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Blog - Petroleum oils and oils obtained from bituminous minerals; crude

BP's Fourth-Quarter Profits Hit Four-Year Low Amid Industry Challenges
BP's Fourth-Quarter Profits Hit Four-Year Low Amid Industry Challenges
Feb 11, 2025
Eye 17

BP's Q4 profits fall to a four-year low, sparking investor concern and calls for strategic shifts in the face of industry trends.
US Refiners Shift from Mexican Crude to Colombian and Canadian Sources
US Refiners Shift from Mexican Crude to Colombian and Canadian Sources
Feb 10, 2025
Eye 94

US Gulf Coast refiners are shifting focus from Mexican crude to Colombian and Canadian sources due to issues with water content in Mexico's oil, affecting processing costs and refinery operations.
Slowing US Oil Production Raises Concerns Over Export Terminal Projects
Slowing US Oil Production Raises Concerns Over Export Terminal Projects
Feb 8, 2025
Eye 243

The slowdown in US oil production growth is creating uncertainty for proposed export terminal projects, raising questions about their future viability.
Venezuela's PDVSA Resumes Light Crude Imports Amid Production Challenges
Venezuela's PDVSA Resumes Light Crude Imports Amid Production Challenges
Feb 7, 2025
Eye 126

Venezuela's PDVSA is importing light crude to address domestic production issues, following disruptions in local output and strategic swaps with foreign partners.
Chevron Accelerates Kazakh Oilfield Ramp-Up, Ahead of Schedule
Chevron Accelerates Kazakh Oilfield Ramp-Up, Ahead of Schedule
Feb 7, 2025
Eye 113

Chevron accelerates Tengiz oilfield expansion in Kazakhstan, moving towards production targets ahead of schedule, boosting the country's oil output and global supply contribution.
BP Plc to Offload Key Assets in Germany Amid Operational Cost Struggles
BP Plc to Offload Key Assets in Germany Amid Operational Cost Struggles
Feb 6, 2025
Eye 90

BP Plc is set to sell its oil refining and chemical assets in Germany to combat soaring operational costs and competitive pressures in the region.
ConocoPhillips Beats Wall Street Expectations Despite Price Fluctuations
ConocoPhillips Beats Wall Street Expectations Despite Price Fluctuations
Feb 6, 2025
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ConocoPhillips' Q4 earnings surpassed expectations due to increased production, despite price drops. Also, get insights into global oil export and import movements.
Canada's Trade Surplus with the US Reaches New Heights Amid Oil Export Surge
Canada's Trade Surplus with the US Reaches New Heights Amid Oil Export Surge
Feb 5, 2025
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Discover how a surge in Canada's oil exports has driven its trade surplus with the US to heights not seen in years, emphasizing the significance of energy exports to the nation's economy.
TotalEnergies Increases Dividend Despite Weaker Earnings
TotalEnergies Increases Dividend Despite Weaker Earnings
Feb 5, 2025
Eye 59

TotalEnergies SE increases its dividend and holds steady on share buybacks despite weaker Q4 earnings, showcasing resilience in the current oil market climate.
Trans Mountain Pipeline Faces Increased Interest Amid U.S. Tariff Threats
Trans Mountain Pipeline Faces Increased Interest Amid U.S. Tariff Threats
Feb 4, 2025
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Discover the implications of potential U.S. tariffs on Canadian oil imports and how the Trans Mountain Pipeline is poised to become a critical asset in optimizing Canada's oil export routes, especially toward Asian markets.
Venezuela's Oil Exports Surge in January
Venezuela's Oil Exports Surge in January
Feb 4, 2025
Eye 123

Venezuela's oil exports climbed 15% in January, driven by increased shipments from Chevron and rising demand from China.
UAE Announces Petrol Price Hike Amid Global Market Fluctuations
UAE Announces Petrol Price Hike Amid Global Market Fluctuations
Feb 4, 2025
Eye 49

The UAE raises retail fuel prices in February 2025 amid global oil market volatility and geopolitical influences, affecting local and international economic dynamics.
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