Page 84 - Refi News Today

BP PLC on Thursday said it started oil production at Argos, its first platform launch in the U.S. Gulf of Mexico since 2008 and its fifth operating in the basin.

Vietnam's Binh Son Refining and Petrochemical will delay the maintenance at its refinery until next year, and said it expects profits to drop 88% this year due to rising costs, including higher taxes.

Russia boosted gasoline exports by nearly 50% year-on-year in the first quarter, shipping cargoes directly to Africa as it carved out new trade routes after the European Union sanctioned Russian oil, ship tracking data showed.

Guyana's closely watched auction of 14 offshore oil blocks faces a delay with the South American country pushing back the deadline for oil explorers to submit bids to mid-July.

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Benchmark Northwest European diesel refining margins dropped to $17.70 a barrel on Wednesday, their lowest since Feb. 25, 2022, a day after Russia launched its invasion of Ukraine, data showed.

U.S. crude inventories rose unexpectedly last week, the Energy Information Administration said on Wednesday, helped by release of oil from the U.S. government emergency reserve as well as weaker levels of export.

New Delhi [India], April 11 (ANI/ATK): Traditional Finance (TradFi) and Decentralised Finance (DeFi) are opposing financial systems that serve different purposes. TradFi refers to the conventional financial system, which is centralised and controlled by a few entities such as banks, governments, and financial regulators. On the other hand, DeFi, like the cat-themed crypto Big Eyes Coin (BIG), refers to a new system that is decentralised, based on blockchain technology, and eliminates intermediar...

Hungary's foreign minister said on Tuesday that he agreed with Russia that energy giant Gazprom would maintain an option for additional gas shipments to Hungary this year on top of quantities shipped under a long-term deal.

Hungary's foreign minister said on Tuesday that Russian energy giant Gazprom would maintain an option to supply additional gas to Hungary this year on top of the shipments agreed under a long-term deal.