Refining
Eni and five other oil companies fined by Italian competition watchdog
The regulator said that fines totaling more than €936 MM ($1.1 B) had been levied against Eni, Esso, Italiana Petroli (IP), Q8, Saras and Tamoil.
Nigeria's oil union orders halt of gas supply to Dangote refinery over mass sackings
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) directed branches at major oil firms to enforce an immediate halt to crude and gas deliveries to the refinery.
ReElement Technologies expands Noblesville refinery by 141% to accelerate rare earth and critical mineral production
American Resources Corp., through its holding in ReElement Technologies Corp., a U.S. innovator in rare earth element (REE) and critical mineral refining, announced the 141% expansion of its Noblesville critical mineral refining facility.
After sanctions, Indian oil refiner Nayara's exports find new markets
The privately-owned company halted exports for about two weeks after it was sanctioned by the European Union on July 18 for dealing in Russian oil.
Opinion: Ukraine strikes on Russian oil might be too successful for Trump’s liking
The conflict between Russia and Ukraine that began in 2022 took a sharp turn in recent weeks as Kyiv began to launch waves of drone attacks on Russian refineries, pipelines and export terminals.
Hungary's MOL to restart crude exports from Iraq's Kurdistan
MOL expects the crude oil pipeline connecting the region to Turkey's port of Ceyhan to reopen in the coming days.
Eni unveils new biorefinery project in Sannazzaro de’ Burgondi
Eni announced that it has received approval from the Italian Ministry of the Environment and Energy Security to convert selected units at the Sannazzaro de’ Burgondi (Pavia) refinery into a biorefinery.
Russia to partially ban diesel exports, extend gasoline restrictions after Ukrainian drone attacks
The attacks have reduced Russian oil refining by almost a fifth on certain days and cut exports from key ports. The fall in capacity to refine oil has pushed Moscow close to reducing crude output. Several Russian regions are facing shortages of certain grades of fuel.
India fuel exports surge to multi-year highs on higher refinery runs, ethanol blending
Refiners in India, which sources about a third of its crude from Russia, are boosting runs and redirecting surplus barrels abroad.
- Indian Oil buys first Colombian oil under Ecopetrol contract 12/31
- Ukrainian drone attack sparks fire, damages equipment at Tuapse refinery 12/31
- Chile's $2.5-B Volta green ammonia project wins environmental permit 12/31
- China begins issuing second batch of 2026 crude import quotas to refiners 12/31
- EIA: U.S. crude, fuel inventories rose in the week ended December 19 12/30
- Ghana's Tema oil refinery restarts after 9-yr shutdown 12/30
