Page 17 - Repi Refining News Today

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.

Saudi Aramco has told at least four customers in North Asia they will receive full contract volumes of crude oil in May, several sources with knowledge of the matter said on Monday.

China's Sinopec , will build a pipeline to transfer hydrogen from renewable energy projects in China's northwestern Inner Mongolia region to cities in its east, according to a report in state media outlet Xinhua on Monday.

Exxon Mobil is poking around in the wrong area. Buying Pioneer Natural Resources would cost a chunky $64 billion. The implied return on investment looks healthy enough under conventional parameters, according to Breakingivews calculations. These days, however, the bar is higher.

A group of investors with $1.1 trillion in assets under management has joined climate activist group Follow This in asking TotalEnergies shareholders to push for more ambitious targets on emissions cuts.

Indonesia, the world's biggest palm oil biodiesel user, is now working to introduce bioethanol mandates for gasoline to further cut fuel imports and carbon emissions, but it will first have to secure more bio feedstock and solve thorny technical problems.

Residual fuel oil stocks at key trading hub Singapore climbed to its highest in over a year, official data showed Thursday, as storage demand remained firm.

Singapore's imports of Russian naphtha nearly tripled in the first quarter of 2023, government data showed, after the European Union banned oil products imports from Russia.

When Iraqi and Kurdish officials met in Baghdad this week over a long-running dispute that has halted oil exports from Iraq's semi-autonomous region of Kurdistan, insiders said the presence of international executives underscored a new resolve.

Singapore's diesel imports from Russia hit their highest volume in more than a year in March and are likely to stay elevated in April, according to government data and industry sources.