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India’s move to expand oil ties with Guyana reflects diversification push

31/01/2024

India is aiming to strengthen its oil ties with Guyana, both in the upstream and downstream segments — a move

Greece hit record high green energy output last year

31/01/2024

Greece hit a record high in wind, solar and hydroelectric energy output last year, its power grid operator IPTO said

Europe Gas: Prices ease on full storage, mild spell

31/01/2024

Dutch and British wholesale gas prices traded lower on Tuesday morning, weighed down by mild weather and full storages that

Oil prices climb on geopolitical tensions, positive economic data

31/01/2024

Oil prices rose on Tuesday as a higher global economic growth forecast and escalating tensions in the Middle East offset

Aramco’s return to lower capacity target not related to technical issues – source

31/01/2024

Saudi oil giant Aramco’s reduction of its maximum sustainable capacity has nothing to do with technical issues advancing the programme

Asia Naphtha/Gasoline-Gasoline margin gains, naphtha eases

31/01/2024

Asia’s gasoline refining profit margin extended gains on Tuesday on prospects of firm demand from key consumer India.

The crack rose

Shanghai to promote yuan deals on oil and gas exchange

31/01/2024

Shanghai, China’s financial hub, wants to increase the number of yuan-denominated deals on its energy exchange, the municipal government said,

W. Africa Crude-IOC buys Nigerian and Angolan in latest tender

31/01/2024

India’s IOC has bought West African crude as part of its latest tender, a trader said on Tuesday, while demand

Energy markets are better supplied

31/01/2024

Oil to edge higher but gains to be modest

The bullish outlook for the oil market has softened in recent months, given stronger-than-expected supply growth from non-OPEC producers in 2023. This was predominantly driven by the US. However, growth was also

Euro zone economy lags global growth as Germany struggles

31/01/2024

The euro zone’s economy stagnated last year, underperforming the rest of the world as former powerhouse Germany struggled with an

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