Tag: oil
Petrol supplies out of Viva Energy’s Geelong Refinery will be slashed up to 60 per cent over the short term, as it recovers from a huge fire on April 15….
In the tiny sultanate of Brunei Darussalam, insulting the prophet Mohammed attracts the death penalty. Similarly, until a temporary moratorium — which could be revoked at any time — gay…
Iran has backflipped on its agreement to reopen the Strait of Hormuz, after the United States imposed a counter-blockade on the major oil route. Armed Iranian Revolutionary Guard forces will…
The Trump administration on Friday reversed course and extended a waiver on sanctioned Russian oil and petroleum products amid the Iran war, just days after a top Cabinet official said…
Business Friday’s reopening of the Strait of Hormuz, which may only be temporary, is the clearest signal yet for optimism. A currency trader talks on the phone near a screen…
ISLAMABAD – Officials from Pakistan’s Petroleum Division have warned that any further escalation in regional tensions could significantly impact oil and gas supplies. According to reports, a meeting of the…
Russian oil revenues nearly doubled in March, the International Energy Agency said in a report on Tuesday, as higher oil prices driven by the war in Iran provided a lifeline…
Two very large crude carriers (VLCCs) carrying Iranian oil have reached India, marking the first such shipments in nearly seven years, according to ship tracking data from LSEG. The development…