Europe
Japan to consider whether to buy Russian crude following U.S. sanctions waiver
The U.S. waiver allows countries to buy sanctioned Russian oil and petroleum products currently stranded at sea, in what Treasury Secretary Scott Bessent said was a step to stabilize global energy markets, which have been roiled by the Iran war.
Ukraine's motor fuel to contain at least 7% bioethanol from July
The new requirements do not apply to fuel supplied to the Ukrainian army, or to some high-octane petrol.
IEA announces record release of strategic stocks in response to Iran war oil price surge
Africa
/ Crude oil
/ Europe
/ Middle East
/ Refining
/ Storage
/ U.S.
/ South America
/ Central America
/ Canada
The IEA said the release had been backed unanimously by 32 member countries, the sixth such move it has made since its creation in the 1970s.
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Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
