According to Law Commentary, President Trump has invoked the Defense Production Act to direct up to $150 million toward U.S. oil refineries and petroleum infrastructure as national average gasoline ...

According to Deloitte, disruptions in the Strait of Hormuz, which carried about 20% of global oil and gas exports in 2025, left more than 10 million barrels per day of Gulf oil production offline in ...

According to Argus Media, Sabic expects delays to the startup of new petrochemical projects in the Middle East because of ongoing supply chain disruptions caused by the US-Iran conflict, with no ...

According to OilPrice.com, Saudi Arabia has agreed with Singapore to store crude oil in the Jurong Rock Caverns, an underground facility within a southern Singapore petrochemical complex, with ...

Brazilian state-owned oil company Petrobras reported third-quarter 2026 oil, gas and natural gas liquids production of 3.51 million barrels of oil equivalent per day (boe/d), up 11.7% year-on-year and ...

BASF has inaugurated the expansion of its Alkyl Polyglucosides (APGs) production capacity at its Cincinnati, Ohio site. The investment reinforces BASF’s position as a leading APG supplier in the ...

Hainan Eco Prime is advancing construction of a CNY 1.2 billion (approximately €145 million) SAF plant at Yangpu Port, Hainan Province, China. The facility will convert food waste into 300,000 tonnes ...

Shell’s third-quarter earnings surged to $10.8 billion, nearly doubling from $5.4 billion a year prior, driven by record refining margins and elevated LNG and gas prices amid the ongoing Middle East ...

SEFE (Securing Energy for Europe) has signed a new five-year natural gas supply agreement with Trafigura, one of the world’s leading commodity trading companies, securing annual deliveries of 30 ...

Woodside has signed a 20-year sale and purchase agreement with QatarEnergy for the supply of up to 3 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) from its Louisiana LNG Project in ...

October 27, 2026 [Yahoo Finance]- ENEOS Holdings has completed its acquisition of US-based TPC Group, following a deal announced in August 2026. TPC Group, North America’s largest independent ...

QatarEnergy has extended its force majeure on LNG deliveries until the end of 2026, impacting Europe and Asia as they face supply shortages ahead of winter. This decision has driven European natural ...