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PetroChina, Sinopec and CNOOC logos Beijing — China has issued 15 million metric tons of oil products export quotas to companies in its third batch for 2023, according to three trading sources and two domestic […]

*Crude oil storage tanks at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS.Drone Base London — U.S. crude oil production increased again in June and is nearing the record high set […]

Jakarta — Indonesian state energy company Pertamina plans in 2024 to mix more of its gasoline products with ethanol in a bid to offer alternative fuels to the public, its chief executive said on Monday. […]

Brent crude futures for October rose 21 cents to $85.70 a barrel by 1108 a.m. EDT (1508 GMT). The October contract expires on Thursday and the more active November contract was at $85.13, up 22 […]

*PetroChina’s Jinzhou refinery Beijing — State-owned energy giant PetroChina (601857.SS), reported a record-high net profit for the first half of the year, driven by increased oil and gas output and resurgent refined fuel sales. Net […]

…Says those against Tomplolo’s pipeline contact are oil thieves Mkpoikana Udoma  Port Harcourt — The Niger Delta Indigenous Movement For Radical Change has charged the National Security Adviser, Mr Nuhu Ribadu, to reveal the names of […]

*The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren Acquire Licensing Rights. – Interim earnings […]