Refining
China's Nanshan Group plans 100,000-bpd refinery in Indonesia
Chinese firms have been looking to set up refineries in Southeast Asia, where fuel demand is growing steadily while China's domestic oil consumption peaks due to rapid electrification of the automotive fleet.
India's Russian oil imports down in January amid trade talks with U.S.
On Monday, U.S. President Donald Trump announced a trade deal with India to cut tariffs to 18% from 50% in exchange for New Delhi halting Russian oil purchases and lowering trade barriers.
Nigeria’s Dangote Refinery to begin full‑capacity tests in February
Africa's largest oil refinery began operations in 2024 and has been running at about 450,000 bpd–485,000 bpd during its startup phase amid difficulties securing sufficient local crude as it ramps up to full capacity.
Russia's diesel exports jump 19% in January m/m
Exports however were 4.6% below the level of January 2025 as maintenance, drone attacks and other factors affected output.
U.S. authorizes U.S. diluent supply to Venezuela oil sector
Diluents are a key fuel needed to produce exportable crude oil grades.
Brazil on track for ethanol production jump in 2026
Healthy ethanol prices, expansion of corn ethanol plants and an expected large sugarcane crop will lead to a jump this year in output of the biofuel in Brazil.
- 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
