Refining
India's Bharat Petroleum, HPCL Mittal buy Venezuelan oil
The heavy oil, purchased through two separate deals, is planned to be co-loaded on a very large crude carrier to save on shipping cost, and will boost India's imports of Venezuelan crude to at least 6 MMbbl through April.
MOL sources alternative oil supplies as Druzhba pipeline outage drags
Hungary's MOL group has ordered tankers delivering Saudi, Norwegian, Kazakh, Libyan and Russian oil to supply its Hungarian and Slovak refineries and halted diesel supplies to Ukraine as it scrambles to overcome an outage of the Druzhba pipeline.
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.
- E.ON selects Capsol for carbon capture feasibility study in Norrköping 6/15
- Kent awarded construction management services contract in Angola 6/15
- China sets sights on heavy truck electrification in blow to diesel demand 6/15
- Fragile Iran deal offers oil relief, but Hormuz risks remain 6/15
- U.S. refiners can still absorb more Venezuelan oil, Energy Secretary Wright says 6/15
- Britain says full import ban on Russian diesel, jet fuel will happen by 2027 6/15
