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The power outage that took BP’s refinery in Whiting, Indiana, offline for at least three weeks has delayed a potential price jump by dampening demand expectations in the immediate term.
"Of course, there are some delays from the Indian side in delivering the products, but overall, the project is progressing well," he told PTI. "It is crucial for our relations, and we eagerly look forward to its completion." With a USD 1.2 billion line of credit announced by India during Prime Minister Narendra Modi's visit to Mongolia in 2015, the refinery's construction has been delayed by 1.5 years due to COVID-19.
Shell Nigeria unit said on Friday it has resumed supply of crude oil from its Bonny export terminal to the state-owned refinery in Port Harcourt which is expected to start operations in the first quarter of this year, the company said on Friday.
The Colorado Department of Public Health and Environment says the fine concerning Suncor’s Commerce City refinery is for violations from July 2019 through June 2021