Refining
IEA ready to further tap global oil reserves if needed, chief says
The 32-member IEA agreed last month to release 400 million barrels of oil from reserves, the largest-ever coordinated release, in a bid to calm oil markets. The U.S., the world's largest oil and gas producer, agreed to release 172 million barrels from its Strategic Petroleum Reserve.
Russia’s Rosneft diverts oil to Tuapse refinery from drone-hit Novorossiysk port
A Ukrainian drone attack sparked a large fire at the Sheskharis oil terminal in the Novorossiysk port last week, damaging two of its main berths and forcing oil exports from the port to halt.
How China is plugging energy supply gaps left by U.S.-Iran conflict
China secured roughly half of its total imports of crude oil, refined fuels, liquefied natural gas (LNG) and liquefied petroleum gas (LPG) from the Middle East in 2025.
Oil tankers steer clear of Hormuz ahead of U.S. blockade
The move followed the collapse of weekend talks between Washington and Tehran, prompting President Donald Trumpto say on Sunday the U.S. Navy would enforce a blockade targeting vessels entering and leaving Iranian ports, even as Washington stressed it would not restrict transit through the strait itself.
- Petrobras selects Honeywell's ethanol-to-jet technology for large-scale SAF plant 4/14
- Technip Energies awarded two FEED contracts by SOGARA for refinery complex in Gabon 4/14
- SUBLIME Energie inaugurates world's first system capable of liquefying biogas into a renewable fuel 4/14
- Petrobras in talks with Mubadala to buy back Mataripe refinery 4/14
- bp's new CEO to simplify company structure into upstream, downstream units 4/14
- Vitol to invest $130 MM to boost South African storage capacity in Durban 4/14
