Crude oil
Venezuela fails to curb oil leaks, gas flaring despite pledges
Venezuelan state oil company PDVSA has failed to make any dent in its oil spill or gas flaring woes, despite nascent promises of environmental clean-up by President Nicolas Maduro's government, according to people within the company.
Summer Midwest distillate inventories rise amid high production and transit constraints
Midwest distillate inventories increased rapidly in June and early July due to increased regional refinery production and limitations on moving distillate and other products outside the region.
Lawmakers urge Biden to resolve offloading delay of seized Iran oil tanker
U.S. lawmakers from both political parties have urged President Joe Biden and members of his administration to resolve a months-long delay in the transfer of a cargo of oil from a seized Iranian tanker off Texas.
No spill after Siberia oil field blasts -environment watchdog
Two explosions at an oilfield in western Siberia that killed two people did not lead to an oil spill, the head of Russia's environment watchdog Rosprirodnadzor said, adding that tests would show if the environment was harmed.
Oil dips further as China worries counter supply cuts
Oil prices dipped as concerns about China's faltering economic recovery and a stronger dollar took the momentum out of seven weeks of gains on tight supply.
UN completes removal of oil from decaying tanker off Yemen
The United Nations said it had completed the removal of more than 1 million barrels of oil from a decaying supertanker off Yemen's Red Sea coast, averting a potential environmental disaster.
Guyana oil legislation will grant broad powers to energy minister
Guyana’s parliament passed long-awaited oil legislation that grants the natural resources minister extensive power over its multi-billion-dollar oil industry.
Saudi Aramco to supply full oil volumes to Asia in September
Saudi Aramco has informed customers in North Asia that they will receive the full volumes of crude oil they requested for September, multiple sources said, even as the unilateral voluntary output cut by the kingdom has been extended.
IEA lowers forecast for oil demand growth in 2024
The International Energy Agency said demand growth for oil next year will be slower than previously forecast, citing lackluster macroeconomic conditions, post-pandemic recovery running out of steam and burgeoning use of electric vehicles.
Panama-flagged tanker catches fire near Iranian shores
A Panama-flagged tanker called White Pearl has caught fire near the shores of Iran's Asaluyeh in the southern province of Bushehr, Iran's state TV reported.
- Pakistan-China to sign MoU on oil-to-chemicals complex in June 5/17
- China biofuel makers bet on sustainable aviation fuel 5/17
- AMETEK Land provides thermal imagers to large ethylene producer 5/17
- China's refinery output falls for first time in 20 mos due to maintenance 5/17
- Dow, SCG Chemicals sign MoU to transform 200,000 tpy of plastic waste into circular products 5/17
- Ukraine long-range attacks continue to disrupt Russian refining, energy operations 5/17
