Friday, April 25, 2025
Fuels from Russian oil gets backdoor entry into Europe via India-oil and gas 360

Fuels from Russian oil gets backdoor entry into Europe via India

Nasdaq NEW DELHI – Record high imports of crude oil from Russia in fiscal 2022-23 helped India’s refiners boost exports of diesel and jet fuel to Europe as the continent shunned Russian products, preliminary ship-tracking data from Kpler and Vortexa showed. Access to cheap Russian crude has boosted output and profits at Indian refineries, enabling them to export refined products

Exxon ends major drilling campaign in Brazil after failing to find oil-oil and gas 360

Exxon ends major drilling campaign in Brazil after failing to find oil

Oil Price After years of failing to make a major oil discovery offshore Brazil, ExxonMobil has ended a major drilling campaign there, but hasn’t ruled out further exploration in the country, The Wall Street Journal reported on Wednesday, citing sources with knowledge of the plans. Exxon, the first oil and gas company to set up operations in Brazil in 1912 under the name of

Oil stable as economic fears balance OPEC+ cuts, U.S. stock draw- oil and gas 360

Oil stable as economic fears balance OPEC+ cuts, U.S. stock draw

Investing LONDON – Oil prices held broadly stable on Wednesday, as the market weighed worsening economic prospects against expectations of U.S. crude inventory declines and plans by OPEC+ producers to reduce output. Brent crude futures inched down 15 cents, or 0.18%, to $84.79 a barrel by 1350 GMT. West Texas Intermediate U.S. crude was 19 cents, or 0.24%, lower at $80.52 a

ConocoPhillips wins ruling to continue work on $8 billion “Willow” oil project- oil and gas 360

ConocoPhillips wins ruling to continue work on $8 billion “Willow” oil project

World Oil (Bloomberg) – A federal judge in Alaska denied a bid by environmentalists and an indigenous group to block ConocoPhillips from opening a gravel mine and conducting other work at its $8 billion Willow oil project in the state. The order Monday from U.S. District Judge Sharon Gleason gives ConocoPhillips a green light to continue initial operations during a