Sunday , 19 April 2026

Recent Posts

Exxon sees oil demand down 20% in 2 decades

Bloomberg If climate change curbs live up to their promise, oil demand may fall 20 percent by 2040, Exxon Mobil Corp. says in one forward-looking report. But a more likely scenario is it will grow by 20 percent, the company says in separate outlook. The first comes in response to a shareholder vote last year that demanded Exxon publish the …

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Clean fuel focus in India could open door for US LPG imports

Bloomberg India’s increased focus on cleaner cooking fuel may open the door for imports of liquefied petroleum gas from the US, according to Facts Global Energy. The world’s second-largest importer of the fuel raised its target for providing free cooking gas connections to the poor by 60 percent to 80 million families, Finance Minister Arun Jaitley said in his budget …

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Pemex chief looks to $2.6 billion deal with Mitsui to spur recovery

Bloomberg With its money-losing refineries producing the least fuel in 27 years and only a handful of private partnerships announced since Mexico’s energy reforms, sealing a $2.6 billion venture with Mitsui & Co. will come as a relief to Petroleos Mexicanos. Pemex is a few months away from closing an agreement for the project with a group led by Mitsui …

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