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Central America

Mexico seeks more 2025 fuel import deals after refinery delays

Mexico is seeking to import more motor fuel for next year than it had previously planned, to compensate for delays in the startup of its new Olmeca refinery.

bp Energy Outlook: Two main scenarios see 2025 oil peak, rapid renewables growth

bp expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 the company published on Wednesday.

Gulf Energy Information appoints Catherine Watkins as Chief Commercial Officer to drive market expansion

Gulf Energy Information (Gulf), a premier B2B media company in the global energy sector, proudly announces the transition of Catherine Watkins from Chief Financial Officer (CFO) to Chief Commercial Officer (CCO), effective immediately. This strategic transition aligns with Gulf’s commitment to expanding market share and driving sales growth across key markets.

Aslan Energy signs MoU for 35,000 hectares of Mexico land to propel green H2 and ammonia production

A significant step towards sustainable energy production and environmental preservation was taken by Aslan Energy Capital (Aslan Energy), which signed a memorandum of understanding (MoU) for the acquisition of 35,000 hectares (~86,500 acres) of land in Sonora, Mexico.

OPEC sticks to 2024 oil demand view, sees strong travel season

OPEC is sticking to its forecast for relatively strong growth in global oil demand in 2024 and next year, saying on Wednesday that resilient economic growth and air travel would support fuel use in the summer months.

EIA: Global oil market will be in supply deficit next year

Global oil demand will outpace supply next year, the U.S. Energy Information Administration (EIA) said on Tuesday, reversing a prior forecast for a surplus.

Panama Canal traffic to increase as drought conditions ease

The Panama Canal Authority (APC) has announced that it will increase the number of daily booking slots for vessels transiting the Panama Canal to 35 in August, easing rules that restricted shipping traffic through the narrow waterway since last year.

New DNV survey highlights oil and gas sector paradox

The latest DNV survey, “The Paradox of Petroleum—How the oil and gas sector is transforming through uncertainty,” gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector.

Global Project Data

Hydrocarbon Processing Staff: Nichols, Lee

Spotlight on Asia

Red Sea ships attacks push 47% more crude oil, fuels, refined products around Africa

Global crude oil and oil products shipments taking the long route between Asia, the Middle East and the West are up 47% since attacks began on vessels using the shorter Red Sea route.

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