Oil

Singapore’s refinery margins, the Asian benchmark, crashed to US$2.94 per barrel this week. It dropped more than 70% since [...]

India is stepping up efforts to cut its reliance on energy imports and is targeting a more than seven-fold expansion of its [...]

Essar Oil Ltd., Iran’s biggest oil buyer in India, is getting ready to lower import purchases from the Persian Gulf nation [...]

Iran is currently working on a plan that guarantees long-term crude oil purchases by its European clients in a [...]

Concerns about oversupply and cheap competing fuels has pushed Malaysia’s state oil company to consider delaying a [...]

Jamaica has recently announced that it will be paying its oil debts to Venezuela with food, medication and fertilizers [...]

A new agreement to reopen the ports of RasLanuf, Zuwetina, Es Sidra and Bregain Libya has been signed by the country’s [...]

Essem Corporation has been chosen by Alfa Laval as equipment sales, parts and services agent for the oil and gas and marine [...]

A new deepwater exploration discovery in the Gulf of Mexico has been made by Shell. The Fort Sumter well’s recoverable [...]

An exclusive one-day event, organized by Lloyd’s Register, was held at the NITC in Tehran, Iran where 130 senior oil and [...]

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