Crude oil news (page 3)

All news on Crude oil (also known as Petroleum, Rock Oil, Fossil Oil, Petrochemicals, Fossil oil, Natural oil, Crude Petroleum, Mineral Oil (Crude), Unrefined petroleum, Petroleum crude oil, Rock oil, Mineral oil (raw), Anthracite, Bituminous Coal, Lignite, Fossil fuel, and Steam coal): plants, production capacities, investments and involved companies.

13 August 2025

NLC Praises Dangote Refinery, Urges Crude Sales in Naira

NLC supports local crude sales in naira to cut fuel costs, praises refinery's impact on prices, jobs, and compliance with global standards. Dangote plans CNG trucks to reduce logistics costs.
8 August 2025

ExxonMobil Starts Production at Fourth Guyana Offshore Project

Yellowtail FPSO begins production, boosting Guyana's capacity to 900,000 barrels/day. Local workforce is 67%. Eight developments planned by 2030, targeting 1.7 million barrels/day.
5 August 2025

MOL Group and KazMunayGas Ink Oil Trading Deal

MOL imports 85,000 tons of CPC crude to Croatia, enhancing supply security in Central and Eastern Europe. The deal builds on a strategic partnership for oil diversification and cooperation.
4 August 2025

KMG Delivers First Oil to Hungary via Croatia

Kazakh oil reaches Hungary through Croatia, marking a strategic expansion in EU markets. A Framework Agreement for future deliveries was signed.
18 July 2025

Chevron Finalizes Hess Acquisition

The merger creates a top-tier energy firm, enhancing growth and shareholder returns, with significant assets in Guyana and Bakken, and $1B in cost synergies expected by 2025.
9 July 2025

Gunvor Reduces Rotterdam Operations Amid Investment Uncertainty

Operations in Rotterdam are scaled back, ending terminal activities. Energy transition projects continue, including a SAF plant with VARO Energy. Job losses expected.

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