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Oil&Gas
Ankara, Baku accused of ‘complicity in genocide’ for supplying 40 pct of
Pro-Palestine activists stormed the İstanbul office of Azerbaijani energy company SOCAR on Friday, accusing the state-owned firm as well as the Turkish government of “fueling…
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Oil Update – May 2024
ugurhan My expectation for West Texas Intermediate (WTI) oil prices for June is unchanged from May. That is, WTI should range from $75 to $95 per barrel. A narrower range is…
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W. Africa Crude-India’s HPCL secures two oil cargoes
W. Africa Crude-India's HPCL secures two oil cargoesLONDON, May 31 (Reuters) -There are several buy tenders open this week, with companies including Uruguay's ANCAP, Indonesia's…
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Growing Shadow Fleet of Tankers, Shipping Sanctioned Oil, Are Burning Dirty Fuel
The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel available, hindering industry…
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India’s Largest Refinery Inks Russian Oil Deal
India's private refiner Reliance Industries has signed a one-year agreement with Russia's top oil producer Rosneft to buy at least two cargoes of Urals crude in Russian…
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JP Morgan Analysts Look at Worldwide Oil Demand in May
In a research note sent to Rigzone late Friday, analysts at J.P. Morgan said their high-frequency demand indicators estimate that worldwide oil consumption averaged 103.4…
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Could old oil wells threaten new carbon storage wells? – 10/12 Industry Report
(iStock)
After more than a century of oil and gas companies pumping carbon out of Louisiana, officials have ambitious plans to essentially do the…
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bne IntelliNews – Romanian fuel distribution company JP Grup Oil to launch
Romanian fuel distribution firm JP Grup Oil, controlled…
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Olive oil accounts for half of all food sector inflation, study shows
The persistent profit margins of businesses, also dubbed “greedflation,” and the strong demand for services, thanks to tourism, as well as the increase in Greeks’ income, are…
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Fines Continue For Oil Giants Over Director Appointments
State-owned oil and gas giants including IndianOil, ONGC and GAIL (India) Ltd. have been slapped with fines for the fourth…
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