Crude oil

Indian refiners shift oil strategy; trim Russian buys and turn to the Middle East

Indian refiners shift oil strategy, trim Russian buys and turn to Middle East

Indian refiners are redrawing crude import strategies to shift away from top supplier Russia and boost imports from the Middle East, a move that could help New Delhi clinch a trade deal with the United States to lower tariffs.

India's HPCL to begin crude processing at Barmer refinery by end of month

With the commissioning of the Barmer refinery, HPCL will become the second largest state-run refiner, replacing Bharat Petroleum Corp., which operates 706,000 bpd of capacity through its three refineries.

Gazprom Neft provisionally agrees to sell NIS stake to Hungary's MOL

NIS supplies about 80% of Serbia's fuel market and holds around half of the retail segment.

China's fuel oil imports slip in 2025 on weaker demand from refineries

China's demand for fuel oil typically comes from independent refiners, which can opt to use it as an alternative feedstock when they run out of crude-oil import quotas.

With refining spin off, Galp focuses on growing upstream in Brazil, Namibia

The company said earlier this month it was in talks with private equity-backed Moeve to combine their businesses in two new entities - one focusing on retail and another on refining.

Dangote awards refinery expansion contract to EIL

China's 2025 refinery throughput, crude and gas output hit new highs

Key U.S. energy, power trends at home and on world markets

Overseas, the U.S. is set to cement its position as the largest and most influential exporter of crude oil and natural gas, which continue to underpin a vast majority of global energy systems and generate massive earnings for the U.S. Treasury.

India's Nayara Energy buys only Russian oil in Dec for 5th straight month

Nayara, part-owned by Russian oil major Rosneft, operates a 400,000-bpd refinery at Vadinar in the state of Gujarat.