NEWS

January 19, 2021

South Africa’s Faces Major Oil Refinery Crisis

Two of South Africa’s four oil refineries are currently offline and expected to restart next year at the earliest, while the other two facilities also face […]
January 19, 2021

U.S. Watchdog: Large U.S. Banks Can No Longer Deny Funding To Oil & Gas

Days before the end of the current Administration, a U.S. banking industry regulator finalized a rule under which large American banks cannot deny lending money to […]
January 19, 2021

Oil, Gas Rigs Increase For Fifth Week In A Row

Baker Hughes reported on Wednesday that the number of oil and gas rigs in the United States rose by 2 to 348. The oil and gas […]
June 20, 2020

India Looks To Double Oil Refining Capacity By 2030

The world’s third-largest crude oil importer, India, plans to double its refining capacity by 2030 from the current 5 million barrels per day (bpd), Oil Minister […]
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