Refining
Russian refineries, oil terminal, tankers hit, Ukraine says
Ilsky oil refinery in the Krasnodar region, one of the largest in Russia's south, caught fire and the Ust-Luga oil refining complex in the Leningrad region was also struck.
Tajikistan says it has 60 days' fuel in reserve amid Russian supply crunch
Tajikistan's energy minister said that the country has around 60 days of fuel reserves and is in talks with nearby countries about future supplies, amid acute fuel shortages in major trade partner Russia.
IEA: U.S.-Iran escalation could threaten 2027 oil market surplus
Global oil markets received some respite last month as a peace agreement between the U.S. and Iran facilitated the opening of the Strait, the effective closure of which had taken out as much as 14 million barrels per day of crude flows during the peak of the largest oil supply crisis in history.
EIA: The U.S. produced more crude oil than any other country in 2025
U.S. crude oil production has been buoyed by continued gains in drilling productivity and operational efficiency across key shale basins, which allow operators to extract more oil per well.
Ukraine more than doubles bioethanol capacity
The ministry said 10 licensed bioethanol producers are operating in Ukraine and current production is 180,000 to 200,000 tons.
Gasoline, diesel exports from Belarus to Russia hit record high in June
According to the source-based information, gasoline supplies from Belarus to Russia by rail tripled last month from May to over 181,000 metric tons. Exports of diesel in June rose by 1.5 times to over 77,000 tons.
INERATEC and Zeopore accelerate next-generation hydrocracking for CO₂-neutral fuels and chemicals
Together, the two companies are committed to realize the rapid, low-risk scale-up of the production of sustainable fuels and chemicals.
INEOS and Recuro sign MoU to construct advanced recycling facility in Norway
Once commissioned, the plant will process up to 33,000 metric tonnes of end-of-life plastic waste annually, supporting the availability of recycled feedstocks needed to meet the EU’s Packaging and Packaging Waste Regulation (PPWR) requirements.
Vietnam awards $1.49-B refinery upgrade contract to Chinese consortium
Under the 37-month contract, the consortium will raise the capacity of the refinery by 15.5% to 171,000 barrels per day.
Indian BPCL and Japan's Taiyo Oil buy U.S. crude via tenders
Asian refiners had reduced purchases of U.S. crude following the U.S.-Iran ceasefire agreement.
- 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
