A fuel storage terminal in Robeston West, Milford Haven, UK, used for storing and distributing petroleum products, will stop commercial operations at the end of 2026 after failing to sign a new ...

Bharat Petroleum Corporation Limited (BPCL), India’s second-largest state-controlled oil refiner, is set to issue a $3 billion bond to finance its share of the SEAP-I oil development project in Brazil ...

South Korea’s crude oil imports from Saudi Arabia have fallen below 30% for the first time since 2021, now accounting for 29.9% of total imports amid ongoing Middle East tensions. This shift has ...

On 30 September 2026, Hoegh Evi and Petroleum Sarawak Berhad (PETROS) signed a Joint Development Agreement to jointly develop, own and operate the proposed Kuching LNG Terminal in Sarawak, Malaysia.

LNG traffic through the Strait of Hormuz is experiencing a slight increase, with at least three carriers transiting since late last week, according to tanker-traffic data. However, flows remain over ...

Technip Energies has been awarded licensing, Process Design Package (PDP) and FEED contracts by Petkim, a SOCAR subsidiary, for a proposed integrated petrochemical complex in Aliaga, Turkiye. The ...

FTAI Energy Partners LLC, a subsidiary of FTAI Infrastructure, has agreed to acquire the Port Arthur Terminal in Texas and a 50% interest in the Diluent Recovery Unit in Hardisty, Alberta, from USD ...

Suncor Energy has agreed to sell its stakes in three offshore Newfoundland and Labrador assets—48% in Terra Nova, 40% in White Rose and 38.6% in West White Rose—to Ithaca Energy for C$1.2 billion ...

According to Reuters, China’s suspension this month of oil-product exports beyond Hong Kong and Macau is set to tighten supplies for major buyers including Singapore, Malaysia and Australia, the world ...