Refining
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.
Larsen & Toubro wins order for hydrocarbon onshore business
The project, to be delivered entirely on a lump sum turnkey basis, comprises engineering, procurement, construction and commissioning (EPCC) of a liquefied natural gas (LNG)/ethane double-wall storage tank with a capacity of 170,000 m3 and a propane double-wall storage tank with a capacity of 140,000 m3 at the Dahej Petrochemical Complex in Gujarat.
- Transitional Industries and CFEnergia sign feedstock supply contract for $3.3-B Pacifico Mexinol project 2/17
- Neste and World Fuel Services extend partnership, expanding SAF availability at more than 100 airports in Europe 2/17
- U.S. refined product exports by tanker increase to > 6.3 MMbpd in January 2/17
- Japan's oil and gas independence climbs to highest since 2009 2/17
- Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion 2/17
- Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure 2/17
