Refining

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.

VaroPreem CEO: Refining is 'critical infrastructure' for Europe

Europe built its last major refinery in 1975 and has shut dozens of facilities over the past 30 yrs as its oil production declined and its aging plants struggled to compete with modern facilities in China, India and the Middle East.

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.

John Crane celebrates 50 years of dry gas seals

Emerson advances software-defined automation with latest control system release

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.

Russian-owned, U.S.-sanctioned NIS restarts Serbia refinery

Orlen to build 40-MW solar farm next to Plock refinery