Crude oil

GEA launches enzymatically enhanced GEA eTOP degumming solution

Booming U.S. energy exports draw scrutiny as domestic fuel prices bite

U.S. exports of gasoline, diesel, crude oil, LNG, jet fuel and ethane all surged to record highs so far in 2026 as energy firms capitalized on the disruptions to Middle East shipments and catered to urgent orders from customers around the world.

Australia's Viva Energy expects to restart Geelong refinery units in June

China's Commerce Ministry blocks U.S. sanctions against five refineries

Iraq starts work on Basra-Haditha oil pipeline

About $1.5 B has been allocated for the project, although its pace will depend on securing further budget allocations.

Lummus Technology selected for major ethanol-to-jet SAF project in India

Trump signs order authorizing oil pipeline project partially reviving Keystone XL

The pipeline, proposed by Canadian pipeline company South Bow and its U.S. partner Bridger Pipeline, could increase Canada's crude exports to the U.S. by more than 12% if it goes ahead.

Repsol plans to boost jet fuel output as Iran war disrupts global supply

The company expects to produce between 560,000 and 570,000 barrels of oil equivalent per day (boed) in 2026, which could increase, depending on improvement in Venezuela.

Indian refiners' March crude processing slips 1.8% from a year earlier

India's Russian oil imports in March surged to a record 2.25 MMbpd, and are set to remain near record highs in April and May following a new U.S. waiver allowing countries to buy sanctioned Russian oil at sea for about a month, traders said last week.

Sinopec refinery utilization drops, but chemical exports rise due to Iran war

Sinopec, the world's biggest refiner by capacity, cut refinery utilization rates between January and March by 7.6% on an annualized basis to average at around 83%.