World leaders are being urged to urgently redirect the trillions currently invested in fossil fuels to protect human health and ensure survival amid the severe impacts of climate change, according…
Fuel Oil
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Saudi Arabia’s oil giant, Aramco, has officially launched its first branded retail gas station in Lahore, Pakistan, marking a significant step following its acquisition of a 40 percent stake in…
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A shipment of 400,000 barrels of crude oil has left Mexico bound for Cuba, which is currently grappling with severe fuel shortages and frequent blackouts. The cargo departed on Monday…
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Prices for major petroleum products, including petrol and high-speed diesel (HSD), are anticipated to decrease by Rs2 to Rs3 per litre starting November 1, 2024, following a slight reduction in…
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Argentina’s Vaca Muerta shale basin, long heralded as a potential energy game-changer, is seeing a revival thanks to recent political shifts and market reforms. Touted as the world’s second-largest shale…
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During a speech on Thursday at the Commonwealth Heads of Government Meeting (CHOGM), Tuvalu’s Prime Minister Feleti Teo delivered a stark warning regarding fossil fuel expansion, declaring it a “death…
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The topic of peak oil has garnered significant attention recently, focusing primarily on the timing of peak demand—whether it will occur before 2030 or later. However, discussions also extend to…
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In recent years, global efforts to reduce carbon emissions and promote sustainability have brought biofuels into the spotlight. Among these biofuels are E5 and E10, which are increasingly common at…
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The Port of Corpus Christi has ascended to become the world’s third-largest crude oil export terminal, as soaring U.S. oil exports boost shipping activity across the U.S. Gulf Coast. Ports…
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This week, crude oil prices experienced sharp declines driven by a combination of factors that negatively impacted market sentiment. Key concerns include weak demand from China and easing supply risks…