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Reliance Industries Plans Crude-for-Naphtha Swap Deal with Venezuela

August, 2024 – Indian conglomerate Reliance Industries is set to initiate a crude-for-naphtha swap deal to resume crude oil transactions with Venezuela, following recent...

India’s Crude Oil Imports from Russia Surge 1000%

India has significantly increased its crude oil imports from Russia, now sourcing 40% of its crude oil needs from the country, according to BIMCO....

Equinor Exits Suriname, Focusing on Core Areas and Renewables

OSLO – Equinor ASA (EQNR.OL) has announced its decision to exit Suriname, transferring its stakes in the deepwater Block 59 exploration license to Hess...

Oil prices continued to surge on Wednesday amid heightened geopolitical tensions in the Middle East

Here’s a breakdown of the situation: Oil Prices Surge Amid Geopolitical Tensions 1. Price Movements: WTI Crude: The U.S. benchmark crude oil price rose by 2.53% to...

What Are the Components of Reformulated Gasoline?

Reformulated gasoline (RFG) represents a significant advancement in fuel technology, aimed at reducing harmful emissions and improving air quality. Unlike conventional gasoline, which can...

How Is Pure Gasoline Made?

Gasoline is a crucial component of modern energy consumption, used predominantly as fuel in internal combustion engines. Its production is a complex process that...

How to Convert Methanol into Gasoline?

The conversion of methanol into gasoline is a process of considerable interest in the field of fuel chemistry and alternative energy. Methanol, a type...

Stocks To Watch On August 7: Real Estate, SBI, Lupin, Tata Power, Bata

Market Overview As of early trading on August 7, Indian stock markets are poised for a positive start, with benchmarks Sensex and Nifty50 likely to...

Elephant Oil Signs Production Sharing Contracts in Ivory Coast

The Ministry of Mines, Petroleum and Energy of Ivory Coast has signed Production Sharing Contracts (PSCs) with independent energy company Elephant Oil for three...

What Happens to Gasoline When It Gets Old?

Gasoline, a vital component of modern transportation, undergoes significant changes over time, affecting its quality and usability. When gasoline becomes old, its chemical composition...

European Markets Plunge 2.2% as Global Volatility Deepens; Oil and Gas Stocks Shed 3.3%

London — European markets opened sharply lower on Monday, reflecting mounting global volatility and deepening concerns about a potential U.S. recession. The regional Stoxx...

Drone Attack Hits Oil Depot in Belgorod Oblast

An oil depot in Russia's Belgorod Oblast was targeted by a drone strike overnight on August 3, as reported by Governor Vyacheslav Gladkov. The attack...

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