Crude oil
Key U.S. energy, power trends at home and on world markets
Overseas, the U.S. is set to cement its position as the largest and most influential exporter of crude oil and natural gas, which continue to underpin a vast majority of global energy systems and generate massive earnings for the U.S. Treasury.
India's Nayara Energy buys only Russian oil in Dec for 5th straight month
Nayara, part-owned by Russian oil major Rosneft, operates a 400,000-bpd refinery at Vadinar in the state of Gujarat.
Opinion: Win or lose, Trump’s fossil fuel gamble crowns China the clean-energy king
Beijing’s latest five‑year plan underscores its drive for self‑reliance in energy, critical minerals, and advanced technologies such as semiconductors and artificial intelligence.
Venezuelan oil exports to China set to drop as U.S. blockade limits cargoes
The number of oil tankers departing Venezuela for China has fallen sharply after U.S. President Donald Trump imposed a blockade in December on sanctioned ships transporting Venezuelan oil, part of its pressure campaign on Venezuelan President Nicolas Maduro that culminated in a U.S. military incursion that captured him.
China's heavy reliance on Iranian oil imports
Beijing, which is also the biggest buyer of oil from Venezuela and a top importer of oil from Russia, has used purchases from the three countries facing various Western sanctions to save billions of dollars on its import bill in recent years.
Venezuela begins reversing oil output cuts as exports resume
The OPEC country's oil exports had remained almost at a standstill since December, with only U.S. Chevron exporting crude from its joint ventures under a U.S. authorization, leaving millions of barrels stuck in onshore tanks and vessels.
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- Europe set for record LNG imports in 2026 1/23
- Plug Power completes installation of 100-MW GenEco electrolyzer units at Galp’s Sines refinery 1/23
- Reju announces site selection for first U.S. industrial-sized facility regeneration hub 1/23
- Engineering a low-cost alternative catalyst for producing sustainable petrochemicals 1/23
- New report identifies methanol-to-jet as a key accelerator of the next wave of sustainable aviation fuel 1/23
