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Refiners pledge to invest $4.5 bil. into eco-friendly fuels

The country's major refiners have pledged to invest a combined 6 trillion won ($4.5 billion) until 2030 in developing eco-friendly fuels to counter the environmental regulations that are increasing worldwide and improve a new growth engine for local oil companies and consumers, according to the Ministry of Trade, Industry and Energy, Wednesday.

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Iranian Economy Buoyed By 'Dark Fleet' Oil Shipments To China

By Michael Scollon | - ( RFE/RL ) - More than 6,000 kilometers from Tehran, in treacherous waters off the …

Tehran , Iran , Ukraine , Singapore , United-states , Beijing , China , Red-sea , Djibouti-general- , Djibouti , Kharg-island , Bushehr

Jul-Dec: Petroleum group imports down 13.78pc YoY

ISLAMABAD: Petroleum group imports witnessed a negative growth of 13.78 per cent during the first half...

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Gianforte issues state of emergency during winter conditions

Gov. Greg Gianforte issued an executive order declaring a state of emergency for carriers to supply propane, heating oil and diesel fuel during winter condition

Montana , United-states , Montanans , Greg-gianforte , Gianforte-office , Executive-order , Disaster-accident , Environment , Industrial-gases , Propane , Fuel , Fossil-fuels

Americans could see lower gas prices this year

Americans could enjoy lower gas prices this year as domestic producers continue record output, according to industry experts.

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Bearish Oil Fundamentals Could Override Bullish Geopolitics

Geopolitics are unlikely to worsen and weak fundamentals will pressure oil prices this year.

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US Officials Care More about Protecting Oil Tankers than Palestinians

By Edward Hunt | - ( Foreign Policy in Focus ) - While Israel continues its military offensive in Gaza, …

Red-sea , Djibouti-general- , Djibouti , Yemen , United-states , France , United-kingdom , Iraq , White-house , District-of-columbia , Saudi-arabia , Gaza

Peak Oil Supply Is Back! (And Just As Wrong)

New arguments that 'conventional' oil peaked two decades ago because of scarcity are still wrong.

Russia , New-zealand , United-states , Mexico , Iran , Venezuela , Kuwait , Libya , Saudi-arabia , Colorado , American , Mexican

BP went for continuity. It needs a revolution: Javier Blas

Along with many other companies, BP loves to reinvent its brand. For a time, it marketed itself as Beyond Petroleum.

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