE) has predicted that global oil demand will peak after 2030 in its most likely scenarios, dr...

Canada is unveiling on Monday its plan to cap emissions from the most polluting sectors, including a requirement for oil and gas operators t...

Policymakers are descending on Baku for COP29 to mobilise finance to support climate action in developing countries – and London is leading...

A day before the presidential elections, U.S. national average prices per gallon at the pump have continued to fall, with both GasBuddy and...

OPEC+ agreed to push back its December production increase by one month, the second delay to its plans to revive supply as faltering demand...

The Swedish government on Monday rejected plans for the construction of 13 offshore wind farms in the Baltic Sea, citing defense risks such...

In recent weeks, Israel has neutralised all the top leadership of Iran’s key proxy terrorist organisations Hamas and Hezbollah which pose th...

The world’s third-largest crude oil importer, India, wants oil-producing countries and large oil-consuming nations to sit down and discuss t...

OPEC+ has postponed its plan to increase oil production by 180,000 barrels per day, originally scheduled for December. This decision was mad...

The OPEC+ group’s efforts to manage oil supply to the market are creating price volatility and reducing visibility for investment in new pro...