Refining
Tanker carrying Venezuelan heavy oil departs to Louisiana (U.S.)
This month, trading houses Vitol and Trafigura received the first U.S. licenses to load and export Venezuelan oil as part of the deal. They have since shipped cargoes to storage terminals in the Caribbean, and from there they have been marketing and selling the crude to refiners worldwide.
Plug Power completes installation of 100-MW GenEco electrolyzer units at Galp’s Sines refinery
Plug Power has announced the successful completion of the installation of 100 MW of PEM GenEco electrolyzers at Galp’s Sines Refinery, marking a major milestone in one of Europe’s largest renewable hydrogen projects.
India says state-run BPCL to sign $780-MM oil deal with Brazil's Petrobras
Indian refiners are redrafting their oil import strategies, buying more oil from Middle Eastern, African and South American countries to make up for a reduction in Russian oil supplies.
Russian oil exports to China surge in January as India, Turkey cut buying
The United States and the European Union imposed sweeping sanctions in late 2025 targeting Russian oil sellers and shippers, including energy giants Rosneft and Lukoil, complicating purchases for global buyers and tightening scrutiny on Russian crude exports.
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
