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You Searched For "refineries" and got 20 results


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US gas prices will surge even higher thanks to shrinking stockpiles and refinery bottlenecks, Rystad Energy says

Wholesale gas prices fell this week, but the drop is only temporary, Rystad said. It expects supply…

Harry Robertson   


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3 mins read

Bottlenecks at oil refineries have sent US gas prices soaring to top $5 a gallon and the crisis is unlikely to end soon

The surge in gas prices is hurting American drivers — and President Joe Biden. But analysts s…

Harry Robertson   


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Russian oil exports to Italy have more than quadrupled due to unintended consequences of Western sanctions

Russia has exported about 450,000 barrels per day of crude to Italy this month, the most since 2013.

Brian Evans   


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2 mins read

Video appears to show Ukrainian kamikaze drone attack on oil refinery in Russia

The apparent attack on the Novoshakhtinsk oil refinery caused a large fire and forced it to pause o…

Sinéad Baker   


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Germany's takeover of Russian refineries frees the nation from dependence on Moscow, Chancellor Olaf Scholz says

"We are making ourselves independent of Russia, and any decisions that are taken there," Scholz sai…

Phil Rosen   


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A German refinery partly owned by Moscow has started mixing US oil with Russian crude

The refinery in Schwedt is partly owned by state-run energy giant Rosneft and has long relied on Ru…

Phil Rosen   


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Germany seizes control of 3 oil refineries owned by Russian giant Rosneft to brace for winter energy crisis

Germany said the seizure "counteracts the impending threat to the security of the energy supply" af…

Zahra Tayeb   


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3 mins read

Theron Mohamed   


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India to release 5 million barrels of crude oil from strategic reserves on US request

This is the first time ever that India, which stores 5.33 million tonnes or about 38 million bar…

PTI   


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A Bill Gates fund invested $50 million in a startup that's building a massive refinery to turn alcohol into jet fuel

LanzaJet, which makes jet fuel from ethanol, received the grant from the Gates-led Breakthrough Ene…

Stephen Jones   


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Wildlife officials have found more than 100 birds covered in oil after Hurricane Ida caused a spill at a refinery

Alligators, river otters, and nutria - large, semiaquatic rodents - have also been found covered in…

Kelsey Vlamis   


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Drivers could see gas prices surge to nearly $7 a gallon in some US states as refinery issues bite supply and Chinese demand bounces back, GasBuddy says

"2023 is not going to be a cakewalk for motorists. It could be expensive," said Patrick De Haan, he…

Zahra Tayeb   


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BPCL supplies free oxygen, opens 100-bed make-shift COVID treatment centre at Kochi Refinery premises

100-bed make-shift COVID treatment centre opens today at Kochi refinery premises .@BPCLimited wi…

PTI   


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BP has purged its European refineries of Russian oil and expects to be rid of most long-term contracts with the Kremlin by year's end

"We're working incredibly hard to eliminate Russian molecules from the system," BP CEO Bernard Loon…

Brian Evans   


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Your morning coffee is about to get more expensive

The US is running low on coffee due to a drought in Brazil and congested shipping ports. Say goodby…

Hillary Hoffower   


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Over 5 million barrels of US reserve oil were exported to Asia and Europe last month as domestic refineries run at full capacity, report says

The exports follow similar shipments of Strategic Petroleum Reserve crude in April, when three ship…

Brian Evans   


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ONGC set to merge refining subsidiary MRPL with HPCL by June 2021

Sources said that the process of merging ONGC's two oil refining subsidiaries, HPCL and MRPL, wi…

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Oil's worst turbulence since 'Black April' has passed, the IEA says, even as coronavirus cases surge and inventories grow

The oil market has made some headway since "Black April," when prices turned negative for the first…

Shalini Nagarajan   


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Oil refineries improve run rate; Reliance cuts crude processing for 3rd straight month

RIL refineries processed 5.312 million tonnes of crude oil in May, down 12.5 per cent over the…

PTI