The Rhine barge freight market began the week at a standstill, with no deals on Monday. A small wave of water in the forecast then brought some charterers back. As a result, rates fell on Wednesday ...

The ARA barge freight market firmed on most days this week. Middle distillates and light ends took turns driving it. Both segments rose on Monday. Middle distillates then led on Wednesday, light ends ...

The International Energy Agency (IEA) will expedite the release of over 20 million barrels of diesel and accelerate its emergency oil draw, aiming to exceed the 400 million barrels pledged in March.

Covestro NV has announced plans to reorganise polycarbonate production at its Antwerp site in Belgium to strengthen its long-term competitiveness. The proposed changes would consolidate production ...

Venture Global, Inc. has entered into power and grid framework agreements with GE Vernova and Baker Hughes Energy Services for up to 16 additional 720-megawatt (MW) power island units and associated ...

Sunda Energy Plc has advanced its application for a new offshore exploration permit in New Zealand’s Taranaki Basin to the exclusive phase, marking a further step in the company’s plans to evaluate ...

Shell has agreed to sell its entire interest in Shell Nigeria Gas Group to Nigerian energy company Vaaris Energy as part of its strategy to simplify its portfolio and focus on deepwater and integrated ...

Crude oil inventories in the U.S. dropped significantly by 11.12 million barrels for the week ending October 9, as reported by the American Petroleum Institute (API). This follows a prior decrease of ...

Topsoe has signed a licensing agreement with Bharat Petroleum Corporation Ltd (BPCL) to enable sustainable aviation fuel (SAF) production at its Mumbai Refinery. BPCL is revamping its existing ...

The International Energy Agency (IEA) warned that global diesel markets could remain tight into 2027 as conflicts disrupt supplies from the Middle East and Russia. Combined diesel export losses ...

TotalEnergies forecasts a third-quarter hydrocarbon production of 2.45 to 2.50 million barrels of oil equivalent per day, marking over 4% growth year-over-year, surpassing its annual guidance of 3%.

Saudi Aramco’s Huajin Aramco Petrochemical Company (HAPCO) joint venture in Panjin, northeast China, has received its first cargo of Saudi crude ahead of start-up. The refinery has a processing ...