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Energy

Energy

US crude stocks expected to see seasonal uptick, but strong refinery demand likely blunts build

portnews -
US crude oil inventories likely climbed during the week ended April 22, analysts surveyed by S&P Global Commodity Insights said April 25, but strong...
Energy

Oil prices paralyzed between Russia sanctions and China lockdowns

portnews -
Portfolio investors purchased petroleum last week for the first time in four weeks, but overall positioning remained subdued by the high cost of margin...
Companies

Valero profit surges as refining margin more than doubles

portnews -
U.S. refiner Valero Energy Corp’s quarterly earnings blew past Wall Street expectations on Tuesday, as margins strengthened thanks to rising demand for fuel and...
Energy

Banchero Costa Weekly Market Report, Week 16 2022

portnews -
In 2021, the European Union (27) was the third largest seaborne importer of LNG in the world, with a 15.8% share. It followed Mainland Source:...
Energy

Argus relaunches Ecuadorean crude price assessments

portnews -
Global energy and commodity price reporting agency Argus has introduced daily assessments for heavy sour Oriente and Napo crude grades from Ecuador. The prices...
Energy

Al-Zour refinery to be operational in few weeks: KIPIC

portnews -
Kuwait’s 615,000 b/d Al-Zour refinery is expected to be operational over the next few weeks, state run Kuwait News Agency reported April 25, citing...
Companies

Windward adds Russia sanctions compliance capability to AI platform

portnews -
Understand the impact of the Ukraine conflict from a cross-sector perspective with theGlobal Data Executive Briefing: Ukraine Conflict Predictive intelligence company Windward has introduced the...
Energy

Russia shifts its commodities attention to Asia

portnews -
Oil prices are increasing, and diesel becoming costlier, as Russia moves to cut off natural gas supplies to two neighbouring European countries, Poland and...
Energy

Biden-EU energy pact: LNG shipping game changer or wartime hype?

portnews -
The U.S. government doesn’t control where cargoes of LNG are shipped — that’s decided by private companies. Nonetheless, the Biden administration and the EU...
Energy

Filings buzz in oil and gas industry: 47% decrease in digitalisation mentions in Q4 of 2021

portnews -
Mentions of digitalisation within the filings of companies in the oil and gas industry fell 47% between the third and fourth quarters of 2021.In...
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