Crude oil

Croatia must allow Russian oil flows to Hungary and Slovakia, MOL says

MOL has contracted more oil by tankers from various countries, including Russia, to a Croatian port, and both countries are looking to tap emergency crude reserves.

U.S. demands on Europe in the field of energy

This week U.S. Energy Secretary Chris Wright gave the Paris-based International Energy Agency a one-year deadline to abandon its support of goals to reduce planet-warming gas emissions to "net zero" by 2050 or risk losing the United States as a member.

Pall introduces two new technologies to reduce CAPEX and TCO in oil and gas processing

India's Bharat Petroleum, HPCL Mittal buy Venezuelan oil

The heavy oil, purchased through two separate deals, is planned to be co-loaded on a very large crude carrier to save on shipping cost, and will boost India's imports of Venezuelan crude to at least 6 MMbbl through April.

MOL sources alternative oil supplies as Druzhba pipeline outage drags

Hungary's MOL group has ordered tankers delivering Saudi, Norwegian, Kazakh, Libyan and Russian oil to supply its Hungarian and Slovak refineries and halted diesel supplies to Ukraine as it scrambles to overcome an outage of the Druzhba pipeline.

Kazakhstan to build a new $10-B, 10-MMtpy refinery

U.S. EPA expected to send 2026 biofuel blending quotas to White House this week

Digital Feature: How decarbonization is transforming the lube oil industry

Japan's oil and gas independence climbs to highest since 2009

The rise to the highest since 2009 is attributed to progress in energy development projects involving Japanese firms and a decline in oil and gas imports.

Hungary asks Croatia for help after Russian oil flows via Ukraine halted

A Russian attack on the Druzhba pipeline in Ukraine on January 27 knocked out flows to Eastern Europe.