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Efforts underway to meet additional power demand during coming irrigation season
17 Jan 2026 07:39 GMT
… LNG) to fulfill gas demand, which primary fuels electricity generation.
“If … MW, easing pressure on fuel-constrained power plants during … supply of gas and fuel oil will be maintained with greater … funding support to procure fuel for power plants during …
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Company gets state incentive for Uintah County asphalt plant’s transformation to oil refinery
17 Jan 2026 04:44 GMT
… to refining Uinta Basin waxy crude oil, creating 40 high-paying … a refinery capable of processing Uinta Basin waxy crude oil into petroleum products … 35,000 to 50,000 barrels per day.
“We’re … our ability to refine and market high-demand products, but because …
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Oil Prices: Why India must brace for THIS risk? Warning from Australian CEO linked to Iran
17 Jan 2026 05:18 GMT
… around a third of global crude shipments daily, political risks continue … in OPEC and accounts for roughly 4 percent of global oil production … oil consumption is still rising year after year, driven by electricity demand …
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Oil Majors Tell Washington They Want PDVSA Out of the Way
17 Jan 2026 05:12 GMT
… Venezuela’s oil industry. And their opening demand is refreshingly … our barrels.
According to Reuters sources, international oil executives … ENI, and Repsol. For oil companies with long memories, … pragmatic alignment. Washington wants oil flowing under U.S. …
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Foreign Intelligence Service: Russia’s shadow tankers keep oil flowing despite sanctions
17 Jan 2026 03:53 GMT
… consequence of sanctions pressure on oil prices. Russian expenses for … tankers used in oil exports are increasing, while buyers demand significant discounts … , the price of Urals crude at ports on the Baltic … fell to $33–34 per barrel.
In 2026, pressure on …
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Diesel market structures little changed; Asia-USWC jet fuel arbs widen
17 Jan 2026 03:38 GMT
… previous trading session.
February refiner spot sales took the market … to penalize imports of renewable fuels and feedstocks, according to … cap on Russian oil to $44.10 per barrel from February … higher fuel output and a seasonal decline in domestic demand, data …
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Palm oil prices to weaken in 2026, biofuel policy clarity crucial: survey
17 Jan 2026 02:49 GMT
… Higher crude oil prices make biodiesel competitive, and are supportive of palm oil demand … . Conversely, low crude oil prices reduce demand for biodiesel … and palm oil.
Indonesia’ …
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ARA fuel stocks at four-month high
17 Jan 2026 02:28 GMT
Total oil product stocks independently held in … 2 million tons, and jet fuel stocks edged around 0.8% … fuel stocks rose despite a lack of imports, suggesting sluggish regional demand …
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Oil prices settle up as US begins holiday weekend
17 Jan 2026 01:29 GMT
… Iran.
Brent crude settled at US$64.13 a barrel up 37 … at US$59.44 a barrel up 25 cents, or 0 … around a quarter of seaborne oil supplies flow,” Commerzbank analysts said … in Chinese demand or a meaningful bottleneck in physical barrel flows, oil looks …
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Oil & Gas industry’s wish list for Union Budget: Review of cess on indigenous production, push for exploration and refining capacity
17 Jan 2026 00:35 GMT
… on February 1, the petroleum industry has sought that … of sources for procuring crude oil, analysts and observers believe … up new projects and improving refineries,” the industry executive stated … considering a long-pending demand of the sector to …