Downstream Archives

US Department of Energy announces purchases for strategic petroleum reserve

16 May 23

Analysis from the Department of the Treasury indicates that SPR releases last year, along with coordinated releases from…

05 Dec 22

The UK and its coalition partners will only provide services facilitating the maritime transport of Russian oil if…

Reliance Industries’ Jamnagar refinery is the largest refining hub in the world. The refinery and petrochemical complex is…

21 Mar 22

The deal has been executed amid ongoing Russia’s war on Ukraine with several western countries placing sanctions against…

15 Mar 22

This is part of Equinor’s efforts to exit Russia and includes getting a full overview of all relevant…

09 Mar 22

As an immediate first step, the company will stop all spot purchases of Russian crude oil

25 Feb 22

On the first day of the attack, oil prices began to cross the $100 per barrel mark for…

07 Jul 21

The French multinational recently rebranded to pull itself away from its traditional business practices that focused on oil…

11 Jun 21

Global oil demand could reach 100.6 million barrels per day by the end of 2022, allowing producers to…