Refining
India's Chennai Petroleum Corp to raise capacity at key Manali refinery
The company is a subsidiary of the country's top refiner, the state-run Indian Oil Corp., and sells almost all of its transportation fuels - diesel and gasoline - to its parent, which has a robust local retail network.
China oil demand to plateau between 2025 and 2030
Apparent consumption of oil is expected to reach 760 MMt in 2025, up 0.9% on the year, he added, but demand is set to stabilize next year and stay above 700 MMt until 2030.
Germany's PCK refinery says no impact from pipeline leak
PCK said early estimates put the oil spill at 200 m3 (7,000 ft3) over an area of 2 hectares (5 acres) and environmental damage to soil and water was being assessed.
India imports more Russian crude, but mix of buyers shifts
While the South Asian nation's appetite for Russian crude has not been diminished by the U.S. sanctions against top Russian producers Lukoil and Rosneft, what has changed is the mix of buyers.
Opinion: Trump sanctions on Lukoil, Rosneft could reshuffle global oil map
When President Donald Trump in October slapped sanctions on Rosneft and Lukoil, which together account directly or indirectly for around two-thirds of Russia’s oil exports, the U.S. struck at the core of the Kremlin’s revenue base.
HF Sinclair forecasts lower CAPEX in 2026 on reduced maintenance costs
U.S. refiners have been focusing on maintenance activities after operating at breakneck capacity in 2022 following supply shortages stemming from Russia's invasion of Ukraine.
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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

