Refining
India's Reliance buys 5 MMbbl of Iranian oil after U.S. waiver
Iranian oil, which in recent years has mainly been bought by Chinese independent refiners, is often rebranded as originating from another country.
Iran war deals harder blow to natural gas than oil
Key gas infrastructure - liquefaction plants in particular - is more complex and expensive to build and repair than the oil equivalent. That means oil refineries can often resume operations more quickly than liquefied natural gas export hubs after a shutdown.
Schneider Electric global study shows energy industry ramping up investment in autonomous operations by 2030 as AI reshapes performance
The study of 400 senior energy and chemicals executives across 12 countries shows a sharp rise in urgency around autonomy.
HWI officially opens state-of-the-art Fulton (U.S.) lightweight monolithics facility
The greenfield investment increases HWI’s lightweight monolithics production capacity and reinforces its commitment to reliable, innovative, and sustainable solutions for customers across the Americas.
Refiners in India, elsewhere in Asia look to buy Iranian oil after U.S. waives sanctions
The Trump administration on Friday issued a 30-day sanctions waiver for the purchase of Iranian oil already at sea, U.S. Treasury Secretary Scott Bessent said.
China's Sinopec will not buy Iranian oil, wants to tap state reserves
The world's largest refiner usually sources roughly half of its crude oil needs from the Middle East, making it particularly exposed to the near-closure of the Strait of Hormuz amid the U.S.-Israeli war on Iran.
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