The Latest

Crude Oil

China Quietly Increases Purchases of Low-priced Russian Oil

In the wake of western buyers avoiding Russian oil, China is quietly continuing to purchase Russian oil at low prices, contradictory to its actions a month ago when it cut back on purchasing Russian supplies.

May 20, 2022

Markets

US Energy Secretary Does Not Rule Out Secondary Sanctions on Buyers of Russian Oil

When asked whether the administration should impose secondary sanctions U.S. Energy Secretary Jennifer Granholm said: "I know that that's certainly not off the table."

May 20, 2022

Markets

Energy Source: US Faces Summer Fuel Price Surge

$6-a-gallon petrol is coming, JPMorgan says.

May 20, 2022

Crude Oil

US Imports of Latin American Oil Soar as Refiners Replace Russian Barrels

Imports of fuel oil from Latin America averaged some 200,000 bpd in March and April, which is 49% higher than in the previous 12 months.

May 19, 2022

Emissions

Denbury to Participate in Planned Clean Ammonia Project in Geismar, Louisiana

Denbury Carbon Solutions will transport and store CO2 captured from Canadian fertilizer company Nutrien Ltd.'s Geismar, La.-based clean ammonia project under a new term-sheet agreement.

May 19, 2022

Markets

Russia to Send Oil Rejected by Europe to Asia, Says Novak

The European Commission unveiled a plan for Europe to end its reliance on Russian fossil fuels by 2027.

May 19, 2022
Sponsored Content

IndustryVoice: API’s Process Safety Site Assessment Program Brings Good Practices to Refinery and Petrochemical Facilities

API collaborated with American Fuel & Petrochemical Manufacturers to develop the Process Safety Site Assessment Program which helps operators improve safety performance.

May 18, 2022

Emissions

More Drilling Will Fuel Long Term Sustainability Goals, Rystad’s Shale Expert Says

In an exclusive video interview, Alisa Lukash, vice president of shale research at Rystad Energy, discussed how the current environment will impact short- and long-term sustainability strategies of U.S. shale companies.

May 18, 2022

Emissions

Australia's Gas Producers Eye Profits from Carbon Capture

Operators are looking to the technology as an opportunity to not just offset their own emissions, but to make money.

May 18, 2022

Natural Gas

EU Unveils 210 Billion Euro Plan to Ditch Russian Fossil Fuels

Russia's invasion of Ukraine has prompted the European Union to rethink its energy policies amid sharpened concerns of supply shocks.

May 18, 2022