Shipping to miss net-zero targets despite groundbreaking deal, say critics
Campaigners say the plans will need to be strengthened if they are to meet the ambitions of the global shipping…
BPCL awards 4-mth US oil import tender to Glencore, say sources
India’s state run Bharat Petroleum Corp BPCL has awarded a 4-month tender to import one million barrels of U.S. crude…
Crude oil’s demand woes shown by softer Q1 Asia imports
Crude oil prices are tumbling in the wake of U.S. President Donald Trump’s upending of global trade. But the shock…
Yoon impeachment to buoy South Korea currency, crude import economics
The impeachment of former South Korean President Yoon Suk-yeol could put the brakes on the won’s sharp downtrend as foreign…
Trump says EU will have to buy energy from US
U.S. President Donald Trump said on Monday said selling energy to the European Union would be a key focus as…
UAE supplies Japan with 38.4% of oil imports in February
Japan’s oil imports from the UAE amounted to 25.8 million barrels, representing 38.4%. of total imports in February 2025, according…
Indonesia to adjust crude palm oil export tax, finance minister says
Indonesia will adjust its crude palm oil export tax to reduce the burden on exporters from U.S. tariffs, Finance Minister…
China’s private refineries to import less Venezuelan crude in April amid sanctions
China’s independent refineries are expected to sharply reduce Venezuelan crude oil imports in April as US secondary sanctions take effect,…
India net importer of finished steel in 2024/25, data shows
India was a net importer of finished steel during the financial year that ended in March, provisional government data reviewed…
Caspian Pipeline Consortium operating at two of three Black Sea oil loading points
The Caspian Pipeline Consortium is operating at two of the three moorings at its Black Sea export terminal after a…