Tag:

Petroleum

Georgia’s oil product exports surge after launch of new refinery

Georgia’s exports of oil and petroleum products rose sharply in January–May 2026, driven by the launch of a new refinery on the country’s Black Sea coast, according to data from the National Statistics Office (Geostat), as cited by bm.ge.

19 Jun 2026-16:15
Why is India increasing taxes on petroleum exports?

India has raised excise duties on exports of diesel and aviation turbine fuel (ATF), a move that analysts say is aimed at protecting domestic fuel supplies and managing energy security amid a volatile global market environment.

17 Jun 2026-05:50
The Strait of Hormuz: Why is the world watching this narrow waterway? Explained!

Few places on Earth have as much influence over the global economy as the Strait of Hormuz. Although it is only a narrow stretch of water located between Iran and Oman, this maritime corridor serves as one of the world's most critical energy transit routes.

15 Jun 2026-13:00
India raises LPG prices again amid energy surge

India’s oil marketing companies have raised the price of domestic liquefied petroleum gas (LPG) by Rs 29 per 14.2 kg cylinder, marking the second increase in three months as the ongoing energy shock linked to the West Asia crisis continues to drive global fuel benchmarks higher.

07 Jun 2026-08:57
Pashinyan announces alternative to Russian gas — TRIPP?

30 May 2026-14:58
BP fires Chairman Albert Manifold over conduct issues

In a stunning boardroom shakeup, British energy giant BP announced on Tuesday that it has removed Chairman Albert Manifold from his position with immediate effect.

26 May 2026-15:50
BP explores multi-billion dollar sale of Egyptian gas assets

BP Plc is considering the sale of some of its natural gas assets in Egypt as part of a broader restructuring plan aimed at reducing debt and focusing on higher-return projects, according to people familiar with the matter.

15 May 2026-12:18
Petroleum products dispatched from Azerbaijan to Armenia

Another batch of petroleum products has been dispatched from Azerbaijan to Armenia.

09 May 2026-11:05
Reimagining Pakistan’s energy security through CPEC and regional connectivity

The effective closure of the Strait of Hormuz due to the ongoing war involving the US, Israel, and Iran has exposed Pakistan’s deep structural vulnerability to global energy disruptions.

04 May 2026-22:41
Huge fire erupts at UAE's Fujairah petroleum site after Iranian drone attack

04 May 2026-19:43

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