August 19, 2025 India’s Oil and Natural Gas Corporation (ONGC) has begun a campaign to boost oil and gas production through well optimization and accelerating the start of production at recently made discoveries, the company has said, as quoted by Fortune India.India’s India’s ONGC produces some 70% of India’s crude oil and 84% of its natural gas. […]Read More

August 15, 2025 Chinese oil refining throughput jumped by 9% in July from a year earlier amid higher utilization capacity at state-owned refiners, according to official data released on Friday.  Chinese refiners processed 14.85 million barrels per day (bpd) of crude last month, per the data from the National Bureau of Statistics cited by Reuters.   The crude […]Read More

August 12, 2025 China’s refiners are expected to import lower volumes of Saudi crude in September in a sign that Asia is in the midst of a major oil trade re-routing, with more Russian crude set to find Chinese buyers after India’s pullback. Saudi Arabia will ship lower volumes of its crude to China next month, down […]Read More

August 11, 2025 Guyana’s oil producing capacity has just jumped to 900,000 barrels per day (bpd) after ExxonMobil launched production from Yellowtail, the fourth oil development in Guyana’s prolific offshore Stabroek block.Exxon and partners have found more than 11 billion oil equivalent barrels in the Stabroek block, where production was already above 660,000 bpd before the start […]Read More