Economics

VaroPreem CEO: Refining is 'critical infrastructure' for Europe

Europe built its last major refinery in 1975 and has shut dozens of facilities over the past 30 yrs as its oil production declined and its aging plants struggled to compete with modern facilities in China, India and the Middle East.

China's 2025 refinery throughput, crude and gas output hit new highs

ADNOC Gas signs $3-B, 10-yr LNG deal with Hindustan Petroleum Corporation Limited

Key U.S. energy, power trends at home and on world markets

Overseas, the U.S. is set to cement its position as the largest and most influential exporter of crude oil and natural gas, which continue to underpin a vast majority of global energy systems and generate massive earnings for the U.S. Treasury.

India's Nayara Energy buys only Russian oil in Dec for 5th straight month

Nayara, part-owned by Russian oil major Rosneft, operates a 400,000-bpd refinery at Vadinar in the state of Gujarat.

Chinese refiners' 2025 oil imports, December inflows both hit record highs

bp flags up to $5 B in low-carbon energy impairments, redirects spending to oil and gas

Opinion: Win or lose, Trump’s fossil fuel gamble crowns China the clean-energy king

Beijing’s latest five‑year plan underscores its drive for self‑reliance in energy, critical minerals, and advanced technologies such as semiconductors and artificial intelligence.

“The corridor to the future runs through the UAE”: Abu Dhabi powering the AI era with molecules, gigawatts and partnership

China's heavy reliance on Iranian oil imports

Beijing, which is also the biggest buyer of oil from Venezuela and a top importer of oil from Russia, has used purchases from the three countries facing various Western sanctions to save billions of dollars on its import bill in recent years.