Crude oil
UAE to up value of U.S. energy investments to $440 B by 2035
The United Arab Emirates plans to raise its energy investments in the United States to $440 B in the next decade, it said on Friday, boosting U.S. President Donald Trump's efforts to secure major business deals on a Gulf tour.
With U.S. trade war, China now top buyer for Canadian crude on Trans Mountain pipeline
China has emerged as the top customer for Canadian oil shipped on the expanded Trans Mountain pipeline, ship tracking data showed, as a U.S. trade war has shifted crude flows in the year since the pipeline started operating.
Asia's refined fuel imports drop, but margins still hold
Asia's imports of key refined fuels such as gasoline and diesel fell to the lowest in four years in April, driven by a combination of refinery maintenance and weaker demand in the top-importing region.
Japan's oil refiners scale back decarbonization efforts, refocus on fossil fuels
Japanese oil companies are scaling back decarbonization initiatives, including hydrogen and ammonia projects, amid a global shift towards more stable and cost-effective fossil fuels.
U.S. and Europe drive global power emissions higher so far in 2025
The world's largest power polluter, China, made its biggest cut to power emissions since 2020 so far this year, but global power emissions have still held largely flat due to higher fossil fuel power generation in the United States and Europe.
EIA: U.S. crude stocks rise with bigger imports, fuel inventories fall
U.S. crude stocks rose as the nation imported more oil, while gasoline and distillate inventories fell last week ahead of summer driving season.
U.S. imposes sanctions on companies it says sent Iranian oil to China
The U.S. Treasury Department on Tuesday imposed sanctions on more than 20 companies in a network that it said has long sent Iranian oil to China, days after negotiators from Iran and the United States concluded a fourth round of nuclear talks.
LanzaJet and BioD announce feasibility study for SAF plant in Colombia
LanzaJet and BioD announced the launch of a feasibility study to develop the first sustainable aviation fuel (SAF) production plant in Colombia, setting a milestone as one of the pioneering SAF production initiatives in the Latin American region.
Mexico's Pemex plans to export less crude oil as new refinery starts up
The trading arm of Mexico's state company Pemex, PMI, is anticipating a reduction in crude oil exports this year as more will be sent to local refineries, especially the new Olmeca refinery.
Ionikylation unit at PetroChina's Dagang refinery reaches 1,000 days of continuous operation
PetroChina Dagang Petrochemical Company has reached the milestone of 1,000 continuous days of operation for its 150,000-tpy Ionikylation unit.
- Chiyoda, AVEVA forge strategic partnership to power plantOS with AVEVA CONNECT 6/27
- SABIC announces closure of Olefins 6 facility in Teesside, UK 6/27
- LyondellBasell's polyolefin technologies selected by SHCCIG Yulin for petrochemicals complex in China 6/27
- Damaged unit of Iran's South Pars refinery back operating 6/27
- hte conducts research for JGC to advance decarbonization by identifying suitable catalysts for ammonia cracking 6/26
- TES and CPC Finland to develop 500-MW e-NG project in Finland 6/26
