Benchmark European diesel refining margins rose nearly 25% on Monday, to their widest since November 20, as the U.S.-Iran conflict disrupted supplies in the Middle East. Margins traded at $30.75 a ...
A small, isolated fire is under control at Saudi Aramco's 2222.SE Ras Tanura refining facility following what appeared to be a drone strike earlier in the morning, a Semafor reporter said in a post on ...
Asia's jet fuel and diesel cash differentials soared to multi-year highs on Monday, as the markets priced in the risks of supply disruption from a widening conflict in the Middle East, multiple ...
Qatar halted its production of liquefied natural gas on Monday as Israeli and U.S. strikes against Iran and Tehran's retaliation prompted precautionary shutdowns of oil and gas facilities across the ...
S&P Global Platts suspended bids and offers for some price assessments of Middle East crude, refined products and liquefied natural gas (LNG) that ship through the Strait of Hormuz, citing shipping ...
The widening Iranian conflict is disrupting oil flows to several Asian countries as vessels are bottled up within the Middle East Gulf and crude and transport costs are rising, industry sources and ...
Hungary this week blocked new sanctions on Russia and the loan to Ukraine, in response to the stoppage of oil flows through Druzhba.
Eni announces a further important strategic investment in biorefining. In addition to the Priolo project, the final ...
The decision could be unwelcome news for larger oil refiners that have argued that additional blending obligations would raise their costs. But it could help the biofuel industry by boosting demand ...
With 650,000 ft2 of U.S. manufacturing space and significant investments in workforce expansion and production efficiency, ...
On a year-on-year basis, refinery throughput was little changed in January. India is the world's third-biggest oil importer and consumer.
Aramco announced major progress in its ambitious gas expansion strategy, with the start of production at Jafurah, the Middle ...