The Varying Diesel Specifications and Their Global Significance.
Recognizing the detrimental impacts of sulphur, governments worldwide have progressively lowered acceptable limits in diesel fuel. While the overarching goal is to reduce pollution and improve air quality, the stringency of regulations varies considerably read more.
The Unsung Heroes of Oil & Gas Trade Deals
While the price per barrel or cubic foot often dominates headlines, a crucial, yet often overlooked, aspect of any successful trade deal lies in the intricate world of Delivery Terms. These terms, also known as Incoterms (International Commercial Terms), dictate the responsibilities and risks associated with the transportation of goods, and their implications can be profound for both buyers and sellers in the oil and gas sector. read more
Why KYC Is Crucial In The Petroleum Industry
KYC, a seemingly simple acronym for "Know Your Customer," is far more than a banking compliance formality. In the petroleum trade, it acts as a powerful guardian, safeguarding against a range of risks, from financial crime to breaches of international sanctions. read more.
Why Crude Oil is Heavily Regulated Around the Globe
Crude oil is a key component of GDP for many nations. Fluctuations in its price can trigger inflation, economic downturns, and even political instability. Governments intervene to manage supply, stabilize prices, and ensure a reliable energy supply for their citizens and industries. read more
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