bp to Hand Over Operations of Major BTC Oil Pipeline to Azerbaijan’s SOCAR
A major operational shift is coming to the Baku-Tbilisi-Ceyhan oil pipeline as SOCAR prepares to assume control of one of the world's most strategic crude export routes.
A major operational shift is coming to the Baku-Tbilisi-Ceyhan oil pipeline as SOCAR prepares to assume control of one of the world's most strategic crude export routes.
As Gulf producers prepare for a post-crisis recovery, Kuwait is outlining how quickly production could return while signaling new interest in infrastructure designed to reduce future supply risks.
South Bow has secured long-term shipper commitments for its proposed Prairie Connector project, moving the cross-border crude oil pipeline one step closer to a final investment decision.
Iraq is pursuing a major increase in pipeline-based crude exports as it develops alternative routes to international markets amid ongoing regional supply disruptions.
Global oil inventories are drawing down faster than expected, raising concerns about supply availability as peak summer demand approaches and market uncertainty continues.
An ADNOC executive says the coming months could prove pivotal for global oil markets as supply disruptions continue to reshape trade flows and complicate recovery efforts across the energy sector.
Venezuela's oil exports continued their upward trend in May, with growing shipments to key international buyers highlighting shifting trade flows and strengthening demand for the country's crude.
India’s BPCL is adjusting its crude sourcing strategy and increasing spot-market purchases as shifting global supply conditions force refiners to rethink procurement plans.
Saudi Arabia is increasing fuel oil use at power plants as tightening natural gas supplies reshape fuel demand and complicate the kingdom’s long-term energy transition plans.
South Bow has secured long-term shipper commitments for its proposed Keystone XL revival project, marking a major milestone as the company weighs a final investment decision.
South Bow says it will not move forward with reviving part of the Keystone XL system until it secures a long-term U.S. permit, underscoring ongoing uncertainty around cross-border pipeline approvals.
Oil from the U.S. Strategic Petroleum Reserve has reached California refineries for the first time, underscoring shifting crude supply routes as global energy markets tighten.
Pakistan is accelerating plans for strategic oil reserves and expanded fuel storage after supply disruptions tied to the Strait of Hormuz highlighted vulnerabilities in the country’s energy infrastructure.
A record drawdown from the U.S. Strategic Petroleum Reserve has pushed emergency crude inventories to their lowest level in nearly two years as global oil supplies tighten amid escalating geopolitical tensions.
North Dakota oil producers are taking a cautious approach to drilling expansion despite higher crude prices tied to the Iran conflict and tighter global supply conditions.
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