Crude oil
Nigeria's NNPC accuses Dangote refinery of seeking fuel monopoly in court filing
The regulator, the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has applied to join the case, widening a legal battle over import policy and Dangote refinery’s market position.
Kremlin sees no risk to fuel supply in Russia amid attacks on refineries
Ukraine has stepped up drone attacks on Russia's energy infrastructure, doubling the number of oil refineries targeted since the start of the year.
Oil market clock is ticking as supply crunch looms
Before the conflict began on February 28, few experts anticipated that Iran would actually shut down the Strait. Almost no one thought the obstruction would stretch into months.
China kept building its crude stockpile in April despite Iran crisis
The ongoing building of inventories by the world's biggest crude importer underlines that China is in quite a different situation to the rest of the world, which is burning through oil stockpiles to compensate for the loss of about 12 MMbpd of supply to the effective closure of the Strait of Hormuz.
UK defers import ban on diesel, jet fuel derived from Russian crude
The decision was criticized by lawmakers in Britain and Ukraine who accused the government of easing pressure on Russia and backtracking on promises to stop Moscow profiting from oil production to fund its war with Ukraine.
- OXEA confirms final investment decision for major capacity expansion at plant 7/10
- TotalEnergies ships to Asia the first cargo produced by the ECA LNG plant 7/10
- ADNOC L&S expands LNG fleet with order for four new carriers 7/10
- India's ONGC plans to build 13-MMbbl national strategic oil reserve 7/10
- Russian refineries, oil terminal, tankers hit, Ukraine says 7/10
- Tajikistan says it has 60 days' fuel in reserve amid Russian supply crunch 7/10
