Crude oil
Second tanker to skip fuel loading at sanctions-hit Nayara refinery
Nayara Energy, in which Russia's largest oil producer Rosneft has a 49.13% stake, was hit in a fresh package of sanctions imposed on Friday by the European Union over Russia's war on Ukraine that began in February 2022.
Indonesia's Danantara awards $8-B EPC contract for modular refinery builds
Indonesian sovereign wealth fund Danantara plans to sign an $8 billion engineering, procurement and construction contract with U.S. engineering firm KBR Inc to build 17 modular refineries.
ABB wins a contract to support the electrification of Azerbaijan oil and gas terminal facility
ABB has been awarded a large order by bp, as the operator of the Sangachal terminal in Azerbaijan, to support the electrification and power grid stability of one of the world’s largest oil and gas terminals.
bp-chartered tanker leaves port of Nayara Energy without loading diesel
Oil tanker Talara, chartered by energy major bp, has left the Vadinar port of Indian refiner Nayara Energy without loading diesel as planned
Nigeria's Dangote warns cheap Russian oil products threaten African refineries
Nigerian billionaire Aliko Dangote has warned discounted Russian petroleum products are pouring into African markets and risk undermining the continent's emerging refining industry.
Kazakhstan targets China, India in long-tern fuel production strategy
Kazakhstan, one of fastest-growing oil producers in the world, plans to boost its fuel exports to China, India and Central Asia, pinning its hopes on growing demand in the regions.
U.S. firms to develop Syria energy masterplan after Trump lifts sanctions
U.S.-based firms Baker Hughes, Hunt Energy and Argent LNG will develop a masterplan for Syria's oil, gas and power sector, in a partnership aimed at rebuilding energy infrastructure shattered by 14 years of civil war.
Oil prices rise after new EU sanctions on Russia
The EU reached an agreement on an 18th sanctions package against Russia over its war in Ukraine, which includes measures aimed at dealing further blows to Russia's oil and energy industries.
What's in the EU's 18th sanctions package against Russia?
Here are the details of the European Union's 18th sanctions package against Russia over its war in Ukraine, approved on Friday and aimed at dealing further blows to Russia's oil and energy industry.
EIA: U.S. crude stockpiles fall as exports rise; fuel demand drops
U.S. crude oil stockpiles fell last week as exports rose, while gasoline and distillate inventories rose, prompting some concerns about fuel demand.
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