Refining
Mali strikes deal with Russia for petroleum products
Jama'at Nusrat al-Islam wal-Muslimin (JNIM) militants announced a blockade on fuel imports to the landlocked West African country in early September and have since attacked convoys of fuel tankers attempting to enter the country or reach the capital.
Ukrainian strikes on Russian refineries drive fuel price rise in Tajikistan
Monitoring on Friday showed that fuel prices in Tajikistan's capital, Dushanbe, had risen significantly since the beginning of October.
China's Satellite Chemical pauses ethylene project amid U.S. trade tensions
The new cracker, costing roughly $1 B and with a capacity of up to 1.5 metric MMtpy would process ethane into ethylene, a key petrochemicals building block.
Reliance Industries says it will adapt refinery operations to meet sanctions parameters
Reliance Industries says it is assessing Western sanctions against Russia, and will comply with EU regulations on the supply of fuels.
Berlin seeks to shield Rosneft's German arm from U.S. sanctions
Rosneft's German business is controlled by German authorities but Russian-owned. It is a key supplier, routing and refining oil to petrol pumps and some airports in Europe's biggest economy.
EIA: U.S. crude, fuel inventories fall on robust refining and demand
U.S. crude oil, gasoline and distillate inventories fell last week as refining activity and demand strengthened, the U.S. Energy Information Administration (EIA) said.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
