Crude oil
Australia releases petrol and diesel from emergency reserves
Energy Minister Chris Bowen said the move to allow the release of up to 20% of the baseline minimum stockholding obligation is equivalent to up to 762 MM liters (l) of petrol and diesel.
Iraq asks KRG to help pipe crude oil to Turkey
The Kurdistan Pipeline Company operates Iraqi Kurdistan's main oil pipeline, which transports crude from northern Iraq to a border connection point with the Iraq–Turkey pipeline.
IEA announces record release of strategic stocks in response to Iran war oil price surge
The IEA said the release had been backed unanimously by 32 member countries, the sixth such move it has made since its creation in the 1970s.
UAE oil giant ADNOC's Ruwais refinery shut as precaution after drone strike
Abu Dhabi authorities were responding to a fire at the facility following a drone attack.
Taiwan's Formosa Petchem issues force majeure as Iran war disrupts feedstock delivery
For refined fuel products such as diesel, jet fuel and gasoline, the company is still proceeding with its export deliveries for March and April, although there is likely to be no spot availability for April.
Iran war causes major oil, gas disruptions
The U.S.-Israeli war on Iran and Tehran's attacks on Gulf neighbors have disrupted oil and natural gas exports from the Middle East and forced production stoppages.
- Southern Energy Renewables and Axens Sign MoU to advance SAF projects in Louisiana and beyond 4/8
- One of the largest heat pumps in the world has reached BASF's Ludwigshafen site 4/8
- LANXESS introduces surcharge for Lewatit ion exchange resins 4/8
- HyOrc secures industrial site and accelerated permitting path for Portugal green methanol project 4/8
- India raises HPCL Rajasthan Refinery project cost to $8.6 B 4/8
- Iranian Oil Refining Co. confirms attack on Lavan refinery 4/8
