Saudi Aramco, the world’s top oil firm and single biggest crude exporter, is in discussions to invest in two planned refineries in India, sources in India told Reuters on Thursday. State-owned Indian refiners plan to build several new crude processing plants to meet soaring fuel and petrochemicals demand in the world’s third-largest crude oil importer....Continue Reading

BP Approves Major Trinidad and Tobago Natural Gas Project | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 27, 2025, 10:30 AM CDT BP approved on Thursday the development of the Ginger natural gas project offshore Trinidad and Tobago, which will be one of the...Continue Reading

Trump Auto Tariffs Threaten Japanese Carmaker Profits | OilPrice.com ZeroHedge The leading economics blog online covering financial issues, geopolitics and trading. More Info Premium Content By ZeroHedge – Mar 27, 2025, 10:00 AM CDT New US tariffs on imported vehicles and auto parts are expected to severely impact Japanese automakers, with some companies facing potential...Continue Reading

CNOOC Profit Jumps by 11% on Record Oil and Gas Production | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 27, 2025, 9:30 AM CDT Chinese state-owned oil and gas giant CNOOC reported on Thursday an 11.4% rise in net profit for 2024, as record...Continue Reading

The U.S. Administration has left it to the oil companies and ethanol producers to reach an agreement on the next renewable fuel standard, sources with knowledge of the discussions told Reuters, as the Trump Administration looks to avoid creating further controversies between the Farm Belt and oil producers and refiners. The so-called Renewable Fuel Standard...Continue Reading

Uganda’s $5-Billion Oil Export Pipeline Secures Initial Funding | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Mar 27, 2025, 8:30 AM CDT The $5-billion East African Crude Oil Pipeline (EACOP),...Continue Reading

Clean Jet Fuel Production Lagging Behind 2030 Goals | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Mar 27, 2025, 7:20 AM CDT The ramp-up of Sustainable Aviation Fuel (SAF) has...Continue Reading

Political Struggles Threaten Nigeria’s Oil Production Recovery | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Mar 27, 2025, 6:15 AM CDT Just as Nigeria had started to increase its oil...Continue Reading

Coal Prices in China Could Fall Even Further | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 27, 2025, 5:00 AM CDT Oversupply is set to extend an already sizable decline in coal prices in China, which could boost demand, based on a Bloomberg report...Continue Reading

U.S. Files Lawsuit for the Forfeiture of $47 Million in Iranian Oil Proceeds | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Mar 27, 2025, 3:45 AM CDT The United States’ Department of Justice has filed a civil lawsuit at a district court in D.C. for...Continue Reading