Latest News for: Refinery supplies

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China to cut retail prices of gasoline, diesel

People Daily 16 May 2024
... and the China National Offshore Oil Corporation -- and its oil refineries have been directed to maintain oil production and facilitate transportation to ensure stable supplies, the commission added.
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American Battery Technology Company Releases Third Quarter Fiscal Year 2024 Financial Report

The Daily Independent - Ridgecrest 16 May 2024
... and project economics for the classified Measured and Indicated Tonopah Flats Lithium Project resources to supply the planned commercial-scale lithium hydroxide monohydrate (LHM) refinery.
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IEA lowers global oil demand forecast for 2024 to 1.1 million bpd

Invezz 15 May 2024
The agency also anticipates that global oil supply will further increase to 1.8 million bpd in 2025. This growth in supply comes despite the weaker-than-expected demand growth, which has led to a drop in global refinery margins.
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Russia escalates the war in Ukraine, aiming to complicate Kyiv’s defence

Al Jazeera 15 May 2024
Even as it fought the new invasion from the north, Ukraine continued to launch missiles and drones during the past week, which struck Russian energy infrastructure and harassed its lines of supply.
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Inflation Fears Keep Oil Prices Suppressed

Oil Price 14 May 2024
inflation data weighed on oil prices.Plunging Diesel Cracks Bring Refinery Run Cuts Back on the Agenda- ...
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Ukraine Strikes Oil Refinery Deep Within Russia

Hot Air 13 May 2024
Ukraine has been ramping up attacks on Russian oil refineries in recent months as it seeks to hamper Russian export revenues and curtail fuel supplies to Russian President Vladimir Putin's forces.
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Stanlow Refinery celebrates Centenary

Hydrocarbon Engineering 13 May 2024
... the 100th anniversary of the Stanlow Refinery ... We are immensely proud of the refinery's heritage and its unwavering commitment to supplying high-quality products and fuels safely and reliably.
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OGRA directs oil companies to step up diesel uplift to meet surging demand

The News International 13 May 2024
The Oil & Gas Regulatory Authority (OGRA) has directed oil marketing companies (OMCs) to increase high-speed diesel (HSD) uplift from refineries to meet surging demand during the harvesting season and to maintain a smooth oil supply chain.
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Oil slips on signs of weak fuel demand, strong dollar

Bahrain News Agency 13 May 2024
Refiners globally are struggling with slumping profits for diesel as new refineries boost supplies and as mild weather in the northern hemisphere and slow economic activity eat into demand.
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Lithium Miner Debuts as Ghana’s First Listing in Two Years

Live Mint 13 May 2024
Its Ewoyaa mine is expected to become the continent’s third-largest hard-rock lithium project, according to the company ... Read More ... Half of Ewoyaa’s output is earmarked for a refinery that Piedmont Lithium Ltd., which supplies Tesla Inc ... .
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Oil falls further amid signs of weak demand

Business Day 13 May 2024
Refiners globally are struggling with slumping profits for diesel as new refineries boost supplies and as mild weather in the northern hemisphere and slow economic activity eat into demand.
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Ukrainian attacks on Russian oil refineries may be proving the Biden Administration wrong, experts say

Business Insider 11 May 2024
Ukraine has been ramping up attacks on Russian oil refineries in recent months as it seeks to hamper Russian export revenues and curtail fuel supplies to Russian President Vladimir Putin's forces.
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Trump is willing to trade our children’s future for a billion dollars

Raw Story 11 May 2024
When he was president, Trump allowed the Saudis to buy the largest gasoline refinery in America (at Port Arthur, Texas); between their oil supply cuts and the possibility they could reduce that ...
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Unravelling the Scams that Plunged Nigeria Into Debt Trap

This Day 10 May 2024
Furthermore, in the past couple of weeks, we have seen Dangote Refinery, which has come on stream and is now supplying Automotive Gas Oil (AGO) into the Nigerian market, crash the price of the ...

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AP / Sergei Bobylev, Sputnik, Kremlin Pool Photo via AP
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