Refining
Five EU countries call for windfall tax on energy companies
Such a measure could help fund relief for consumers in the face of high energy prices and be a signal that "we stand united and are able to take action", they said.
Nigeria's Dangote refinery boosts exports to ease Africa's supply crunch
Fuel prices in oil-producing Nigeria have reached record-high levels, industry figures show, as maximum output from Dangote refinery has not offset the impact of high crude prices.
Indian refiners postpone maintenance shutdowns to meet local fuel demand
Indian Oil Corp. and Bharat Petroleum Corp. were among the companies that had planned to shut units at some of their refineries for routine maintenance.
Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction
Brazilian state-run oil firm Petrobras has delivered liquefied petroleum gas auctioned off at high prices, even after President Luiz Inacio Lula da Silva said the government would annul it to protect consumers from fuel spikes.
Vietnam refinery boosting jet fuel production
Vietnamese aviation authorities said last week the country's airlines were planning to cut their operations due to fuel shortage.
Morocco has diesel stocks for 51 days, energy ministry says
The unprecedented energy supply disruption that has resulted from war in the Middle East and led to a record monthly gain in international crude prices in March is particularly painful for Morocco, which has no domestic refining capacity.
Nigeria's Seplat Energy hit by strike amid push for higher output
The action by members of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), a union of professional oil staff, follows a breakdown in talks over a 2026 collective bargaining agreement and staff welfare issues.
Ukrainian drone attack shuts crucial unit at Russia's Novo-Ufimsk oil refinery
The CDU-5 distillation unit, which the sources say caught fire, accounts for around 28% of the Novo-Ufimsk refinery's total capacity.
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- 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
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- Kenyan government backs Gulf fuel supply deals after opposition criticism 5/29
