European benzene prices fall 3.7% due to oversupply and sluggish demand
With the world facing a crunch in the energy market, a worrying trend has emerged as European benzene prices fell by 3.7% in October due to…
Refining, petrochemicals and fuels — the last stretch between the barrel and the customer.
With the world facing a crunch in the energy market, a worrying trend has emerged as European benzene prices fell by 3.7% in October due to…
The unavoidable impact of the latest round of sanctions on Russian energy resources has affected the global energy market, with Germany seeing a sharp increase in…
As the new wave of sanctions on Russian energy comes into the light, the darkness has surrounded the Russian economy. Europe is set to see record…
As the war in Ukraine rages on with no end to the conflict in sight, Slovnaft has warned of JANAF supply cuts of non-Russian crude, which…
Europe has stated that it expects tighter jet fuel and diesel supplies ahead of the new ban on Russian fuels. Since the Russians invaded Ukraine, the…
The litany of Europe’s refineries are facing calls to modernize operations as fuel consumption declines globally, led by the wave of new electric vehicles and AI…
Privately owned Lukoil, Russia’s second-largest oil producer, has announced its plan to divest foreign holdings after the latest wave of Western sanctions against Russia due to…
With the war in Ukraine raging on with no end in sight, and many pointing out that the European reliance on Russian oil and gas has…
The European Union has revealed new measures that aim to close loopholes in the importing of Russian gas. Russia’s full-scale invasion of Ukraine has resulted in…
Following a devastating fire at the Danube refinery in Hungary, MOL has reported that operations on site remain stable. The world has seen a dramatic increase…
A recent fire at Hungary’s largest refinery has fueled worries over regional oil supply, leading analysts and industry experts to urge a cautious approach to restarting…
The United States Energy Information Administration (EIA) plays a crucial role in delivering reports that pertain to the US energy sector and has recently stated that…
The global energy market has seen significant increases in refining margins as the world continues to rely on the coal sector to meet a substantial increase…
As the Russian invasion of Ukraine rages on, the EU has issued new rules to block indirect Russian oil flows through refiners. Following the invasion of…
As winter approaches, the high-energy usage nations of the northern hemisphere are expected to see an increase in energy consumption. Reports have now emerged from several…
The global oil and gas industry has been through some challenging times in recent years. The international transition away from fossil fuels has led to several…
At a recent event, the Aramco Downstream President, Mohammed Al-Qahtani, outlined the Saudi company’s strategic plans for expansion in the refining and chemical sectors, further strengthening the…
One of the largest energy companies in the world and Spain’s gas operator has stated that the gas network is ready for a faster phase-out of…
The acceleration of Europe’s coal power collapse has resulted in an exit of downstream capacity in the energy market. The nations of Europe have implemented measures…
In a move that aligns with the global trend of phasing out coal entirely from the energy sector, Poland has outlined its plan to phase out…
A troubling trend has emerged in Europe that has industry experts warning of a potential market collapse. Energy giant Ineos has issued a notice stating it…
In a world enthralled by the transition to renewable energy, China is to continue approving new coal plants through 2027 in key regions. China has, for…
While the world faces fuel supply crunches, European fuel margins remain firm. Ongoing supply risks have emerged that pose a significant threat to the global supply…
As the geopolitical power struggles unfold across the world, the inevitable effect on the energy sector has begun to rise from beneath the deep waters of…
French energy company EDF has confirmed reports that state the Cordemais coal plant will shut down for good in 2027. France is accelerating the adoption of…
The Secretary General of the Arab Energy Organization has affirmed the need for balance in the global energy sector. The world is in a constant state…
The nations in East Asia will see significant increases in coal demand as the winter months approach. The coal sector has seen a sharp decline in…
The Gulf energy producers have taken a significant step towards strengthening their dominance in the energy sector by monetizing pipelines and other energy assets while maintaining…
The Organization of the Petroleum Exporting Countries, or OPEC, has reported that output for the specific nations in the organization has climbed during the month of…
In a shocking move, the World Bank has lifted its ban on funding for nuclear projects. The decision will enable new downstream projects in developing nations,…
The European energy powerhouse, Poland, has won approval from the EU to keep the nation’s coal plants in a capacity scheme. As the EU is shifting…
Despite the need to integrate renewable energy generation, China has commissioned 21 GW of coal plants in the first half of this year. China has been…
The nation of Romania is currently negotiating with the European Union to extend the planned retirement of 2.6 GW of coal generation by at least five…
China has reported that its coal sector has seen significant expansion in the first half of 2025, despite the clear proclivity for renewable energy. A report…
The European energy juggernaut that is Germany recently approved the sale of one of the largest and most efficient power plants in the nation, the Datteln…
Germany has reported that one of the largest and most efficient coal sites in the world, Datteln 4, has been sold by energy giant Uniper to…
One of Germany’s largest energy companies has completed the sale of the Datteln 4 site recently. Germany is an exceedingly industrious country that leads the world…
India has relaxed the sulphur dioxide limits for the majority of its coal mines in a move that has environmentalists concerned over the supposed impact on…
The nation of Germany is moving forward with a planned sale of the Datteln 4 site, owned and operated by Uniper. The site will be sold…
The Environmental Protection Agency has made the controversial decision to pull the coal-ash deadline rule that was implemented during the Biden administration, thanks to severe pushback…
The outlook for the US coal sector usage has been reported by the US Energy Information Administration, and the report states that coal use in the…
The federal mandate to keep the Eddystone coal plant operational has raised concerns over the costs that might be incurred by the Pennsylvania consumers, as well…
The power demand in the United States is reaching levels not experienced in the last two decades, and the forecast is that the demand will increase…
The Department of Energy may face a substantial legal battle to keep the lights on at the Campbell mine thanks to a motion submitted by several…
Residents in Pennsylvania are stuck between a rock and a hard place right now. On the one hand, keeping the Eddystone coal-powered plant online provides job…
The Department of Energy has extended the emergency order under section 202(c) of the Federal Power Act that keeps the Eddystone power plant operational through November…
An Indiana court has ruled that Hoosier utility regulators “impermissibly applied” the state law when they allowed Duke Energy to raise prices for customers to try…
The Environmental Protection Agency, or EPA, has reopened the floor for additional comments and questions on the proposed rules that they have implemented. Stating that it…
The EPA, or Environmental Protection Agency, has withdrawn the proposed coal-ash changes for the sector and reopened the sector to potential rulemaking changes that the EPA…
The Oak Creek coal plant will continue to operate to the end of 2026, at the very least. We Energies, which owns and operates the Oak…