Charles is a writer for Oilprice.com
Venezuela has restarted gasoline production at two refineries, President Nicolas Maduro said in a tweet, adding that he had approved a gasoline supply regularization plan…
Reliance Industries, owner of India’s biggest refinery, has started buying Canadian heavy crude to replace Venezuelan imports on fears that the U.S. could take sanction…
The largest U.S. oil refiner, Marathon Petroleum, has started a process to lay off hundreds of employees at various refineries across the United States after…
The world’s third-biggest oil importer, India, is considering using storage facilities in the United States and other commercially viable locations to reduce its supply risks,…
The chief of the Environmental Protection Agency has questioned “the legality and practicality” of an executive order issued earlier this week by California Governor Gavin…
Iran has received gold from Venezuela for the fuel cargoes Tehran had sent to the Latin American country, a commander at Iran’s Islamic Revolutionary Guard…
The cargoes of Iranian gasoline that the United States seized more than a month ago continue to idle off the U.S. Gulf Coast amid a…
The value of Russia's crude oil reserves dropped by 17 percent, or by US$164 billion (12.7 trillion Russian rubles), in 2019 compared to 2018, Russia's…
California’s Governor, Gavin Newsom, signed an executive order to ban the sales of new passenger vehicles with internal combustion engines from 2035 in the state’s…
The OPEC+ production cuts and curtailments in the United States are set to help global inventories to continue drawing down for the rest of the…
After Iran delivered condensate to Venezuela via an Iran-flagged tanker, the same tanker is now loading Venezuelan crude oil at a terminal in the Latin…
Australia, the world’s top coal exporter, plans to invest over US$13 billion (18 billion Australian dollars) in low emission technologies through 2030, as it aims…
The United States is building a coalition aimed at preventing the completion of the Nord Stream 2 pipeline that will substantially increase the flow of…
Hardisty, Alberta – the major oil hub in Canada that serves as the basis for the Canadian oil benchmark – doesn’t have a school anymore,…
China National Offshore Oil Corporation (CNOOC) said on Sunday it had started oil production from the Liuhua 16-2 oilfield cluster in the Eastern South China…
China’s imports of crude oil have been trending much lower in September than in the past four months, while the rest of Asia is also…
New rules proposed in the UK could see electricity distributors switching off electric vehicle (EV) chargers at home connected to the smart meter system to…
U.S. Secretary of State Mike Pompeo carried out a promotional campaign for U.S. private companies in Suriname and Guyana, two small but newly famous for…
A total of 79 percent of UK drivers would consider buying an electric vehicle (EV) or have already purchased one, but 70 percent would prefer…
Despite oil production curtailments earlier this year that are not fully back online, the United States maintained its global status as the leading supplier of…