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Japan May Stockpile US Oil Domestically, PM Says
8+ hour, 49+ min ago (434+ words) Japan may start stockpiling U. S. oil domestically, Prime Minister Sanae Takaichi said during her visit to the United States, as it looks to diversify procurement and strengthen energy security. Before Japan tapped its strategic oil stocks this week in a record…...
United Ends Pursuit of American Airlines After Merger Approach Rebuffed
23+ hour, 10+ min ago (379+ words) By Shivansh Tiwary and David Shepardson WASHINGTON, April 27 (Reuters) " United Airlines (UAL. O) "said on Monday it had ended its pursuit of a merger with American Airlines (AAL. O) after the rival carrier declined to engage following an initial approach. "I was…...
Shell's ARC Deal Seen as Win for Mark Carney's Pro-Oil Pivot
10+ hour, 5+ min ago (442+ words) By Robert Tuttle and Mitchell Ferman Shell PLC. s acquisition of Canadas ARC Resources Ltd. marks a vote of confidence in Prime Minister Mark Carneys push to expand the nations hydrocarbon exports beyond the traditional United States market, analysts say....
Iran's Main Oil and Gas Production and Infrastructure
17+ hour, 24+ min ago (530+ words) (Reuters) " Iran's energy industry in South Pars and Asaluyeh came under attack on Wednesday, Iran's semi-official Tasnim news agency reported. Iran's Revolutionary Guards responded with evacuation warnings for several oil facilities across Saudi Arabia, UAE, and Qatar. The escalation is…...
ANALYST REACTIONS: UAE to Leave OPEC and OPEC+ Oil Producer Groups
15+ hour, 49+ min ago (290+ words) LONDON, April 28 " The United Arab Emirates said on Tuesday it was quitting OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused…...
Oil Prices Extend Gains on Concern Over Potential US-Iran Conflict
3+ day, 23+ hour ago (417+ words) (Reuters) " Oil prices rose on Thursday, driven by increasing concerns over potential military conflict between the United States and Iran as both countries stepped up'military activity'in the oil-producing region. Brent futures were up $1. 09, or 1. 55%, at $71. 44 a barrel by 1247 GMT while…...
Oil Prices Rise 3% as Iran War Stand-off Persists
17+ hour, 35+ min ago (452+ words) (Reuters) " Oil prices "rose 3% on Tuesday, extending the previous session's gains, as efforts to end the U. S. -Iran war "appeared to have stalled, with the crucial Strait of Hormuz waterway still mainly shut, starving markets of key Middle East energy supply....
US Refiners' First-Quarter Profits Expected to Jump as War Lifts Fuel Margins
1+ day, 15+ hour ago (627+ words) (Reuters) " Top U. S. independent refiners are expected to report stronger first-quarter results than a year ago, helped by supply disruptions tied to the war in "the Middle East'that drove fuel margins to multi-year highs. Shares of major U. S. refiners such as Valero…...
Ranked: Who Uses the World's Coal? - Visual Capitalist
1+ day, 9+ hour ago (204+ words) Coal consumption is more concentrated than any other major fuel globally. This chart ranks the world's largest coal consumers using data from the'Statistical Review of World Energy 2025, highlighting how demand is distributed across major economies. China consumes'4, 780 million tonnes'of coal…...
Goldman Sachs Raises Oil Price Forecasts on Tight Supply
1+ day, 22+ hour ago (173+ words) Print "ERTC: Ask The Experts isn't just a conference'it's a unique, interactive environment where'your refinery's most pressing technical questions'get answered. Learn directly from leading refiners and technology providers'solving real-world challenges. Get actionable solutions'to optimise operations, enhance yields, and reduce costs....