Oil and Petrochemicals
The U.S. House of Representatives Approves Oil and Gas Licensing Bill
The U.S. House of Representatives has passed a bill that extends the federal oil and gas licensing program for another d...
Oil and Petrochemicals
Oil and Petrochemicals
China Halts Fuel Exports in October Due to Global Diesel Shortage
China has prioritized its domestic security by halting most refined fuel exports in October, exacerbating the global die...
Oil and Petrochemicals
Abbas Basafa Makes Emergency Fuel Cards Identifiable
Abbas Basafa announced the plan to identify emergency fuel cards at gas stations. This plan aims to reduce oversight and...
Oil and Petrochemicals
The United States' $50 Billion Plan for the Alaska LNG Project
The United States government has announced plans to attract over $50 billion in investments from South Korea for the Ala...
Oil and Petrochemicals
Increase in U.S. Crude Oil Reserves to 427.320 Million Barrels
U.S. commercial crude oil reserves reached 427.320 million barrels on September 25. This figure represents an increase o...
Oil and Petrochemicals
Crude Oil Exports from the Middle East Reach Highest Level Since the Start of the War with Iran
Crude oil exports from the Middle East reached 98% of pre-war levels in September, and the trend of increasing supply co...
Oil and Petrochemicals
Citizen Energy Brings Eight Wells Online in the Anadarko Basin
Citizen Energy Ventures has brought eight new wells into production in the Anadarko Basin located in Oklahoma and is adv...
Oil and Petrochemicals
Natural Gas Futures Show Signs of Strength
Natural gas futures faced challenges this week amid forecasts of mild weather. Lower production may leave the market vul...
Oil and Petrochemicals
Transcontinental Gas Pipe Line Increases Texas Natural Gas Capacity
Transcontinental Gas Pipe Line (Transco) will soon begin two natural gas capacity expansion projects in Texas. These pro...
Oil and Petrochemicals
Bureau of Land Management Offers 35,000 Acres of California Land for Oil and Gas Auction in December
The Bureau of Land Management announced that it has prepared 35,000 acres of California land for an oil and gas auction...
Oil and Petrochemicals
Delivery of LPG/Ammonia Dual-Fuel Vessel by Naglat
Qatar Gas Transport Company (Naglat) has received a dual-fuel LPG/Ammonia vessel named Energy North from South Korea. Th...
Oil and Petrochemicals
Reduction of Diesel and Jet Fuel Export Tax in India
India reduced the export tax on diesel and jet fuel starting October 1. The export tax on diesel was lowered to 16 rupee...