India Urges Middle East for New Crude Oil Pricing Amid Rising Shipping Expenses
India’s major state-owned refiners have urged a Middle Eastern supplier to present alternative pricing options for crude oil.
LEARN MOREThe December issue of the World of Petroleum and Bitumen
India’s major state-owned refiners have urged a Middle Eastern supplier to present alternative pricing options for crude oil.
LEARN MOREOil prices have climbed to their highest levels in three months, driven by the United States imposing stricter sanctions on Russia.
LEARN MOREThe global energy sector is experiencing a profound shift, with oil and gas continuing to dominate the energy mix, even as renewable energy sources r...
LEARN MOREA decline in crude exports from Iran and Russia has driven up the value of Middle Eastern oil, with certain grades now trading at unprecedented premi...
LEARN MORETurkey has expressed a desire to play a role in rebuilding Syria’s oil and gas industry, according to remarks made by Turkey’s energy minister.
LEARN MOREThe federal government in the Pakistan is anticipated to announce adjustments to petroleum prices on December 31, which may result in higher costs fo...
LEARN MOREAs 2024 ends, oil prices have demonstrated the most stable range since 2019, signaling that the intense fluctuations of the past three years may have...
LEARN MOREIndia’s oil import data for November shows that the Middle East’s share surged to its highest level in nine months, while Russia’s share droppe...
LEARN MOREFitch Ratings has predicted that oil demand growth in 2025 will likely be similar to 2023.
LEARN MOREThe United Arab Emirates (UAE), a key member of OPEC+, is planning to reduce its oil exports early next year as part of the group’s efforts to enfo...
LEARN MOREThe oil and gas sector has presented a detailed agenda for President-elect Donald Trump to consider.
LEARN MOREUncertainty over oil demand growth is expected to linger beyond 2024, accompanied by concerns over potential price declines.
LEARN MORETrump has been openly critical of OPEC, Saudi Arabia’s policies, and China’s growing influence in the region.
LEARN MOREThe recently refurbished Port Harcourt refinery in Nigeria has officially begun exporting refined petroleum products, marking a significant milestone...
LEARN MORERussian oil exports to China through Kazakhstan’s pipeline system have remained steady throughout 2024, according to data from KazTransOil, Kazakhs...
LEARN MORESaudi Arabia has managed to reclaim a portion of its oil market share in Asia, the largest oil-importing region globally, as its crude exports increa...
LEARN MOREThe first national-level shale oil demonstration site in China, situated in the Xinjiang Uygur autonomous region, has achieved an annual production m...
LEARN MOREIslamabad: Pakistan’s Petroleum Division is facing heightened turmoil as disagreements over gas allocation policies and other key petroleum issues ...
LEARN MOREThe Czech Republic will halt imports of Russian oil by July 2025 as part of its strategy to diversify energy sources.
LEARN MOREPetroleum has become indispensable across numerous industries, yet its extensive use, extraction processes, and combustion have contributed significa...
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