Refining

Refiners in India, elsewhere in Asia look to buy Iranian oil after U.S. waives sanctions

The Trump administration on Friday issued a 30-day sanctions waiver for the purchase of Iranian oil already at sea, U.S. Treasury Secretary Scott Bessent said.

China's Sinopec will not buy Iranian oil, wants to tap state reserves

The world's largest refiner usually sources roughly half of its crude oil needs from the Middle East, making it particularly exposed to the near-closure of the Strait of Hormuz amid the U.S.-Israeli war on Iran.

ANDRITZ to supply refining technology for cellulosic ethanol pilot plant in the U.S.

Shell says Pearl GTL facility's train two in Qatar requires around a year for full repair

Serbia secures U.S. sanctions waiver for its NIS oil firm

NIS operates Serbia's only oil refinery in the town of Pancevo, just outside Belgrade and is the biggest supplier and fuel retailer in the Balkan country.

India’s Reliance buys about 155,000 bpd Russian oil after pause

The private refiner's overall imports in February rose marginally from last year to 1.37 MMbpd.

China's Sinochem cuts refinery runs, seeks prompt-delivery crude

Sinochem has also been trying to buy spot cargoes from bonded storage for prompt delivery to cover its "immediate" requirements for the 300,000-bpd Quanzhou plant.

Prices for oil, fuel cargoes smash record highs as Iran war chokes Middle East supply

Surging oil prices in physical markets — the trading place for oil on ships, rail cars or in storage tanks — have outpaced the already dizzying increases in benchmark futures markets, as refiners and traders across Asia and Europe are snapping up whatever barrels they can secure to plug the enormous supply gap caused by the U.S.-Israeli war on Iran.

BASF starts up the world’s first production plant for 3D-printed catalysts in Ludwigshafen

Haffner Energy receives rapid bookings for CORE100 clean-fuel production units