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Shale Patch M&A Might Be Booming, But Refineries Are Left Behind

A pivotal energy industry has been conspicuously missing in the M&A boom: U.S. refining.

Pennsylvania , United-states , Louisiana , Russia , Montana , Ukraine , Houston , Texas , America , Alex-kimani , Energy-resources , Chevron-corp

HPCL to commission Barmer refinery by January 2025: co exec S Bharathan, ET Auto

HPCL To Commission Barmer: "The 9 million tonnes a year refinery is 76 per cent mechanically complete and will be completed by year end or so. First product from the refinery will flow in December or January next year," HPCL director for refineries S Bharathan told reporters on the sidelines of India Energy Week here.

India , India-energy-week , Hpcl-to-commission-barmer , Armer-refinery , Pcl , Uel-demand , S-bharathan ,

China's 2023 crude oil imports hit record as fuel demand recovers, ET Auto

Oil Imports: China imported 11% more crude oil last year versus 2022 at 563.99 million metric tons, equivalent to 11.28 million barrels per day (bpd), up from a previous record of 10.81 million bpd in 2020, data from the General Administration of Customs showed.

China , Administration-of-customs , General-administration , Oil-imports , Uel-demand , Rude-oil , Ag , Ng ,

Oil Demand Balance More Bullish Than 2023

Standard Chartered predicts a much smaller global oil surplus in the early part of this year, and sees demand growth remaining at elevated levels throughout 2024.

India , China , Iran , Hong-kong , Libya , Iraq , Iraqi , Iranian , Libyan , Bloomberg , Jpmorgan-chase-co

Petrol sales | Winter chill hits petrol and diesel sales in India as December sees a steep slump

Month-on-month petrol sales dropped 4.9 per cent when compared to 2.86 million tonnes consumption in November

India , Petrol-sales , Iesel , Ow-demand , Uel-demand , Inter ,

Diesel demand expected to rise after slump in consumption in recent months: Experts

Although demand for diesel was subdued in the last few months, experts expect consumption to increase with the start of the rabi season.

Chennai , Tamil-nadu , India , Prashant-vasisht , Deepak-jasani , Vp-co , Head-of-retail-research , Corporate-ratings , Retail-research , Diesel , Iesel-demand , Iesel-consumption

PSUs' petrol sales up 7.5%, diesel down 7.5% in November, Auto News, ET Auto

PSUs: PSU's petrol sales increased by 7.5% yoy in November. State-run companies have control over 90% of petrol pumps in India. Compared to the November of 2019, petrol and diesel sales by state companies are up 25% and 1%, respectively.

Psus , Etrol-sales , Iesel-sales , Tate-run-companies , Uel-demand , Etrol-sales-india ,

Russia India Oil: India's appetite for Russian oil reduces, share slips to lowest in 9 months as OPEC gains, ET Auto

Russia India Oil: India's oil imports reached a 10-month high in October due to OPEC's share, as refiners bought more crude from Saudi Arabia and the UAE. However, Russia's share of the Indian market fell to the lowest in nine months. India, the world's third-biggest oil importer and consumer, typically relies on Middle Eastern producers, and has encouraged refiners to diversify to cheaper alternatives.

Saudi-arabia , India , Russia , Russian , Middle-eastern , Russia-india-oil , Arket-share , Uel-demand , Il-imports , Ndian-oil-imports , Ndian-oil-update

Oil at $100 a Barrel is Looking Less Likely After All

(Bloomberg) -- The big bang expected for oil prices this year is turning into a whimper. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearAdam Neumann Remains a Billionaire Even With WeWork BankruptcyVirginia Democrats Fend Off Republican Sweep in Win for Abortion RightsEverything We Know About Grand Theft Auto 6 Right NowJust weeks ago, Brent crude was on the cusp of finally fulfilling industry f

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