Indian Oil Corp, the country’s top refiner, has signed its first annual deal to buy U.S. oil, paying about $1.5 billion for 60,000 barrels a day in the year to March 2020 to diversify its crude sources, its chairman said on Monday.   R...  +

Hawaii (February 5, 2019) - On January 17, 2019, Dr. Fereidun Fesharaki and our team in Hawaii hosted an office opening, to celebrate the launch of our new Hawaii office. FGE was established in 1984. In 1998, FGE opened its first office...  +

Bangladesh is seeking expressions of interest to build the country’s first onshore liquefied natural gas (LNG) import terminal, according to a company official and a document posted on the company’s website.   Read Article  +

Bangladesh is seeking expressions of interest to build the country’s first onshore liquefied natural gas (LNG) import terminal, according to a company official and a document posted on the company’s website.   Read Article  +

After the U.S. slapped sanctions on Venezuela’s state-owned PDVSA, which essentially add up to an oil ban, the market has focused on how the remaining buyers of the South American country’s heavy, low-quality crude will react.   Read A...  +

With Monday’s decision to impose sanctions on Venezuela’s oil industry, the Trump administration has, after a two-decade stand-off between Washington and Caracas, finally gone for its rival’s jugular.   Read Article  +

With Monday’s decision to impose sanctions on Venezuela’s oil industry, the Trump administration has, after a two-decade stand-off between Washington and Caracas, finally gone for its rival’s jugular.   Read Article  +

After the U.S. slapped sanctions on Venezuela’s state-owned PDVSA, which essentially add up to an oil ban, the market has focused on how the remaining buyers of the South American country’s heavy, low-quality crude will react.   Read A...  +

Europe’s drivers are ditching diesel cars in favor of gasoline. The oil market is handing them something of a lucky break as they do.   Read Article  +

Europe’s drivers are ditching diesel cars in favor of gasoline. The oil market is handing them something of a lucky break as they do.   Read Article  +