US refiners, awash in diesel inventory, unlikely to boost output soon Refiners cannot produce gasoline without making other products like diesel, commonly known as distillates. The coronavirus pandemic slashed demand […]
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Saudi Arabia’s SABIC issues $1 billion in two-part bonds
Saudi Arabia’s SABIC issues $1 billion in two-part bonds SABIC sold $500 million of 10-year bonds and $500 million of 30-year Formosa bonds, a document issued by one of the […]
Nigeria ‘no longer in the business of fixing’ fuel prices, oil minister says
Nigeria ‘no longer in the business of fixing’ fuel prices, oil minister says Africa’s largest oil producer had been spending 1 trillion naira ($2.63 billion) a year subsidising petrol prices […]
The case for the private import of LNG
The case for the private import of LNG Pakistan’s natural gas demand-supply gap, currently at 1,440 MMCFD, is projected to rise to 3,684 MMCFD by 2024-25 and 5,389 MMCFD by […]
UAE Deal Boosts Israeli Oil Pipeline Secretly Built With Iran
UAE Deal Boosts Israeli Oil Pipeline Secretly Built With Iran The Jewish state is about to play a much bigger role in the region’s energy trade and petroleum politics. A […]