Refining
Indian Oil Corp. says diesel, gasoline sales up more than 13% in Apr 1–21
IOC, India’s top fuel retailer and refiner, is meeting the local demand through its over 42,000 fuel stations.
Shell to acquire Canada's ARC in output-boosting $16.4-B deal
ARC's production lies near Shell's existing Canadian fields which feed into the LNG Canada plant, in which Shell holds a 40% share and whose liquefied natural gas can reach Asian buyers more quickly than most other North American LNG.
Brazil to start tests for diesel blend containing 20% biofuel in May
U.S.: Trump grants 90-day Jones Act waiver extension to curb energy costs
The move reflects a broader push by the White House to dampen politically sensitive fuel price spikes ahead of November’s midterm elections, where affordability is expected to be a defining issue for voters.
Cosmo tanker could reach Japan on Sunday with first U.S. shipment post-Iran war
The tanker, loaded in Texas (U.S.) on March 22, is due to arrive off Chiba as early as on April 26 via the Panama Canal.
Russian ESPO premiums ease on weak Chinese refining margins
Spot premiums for Russia's Far East ESPO Blend crude oil delivered to China in June have eased as weak refining margins curbed demand from independent refiners.
Fire brought under control at Russia's Tuapse oil terminal
Ukraine has increased attacks on Russia's energy infrastructure as the U.S., which had brokered peace talks to stop the conflict with Russia, has shifted its focus to the war in Iran.
Siemens and Shomax expand U.S. fertilizer production with zero-carbon green ammonia
The signed memorandum of understanding (MOU) is designed to reduce U.S. reliance on imported nitrogen fertilizer, currently accounting for roughly 18% of domestic supply, while helping stabilize cost for farmers and supporting long-term U.S. food security.
- Bechtel greenlit for Sabine Pass Liquefaction expansion in Southwest Louisiana (U.S.) 5/29
- Philippines receives rare Iranian crude cargo after wartime disruption 5/29
- Gazprom and Sibur resume talks on possible ethane project to supply additional feedstock to the Kazanorgsintez petrochemicals plant 5/29
- European Commission debates policy shift to protect industry from China 5/29
- Mitsui seeks LNG investments to meet power demand from data centers 5/29
- Kenyan government backs Gulf fuel supply deals after opposition criticism 5/29

