A New Dawn for a Legacy Refiner Amber's Strategic Blueprint Amber Energy, an affiliate of Elliott Investment Management, is poised to reshape the future of Citgo Petroleum, signaling a significant shift from a decade of ownership uncertainty. In a move that defies typical private equity strategies,
In a stunning reversal that underscores the growing impact of Western sanctions on global energy markets, India's once-booming importation of Russian crude oil is set to collapse following a record-setting surge. This dramatic shift marks a pivotal moment for one of the world's largest energy
A cursory glance at Russia's seaborne fuel export figures for November might suggest a month of relative stability, but this masks a dramatic and turbulent reality unfolding across its critical port infrastructure. While the nation’s total seaborne fuel exports experienced only a marginal decrease
The global aviation industry is currently navigating one of its most significant challenges to date, facing mounting pressure to radically decarbonize its operations and achieve ambitious sustainability targets set for 2050. As the world moves towards a greener future, the long-term viability of
The Dated Brent global physical crude oil benchmark, a critical financial instrument that prices over 60% of the world's traded crude and underpins countless futures contracts, is functioning effectively and requires no immediate, significant methodological changes, according to a recent assessment
In a remarkable display of operational agility, Venezuela’s state-run oil company managed to increase its exports in November, defying the crippling effects of a major fire that shut down a critical processing facility. This unexpected performance highlights a sector that has become adept at
