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China's Crude Imports Surged 25% in July

Aug 07, 2020

China's crude imports surged 25% in July from a year earlier, as massive purchases made while prices collapsed in April arrived and as some shipments delayed at ports in June finally cleared customs.China, the world's top crude oil importer, brought in 51.29 million tonnes of oil last month, equal to 12.08 million barrels per day (bpd), data from the General Administration of Customs showed on Friday…

Indian Gas Tankers Prepare to Sail Through Strait of Hormuz

Mar 20, 2026

Two Indian-flagged liquefied petroleum gas tankers are preparing to sail through the Strait of Hormuz in coming days after a pause in voyages, with no crude oil tankers having transited the waterway in the past 24 hours, according to shipping data and sources…

Taiwan's CPC says it has Australian Approval for Dorado Project

Aug 16, 2023

Taiwan's state-owned energy company CPC said Wednesday it had received Australian government approval to acquire four subbasin permits in oilfields off Western Australia from Carnarvon Energy.CPC's subsidiary OPIC Australia Pty Ltd reached the deal with Carnarvon in February…

Saudi Arabia Cuts May Crude Prices to Asia by $4.2 Per Barrel

Apr 13, 2020

Saudi Arabia's state oil giant Aramco has set the May price for its Arab light crude oil to Asia at a discount of $7.3 to the Oman/Dubai average, down $4.2 a barrel from April, according to a document seen by Reuters on Monday.It has cut the…

Current News

ADNOC Drilling Posts Record First-Quarter Results with 5% Revenue Rise

ADNOC Drilling Posts Record First-Quarter Results with 5% Revenue Rise

Oil Jumps 4% After Trump Rejects Iran’s Peace Response

Oil Jumps 4% After Trump Rejects Iran’s Peace Response

Lloyd’s Register Approves Wison’s Internal Turret FPSO Concept

Lloyd’s Register Approves Wison’s Internal Turret FPSO Concept

Gulf Marine Services Profit Plunges After Gulf Vessel Evacuations

Gulf Marine Services Profit Plunges After Gulf Vessel Evacuations

Eni Advances Giant Indonesia Gas Discovery after ‘Exceptional’ Well Test

Eni Advances Giant Indonesia Gas Discovery after ‘Exceptional’ Well Test

IEA: Middle East Conflict Reshaping Medium-Term Gas Outlook

IEA: Middle East Conflict Reshaping Medium-Term Gas Outlook

ADNOC Drilling Finalizes MB Petroleum JV, Expands Regional Fleet

ADNOC Drilling Finalizes MB Petroleum JV, Expands Regional Fleet

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Britain delays on debt relief for energy, with consumer debts expected to reach $9.5 billion in the next year
INDIA BONDS - Oil-led inflation fears are sapping demand for Indian bonds
McEwen Copper hires financial firm to manage $2.4 billion loan for Argentina copper projects
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