Refining

Japan's oil and gas independence climbs to highest since 2009

The rise to the highest since 2009 is attributed to progress in energy development projects involving Japanese firms and a decline in oil and gas imports.

Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion

The additional equipment is expected to support major projects under construction across refining, petrochemicals, agriculture and infrastructure.

Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure

The refinery - located in Priolo, Sicily - entered the procedure early last year to negotiate with creditors, after its ownership shifted from Russian oil group Lukoil to Cypriot private equity fund G.O.I. Energy.

Trump EPA ends emissions limits for U.S. automakers; state rules, lawsuits could follow

Trump's Environmental Protection Agency (EPA) on Thursday finalized its repeal of the "endangerment finding" for vehicles, a 2009 determination that greenhouse gas emissions endanger human health.

HAMR Energy receives additional funding for low-carbon liquid fuels projects

NASCAR names POET official bioethanol partner: Becomes first major motorsports series to utilize zero-carbon bioethanol

Geoinform, subsidiary of the MOL Group, signs strategic cooperation agreement with Baker Hughes

The collaboration aims to introduce state-of-the-art, innovative oil and gas technologies capable of meeting emerging market demands and significantly increasing the operational efficiency of the industry.

Hungary asks Croatia for help after Russian oil flows via Ukraine halted

A Russian attack on the Druzhba pipeline in Ukraine on January 27 knocked out flows to Eastern Europe.

U.S. refiner Valero to import up to 6.5 MMbbl of Venezuelan crude in March

Valero was among the first U.S. refiners to resume imports of Venezuelan crude after the United States struck a flagship $2-B oil supply deal with the country's interim government and began to ease sanctions.

Suffocating Western pressure may finally force Russian oil output cuts

Moscow has successfully redirected most of its seaborne crude to China, India and Turkey, often relying on a “shadow fleet” of aging, uninsured tankers to circumvent restrictions while offering steep discounts.