Crude oil

Global shipping industry sticks with green investments, despite carbon price delay

Europe, Brazil and a host of other nations are pushing the sector, which is responsible for nearly 3% of the world's greenhouse gas (GHG) emissions, to go green.

Rosneft oil refinery in Germany warns of risks from U.S. sanctions

In a January letter, management of the PCK Schwedt refinery, controlled by Rosneft, made an "urgent appeal" to economy and energy minister Katherina Reiche to resolve a standoff with the United States over the refinery's future.

bp's Gelsenkirchen refinery attracts buyer's interest from Klesch

Digital Exclusive: Innovative grassroots CDU-VDU configuration—Pioneering energy efficiency and net-zero pathways in modern refineries

This article introduces a CDU-VDU configuration tailored for grassroots refineries, decoupling stripping and rectification sections via a dedicated flash drum to enable steam-free rectification.

Indian refiners avoid Russian oil in push for U.S. trade deal

The U.S. and India moved closer to a trade pact on Friday, announcing a framework for a deal they hope to conclude by March that would lower tariffs and deepen economic cooperation.

Tampnet brings mission-critical connectivity to hydrocarbon processing industries

EU proposes service ban for Russian oil exports in new sanctions package

Russia exports over a third of its oil in Western tankers - mostly to India and China - with the use of Western shipping services.

Mexico seeking way to send fuel to Cuba without being hit by U.S. tariffs

The sources said high-level Mexican officials have been talking to U.S. counterparts in order to gain clarity on the scope of the tariff threat outlined by President Donald Trump in an executive order and see whether there was a way to deliver the much-needed fuel.

Baker Hughes to provide downstream chemicals for Marathon Petroleum refineries, becoming preferred provider across North America

About 2 MMbbls of Venezuelan oil being shipped to Spain's Repsol for refining