Oil prices steadied on Monday after a choppy session as the spread of the COVID-19 Delta variant stoked fears about fuel demand, but losses were limited by forecasts that crude Continue Reading
Portfolio managers sold petroleum last week at one of the fastest rates for a decade, after an upsurge in coronavirus cases and an OPEC+ agreement to boost output caused them Continue Reading
Heatwaves in the U.S. and floods in western Europe have dominated the news cycle recently, forcing us to re-examine the relationship between climate change and extreme weather. Other catastrophes are Continue Reading
A UAE oil transport deal is now on hold due to environmental concerns from Israel’s environmental protection ministry following pressure from activists. The agreement between the UAE and Israel expects Continue Reading
It is not in Iraq’s best interest to adopt renewable energy at the expense of fossil fuels, energy and oil expert Hamza al-Jawaheri told local Shafaq News Agency in an Continue Reading
Chinese firms are set to build an airport and 90,000 houses in Iraq as part of a 2019 agreement for crude supply in exchange for projects, an Iraqi official was Continue Reading
Within seconds, the scenic mountain valley resembled a war zone.“Guys, we have to run!” said a man filming the devastation unfolding in his hillside town in northern India on Sunday, Continue Reading
While the COVID-19 pandemic and 2020’s oil price collapse hit Argentina’s hydrocarbon sector hard, leading to some analysts to claim that it may never fully recover , there is evidence Continue Reading
An independent Chinese refiner may have avoided paying some $2 billion in taxes by falsifying the kind of fuels it sells, Bloomberg has reported , citing a report in a Continue Reading
Highlights State-owned refiners’ utilization rate at 82% in July China expected to cut July oil products shipments H2 product export quotas to cap refiners’ Aug run rates China’s crude throughput Continue Reading
