Refining
Brazil to phase out subsidy for diesel more slowly than for gasoline, minister says
Brazil's government will take longer to phase out its diesel subsidy than the gasoline benefit, reflecting concerns the process must be handled carefully, even after the drop in global oil prices, to avoid price shocks or fuel shortages.
India seeks to quell public backlash on ethanol-mixed fuel after 'experiment' remark
The mandate to use the blend, called E20, came into force last year but is now one of the biggest political flashpoints for Prime Minister Narendra Modi's government and motorists in the world's third-biggest car market.
Venezuela's largest refinery in service after power outage following earthquake
Venezuela's 645,000-bpd Amuay refinery, the country's largest, was back in service on Friday.
U.S.-Iran war still trails the 1979 oil shock by total losses
Unlike previous crises, the Iran war has simultaneously disrupted crude oil, natural gas, refined fuels and fertilizer supplies, exposing vulnerabilities created by decades of rising energy demand, globalized trade and the Middle East’s growing role as a supplier of finished fuels.
Opinion: Putin's diesel export ban risks new fuel shock
The energy-dense fuel sits at the heart of global economic activity, powering heavy transport, industry and agriculture — from trucks and shipping to construction machinery and tractors.
Nigeria becomes first OPEC member to join IEA as associate member
The move adds to the IEA's network a country of more than 240 MM people that is a major oil and gas exporter but still faces severe domestic energy challenges, including limited electricity access and reliance on polluting cooking fuels.
Trump biofuel goals hit reality as U.S. plants lag
The Environmental Protection Agency (EPA), which administers U.S. biofuel policy, set record biofuel blending targets for 2026 under the Renewable Fuel Standard.
Saudi Aramco ramps up exports from Ras Tanura, switches to spot sales
Saudi Aramco resumed loadings from Ras Tanura, the world's largest oil port, on Friday after a halt of nearly four months.
- Brazil to phase out subsidy for diesel more slowly than for gasoline, minister says 7/3
- Chinese independent refiners snap up discounted Mideast oil as supplies rise 7/3
- India refiner Nayara's gasoline sold to Russia via traders 7/3
- India seeks to quell public backlash on ethanol-mixed fuel after 'experiment' remark 7/3
- Venezuela's largest refinery in service after power outage following earthquake 7/3
- U.S.-Iran war still trails the 1979 oil shock by total losses 7/3
