Oil

Iraq Partners with Exxon for Global Crude Oil Storage Sites
Conventional Fuels Iraq Partners with Exxon for Global Crude Oil Storage Sites

In a rapidly evolving global energy landscape, Iraq is taking bold steps to secure its position as a key player in the international oil market by forging a strategic partnership with ExxonMobil to establish crude oil storage facilities near major demand centers. This initiative, driven by the

How Are U.S. Tariffs Crippling Petrochemical Trade?
Conventional Fuels How Are U.S. Tariffs Crippling Petrochemical Trade?

In a world where global trade is already under strain, imagine a critical industry like petrochemicals facing an additional 15% decline in trade volume due to policy barriers. This alarming scenario unfolded as a central concern at the Asia Pacific Petroleum Conference (APPEC) in Singapore, where

Plains Acquires EPIC Crude Stake to Boost Permian Presence
Conventional Fuels Plains Acquires EPIC Crude Stake to Boost Permian Presence

In a transformative development for the U.S. energy sector, Plains All American Pipeline has made a bold move to strengthen its foothold in one of the nation’s most vital oil-producing regions. The company recently announced a $1.57 billion acquisition of a 55% stake in EPIC Crude Holdings, a deal

Western Sanctions on Russia's Energy Sector Hit Their Peak
Conventional Fuels Western Sanctions on Russia's Energy Sector Hit Their Peak

We're thrilled to sit down with Christopher Hailstone, a renowned expert in energy management and renewable energy, who brings a wealth of knowledge on electricity delivery and grid reliability. With his deep understanding of global energy markets and their intersection with geopolitics,

Why Are Oil Prices Rising Amid Russian Supply Fears?
Conventional Fuels Why Are Oil Prices Rising Amid Russian Supply Fears?

Setting the Scene: A Volatile Oil Landscape Imagine a world where the price at the gas pump swings wildly with each headline of conflict halfway across the globe. This is the reality in 2025, as oil markets grapple with escalating tensions and economic shifts that keep stakeholders on edge. Brent

Dangote Refinery Halts Gasoline Unit, Impacts Global Supply
Conventional Fuels Dangote Refinery Halts Gasoline Unit, Impacts Global Supply

What happens when a titan of industry falters at a critical moment? In the heart of Nigeria, the Dangote Refinery—a colossal facility with the capacity to process 650,000 barrels of oil per day—has hit a major roadblock with the shutdown of its gasoline production unit, sending shockwaves through

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