Refining
Equinor has no spare oil and gas capacity, CEO says
The U.S.-Israeli attacks on Iran and the latter's retaliatory strikes across the Middle East have disrupted around a fifth of global oil and liquefied natural gas supply along the Strait of Hormuz, a key chokepoint for Gulf state exports.
USW members vote to reject bp's ‘final’ offer to Whiting refinery workers
The U.S. United SteelWorkers (USW) union members voted on Thursday to overwhelmingly reject what energy giant bp called its "last, best, and final" contract proposal to those working at its Whiting refinery in Indiana (U.S.).
Top global refiner Sinopec to cut crude runs by over 10% on Mideast supply squeeze
The cuts by state-owned Sinopec, which accounts for a third of China's refinery output, are part of Beijing's widening measures to curb oil supply disruptions due to Iran's blockage of the Strait of Hormuz, a conduit for 20% of the world's oil.
Japan to consider whether to buy Russian crude following U.S. sanctions waiver
The U.S. waiver allows countries to buy sanctioned Russian oil and petroleum products currently stranded at sea, in what Treasury Secretary Scott Bessent said was a step to stabilize global energy markets, which have been roiled by the Iran war.
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- Petrobras' refineries operating at 97% of capacity 3/13
- ABB open to pursuing more than one multi-billion-dollar acquisition this year 3/13
- USW rejects bp's final offer to Whiting refinery (U.S.) workers 3/13
- Equinor has no spare oil and gas capacity, CEO says 3/13
