Oil and Petrochemicals
Major Oil-Producing Countries Agree to Maintain Production in November
Seven major oil-producing countries have agreed to maintain their production levels in November. This decision comes as...
Oil and Petrochemicals
Oil and Petrochemicals
G7 to Release 100 Million Barrels of Oil and Petroleum Products
The G7 announced that it will release 100 million barrels of oil and petroleum products in the coming months. This actio...
Oil and Petrochemicals
G7 Calls for Immediate Release of 100 Million Barrels of Oil
Member countries of the G7 have requested the release of 100 million barrels of crude oil from strategic reserves follow...
Oil and Petrochemicals
Trump Will Not Ban Diesel Exports
The Trump administration announced that diesel exports outside the United States will not be banned. This decision was m...
Oil and Petrochemicals
Europe Releases Its Diesel Reserves at Trump's Request
The European government will immediately release its diesel reserves at the request of Donald Trump, the President of th...
Oil and Petrochemicals
G7 Decides to Release 100 Million Barrels of Oil
The G7 countries have decided to release 100 million barrels of oil over the next four months. This action was taken aft...
Oil and Petrochemicals
Greg Stanton Calls on European Countries to Release Diesel Reserves
Greg Stanton, the U.S. Secretary of Energy, has urged European countries to release their diesel reserves to lower fuel...
Oil and Petrochemicals
U.S. Energy Secretary Asks Europe to Release One-Third of Its Diesel Reserves
The U.S. Energy Secretary has asked European countries to release a large portion of their strategic diesel reserves to...
Oil and Petrochemicals
Trump Puts Senator Dan Sullivan in the Spotlight of the Alaska Pipeline Project
The Trump administration brought Senator Dan Sullivan into the spotlight by announcing a $54 billion investment in a nat...
Oil and Petrochemicals
African Heads of State Unveil Dangote's $16 Billion Oil Refinery in Kenya
African heads of state announced the start of construction of a $16 billion oil refinery on the shores of Kenya at a cer...
Oil and Petrochemicals
Black Sea Petroleum Company Transfers Libyan Oil to Kulevi Refinery
Black Sea Petroleum Company is turning the Kulevi refinery into a significant supplier for European markets by receiving...
Oil and Petrochemicals
The Trump Administration Sees Low Likelihood of Diesel Export Ban
European officials are optimistic about the low likelihood of a diesel export ban to Europe by the Trump administration....