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China's Sinopec charts global expansion as it looks to build its first fully-controlled overseas refinery

Sinopec is expected to complete a feasibility study by June for a plant at the Chinese-run Hambantota port, after winning Colombo’s approval last November, two sources said

China , Sapugaskanda , Western , Sri-lanka , Colombo , Beijing , Yanbu , Al-madinah , Saudi-arabia , Red-sea , Djibouti-general- , Djibouti

L&T manufactures hydrotreating reactor for refinery in Mexico

Larsen & Toubro manufactured a hydrotreating reactor for Antonio Dovali Jaime Refinery in Mexico using Axens' technology from France. The reactor, with Cr-Mo-V metallurgy, eliminates nitrogen and sulphur compounds from hydrocarbon streams.

Hazira , Haryana , India , Mexico , Salina-cruz , Oaxaca , Antonio-dovali-jaime , Larsen-toubro , Antonio-dovali-jaime-refinery , Hazira-complex , Hydrotreating-reactor

Americas Newsroom

all-time low. the low is several decades. all-time low in october of last year. we're barely above that right now. only reason we're a little above that is some of the prices have come down. again, with these mortgage rates, it is crazy. >> dana: do you hear from any republicans, from president trump or any of the other republicans on specifically what policy would they promote in order to help get prices down? >> i do not. the one i hear most is drill, baby, drill. i like that. i really honestly wish we would build some refineries here. the last major refinery was built in the late 70s. guess what? we drill for sweet crude but have refineries that refine sour crude and why we export so much right now. i would do that. listen, i know not my backyard thing. enough places out there to build brand-new refineries and who would be smart, natural transition to alternatives beyond fossil fuels will take another 30 to 40 years. natural progression.

Dana-perino , Prices , Reason , Low , Mortgage-rates , Above , One , President , Trump , Order , Baby , Drill

US to say Indian refineries help make Russia oil price cap work

The U.S. Treasury officials, Eric Van Nostrand, assistant secretary for economic policy, and Anna Morris, acting assistant secretary for terrorist financing, will make the remarks at an event held by the Ananta Aspen Centre in New Delhi, the Treasury told Reuters on Wednesday.

Australia , Russia , India , Ukraine , New-delhi , Delhi , United-states , Moscow , Moskva , Russian , Eric-van-nostrand , Anna-morris

US sanctions hamper Russian oil refineries repair efforts – Reuters

Russian oil companies are experiencing difficulties repairing refineries due to Western sanctions, and attacks by Ukrainian drones may exacerbate their problems. Source: European Pravda; Reuters When engineers at Russian oil company Lukoil discovered a turbine failure at its largest refinery on 4 January, they quickly realised that the problem was far from trivial, Reuters says.

United-states , Ukraine , Russia , Carnegie-endowment-for-international-peace , District-of-columbia , Kyiv , Kyyiv , Misto , Washington , Russian-federation , Russian , American

U.S. crude stocks rose last week, gasoline and distillate inventories fell: EIA

U.S. crude inventories rose by 3.2 million barrels to 451.4 million barrels last week, the EIA said

Oklahoma , United-states , Reuters , Energy-information-administration , Log-increate-free , Energy , Barrel , Week , Refinery , Barrels , Futures

Parkland refinery in B.C. returns to normal operations after unplanned January shutdown

Parkland says the return comes after an unplanned shutdown on Jan. 12 due to extreme cold weather

Vancouver , British-columbia , Canada , Bob-espey , Parkland-corp , Vancouver-international-airport , Log-increate-free , Greater-vancouver , Vancouver-international , Energy , Cent , Parkland

Opinion: The energy war, aimed at crippling Russia's oil networks, creates victims on both sides

The oil markets are truly global and liquid, with even minor supply disruptions capable of triggering outsized price increases

Kyiv , Kyyiv , Misto , Ukraine , United-states , Russia , India , Kremlin , Moskva , Denmark , Germany , Sweden

U.S. crude, gasoline stocks rise on strong crude imports, weak gasoline demand

U.S. crude inventories rose by 3.2 million barrels to 448.2 million barrels in the week ended March 22

United-states , Oklahoma , American , Matt-smith , Bob-yawger , American-petroleum-institute , Energy-information-administration , Reuters , Log-increate-free , American-petroleum , Energy , Week

Ukraine hits Russian oil refineries in second day of heavy drone attacks

The drone strikes caused a fire at Rosneft’s biggest refinery in what Putin said was an attempt to disrupt Russia’s presidential election this week

Kyiv , Kyyiv , Misto , Ukraine , Novoshakhtinsk , Rostovskaya-oblast- , Russia , Buturlinovka , Penzenskaya-oblast- , Kirishi , Leningradskaya-oblast- , Rostov