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The country subsidises its biodiesel programme using proceeds from palm oil export levies The timing of Indonesia’s launch of its B50 biodiesel mandate, which blends 50 per cent palm…
Helping jumpstart a decrepit oil sector is one thing; brazenly expropriating its resources is another. Source link
Oil prices edged higher on Monday (Jan 12) as escalating protests in Iran sparked concerns about supplies from the Opec producer, while efforts to resume oil exports from Venezuela and…
Expect the Trump administration to act to protect U.S. oil producers from downward price pressures, instead of letting the free market work. Source link
Chevron could grow its cash flow by as much as US$700 million a year from increasing oil production in Venezuela as the Trump administration seeks to control the South American country’s…
Low prices are viewed warily within the oil industry, which the US president is counting on to keep pumping crude Major US oil executives expressed caution about US President Donald…
Traders have been notifying US refiners to gauge interest for the oil, with sales expected to kick off on Monday Commodities trader Trafigura Group is getting ready to load its first ship…
President Donald Trump on Friday called on oil executives to rush back into Venezuela as the White House tries to quickly secure $100 billion in investments to fix the country's neglected…
The Organization of the Petroleum Exporting Countries pumped 28.4 million barrels per day last month Oil prices rose 2 per cent on Friday (Jan 9) on growing supply worries linked to…
U.S. oil companies are prepared to invest $100 billion to rebuild the oil infrastructure in Venezuela, President Trump announced Friday during a roundtable meeting with U.S. oil…
As much as 30 million barrels of Venezuelan oil is on its way to the United States, according to President Trump, which would be the equivalent of one month's worth of Venezuelan…
The following companies saw new developments that may affect trading of their securities on Friday (Jan 9): China Aviation Oil (CAO): Its parent China National Aviation Fuel (CNAF) will…
State administrators have given the nod for the merger following deliberation, says CAO The parent company of China Aviation Oil (CAO) will merge with Chinese state-owned oil and gas…
US OIL companies want “serious guarantees” from Washington before they make large investments in Venezuela, as President Donald Trump urges them to back his bid to reshape energy markets,…
US OIL major ExxonMobil said on Wednesday that lower crude oil prices could cut its fourth-quarter upstream earnings by about US$800 million to US$1.2 billion. Oil prices declined 9.2 per…
March 12, 2025: Greenland’s parliamentary elections result in a massive win for the pro-independence movement. The center-right Demokraatit Party, which supports a local business-driven…
Analysts say the Venezuela drama hits ‘teapots’ the hardest, and do not foresee them bidding up for unsanctioned barrels Chinese independent refiners are expected to switch to heavy crude…
March 12, 2025: Greenland’s parliamentary elections result in a massive win for the pro-independence movement. The center-right Demokraatit Party, which supports a local business-driven…
The United States is attempting to seize a Russian-flagged oil tanker with links to Venezuela after a more than two-week-long pursuit across the Atlantic and as a Russian submarine and…
It appears to be the first time in recent memory that the US military seizes a Russian-flagged vessel The US seized a Russian-flagged oil tanker that was being shadowed by a Russian…
Oil prices fell on Wednesday (Jan 7) after President Donald Trump said the United States had reached a deal to import up to US$2 billion worth of Venezuelan crude, a move that is expected…
How to escape the resource curse? Source link
Beijing seeks food security in the face of economic challenges and pressures from urbanisation China must stabilise grain and edible oil production, improve grain varieties and enhance…
Strong Chinese waterborne crude imports are also helping tighten oil markets, said UBS analyst Giovanni Staunovo Oil prices settled more than US$1 a barrel higher on Monday (Dec 29) as…
