Refining
U.S. judge blocks Michigan from shutting down Enbridge's Line 5 oil pipeline
The decision comes five years after Michigan Governor Gretchen Whitmer revoked an easement allowing Canadian company Enbridge to operate a 6.4-km (4-mile) stretch of aging pipeline underneath the Straits of Mackinac, which connect Lake Michigan and Lake Huron, citing risks to the environment in the event of a spill.
India's Chennai Petroleum Corp to raise capacity at key Manali refinery
The company is a subsidiary of the country's top refiner, the state-run Indian Oil Corp., and sells almost all of its transportation fuels - diesel and gasoline - to its parent, which has a robust local retail network.
China oil demand to plateau between 2025 and 2030
Apparent consumption of oil is expected to reach 760 MMt in 2025, up 0.9% on the year, he added, but demand is set to stabilize next year and stay above 700 MMt until 2030.
Germany's PCK refinery says no impact from pipeline leak
PCK said early estimates put the oil spill at 200 m3 (7,000 ft3) over an area of 2 hectares (5 acres) and environmental damage to soil and water was being assessed.
India imports more Russian crude, but mix of buyers shifts
While the South Asian nation's appetite for Russian crude has not been diminished by the U.S. sanctions against top Russian producers Lukoil and Rosneft, what has changed is the mix of buyers.
Opinion: Trump sanctions on Lukoil, Rosneft could reshuffle global oil map
When President Donald Trump in October slapped sanctions on Rosneft and Lukoil, which together account directly or indirectly for around two-thirds of Russia’s oil exports, the U.S. struck at the core of the Kremlin’s revenue base.
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- RWE to invest €17 B in the U.S. to power data centers 3/13
- 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
