Ukrainian forces hit Russia’s third-largest oil refinery with a drone strike on Tuesday but with no critical damage. This time the target was a unit of the Taneco refinery in Tatarstan. The refinery is a […]
Ukrainian drones hit the primary refining unit of Russia’s third-largest refinery southeast of Moscow more than 800 miles from the front line, Reuters reported on Tuesday. The Taneco refinery of Russian company Tatneft in Tatarstan, an industrialized […]
LONDON, March 28 (Reuters) – More than a fifth of global oil refining capacity is at risk of closure, energy consultancy Wood Mackenzie found in analysis published on Thursday, as gasoline margins weaken and the […]
Americans are feeling pain at the gas pump again, and consensus is rising that the pain won’t be easing anytime soon. If traders, analysts and industry executives are right, consumers could be looking back on […]
Daily Standup Top Stories Colorado lawmakers adopt cuts, hard choices as state faces $170 million budget shortfall March 27, 2024 Mariel Alumit Between March 15 and March 21, the six members of the Joint Budget Committee — […]
March 26 (Reuters) – U.S. oil refiner Phillips 66 (PSX.N), is exploring a sale of its 25% stake in the Rockies Express Pipeline that it hopes could be worth more than $1 billion, including debt, people […]
US oil prices have recently jumped above the $80 a barrel mark – the highest level since late 2023, sending worrying signals to the Federal Reserve and overly anxious White House. The surge in WTI […]
Czech conglomerate ÈEZ Group is acquiring a 55.21 percent stake in GasNet, the Czech Republic’s leading gas distribution infrastructure operator, in a move to transition from coal-powered energy generation to natural gas and hydrogen. CEZ […]
PetroChina’s Guangdong Petrochemical in southern Guangdong province will receive a Venezuelan Merey crude cargo around March 23, a source with close knowledge of the matter said March 21. The shipment will be the first Venezuelan […]
The EU’s industrial output as a share of total GDP will decline as a result of persistently high energy prices, the head of the world’s largest chemicals company has said, adding that such a […]
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