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  • The Essar Oil UK Group of companies (Essar) recently unveiled the latest phase of its strategic business development after announcing the acquisition of a number of assets from BP to further strengthen the company’s logistics infrastructure in the UK.This latest expansion of its UK interests means E...

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  • European Union (EU) biofuels producers have welcomed the approval by the EU’s Trade Defence Committee of a European Commission (EC) proposal to re-impose definitive anti-subsidy duties against Argentine biodiesel imports, writes Keith Nuthall.These duties had been up for review and in September 2018...

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  • With less than a year to go until the International Maritime Organisation’s (IMO) regulation limiting the sulphur content of fuel oil used onboard ships to 0.5% comes into force, market analyst Wood Mackenzie has revealed its latest thinking on the impact of this fuel specification change.The IMO Ma...

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  • The US Treasury Department's Office of Foreign Assets Control (OFAC) announced on 28 January 2019 the imposition of new sanctions against the country’s state oil company PdVSA, writes Ed Zwirn in New York and Keith Nuthall. The sanctions effectively halt US purchases of oil from Venezuela – the Lati...

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  • Total and Saudi Aramco have signed a 50:50 joint venture agreement to develop a network of fuel and retail services in Saudi Arabia, planning to invest around $1bn over the next six years. Total is reportedly the first international oil major to invest in Saudi Arabia’s fuel retail network.The ...

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  • Shell and its partners have announced that they are to commence the tendering process for the development of the Bonga South West/Aparo (BSWA) deepwater oil project offshore Nigeria.Commenting on the news, Cao Chai, Upstream Oil & Gas Analyst at GlobalData, says: ‘The agreement between Shell Nig...

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  • The 2019 edition of the BP Energy Outlook explores the key uncertainties that could impact the shape of global energy markets out to 2040, the greatest of which involve the need for more energy to support continued global economic growth and rising prosperity, together with the n...

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  • BP has announced first gas from the second stage of its West Nile Delta development offshore Egypt. The project, which produces gas from the Giza and Fayoum fields, has been developed as a deepwater, long-distance tie-back to an existing onshore plant.The start-up is the second in a string of new up...

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  • A new technology that converts biogas into a high-grade liquid fuel that can be used as a direct replacement for fossil fuels was recently showcased for the first time at Alliance Dairies in Florida, US.  The process, developed by UK-based technology company Renovare Fuels, allows biogas from w...

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  • Eni and SABIC are to jointly develop an innovative technology for natural gas conversion into synthesis gas that can be further transformed into high-value fuels and chemicals, such as methanol. The partnership will involve, among other activities, the construction of an industrial demonstration pla...

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