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ROTTERDAM REFINERY
No, the Iran war won’t ground your European holiday flightA commentary on the US-Iran conflict says European summer flights are unlikely to face major disruptions for now, despite earlier fears ove...- US oil heads to Greece for first time in four years as refiners seek alternatives to Middle East crudeUS crude oil is reaching Greece for the first time in four years. This shift is driven by Middle East conflicts impacting trade routes. Mea...
- The biggest oil risk is at the bottom of the barrelFuel oil, once the cheapest commodity, has become ultra-expensive due to the Iran war, threatening global trade. Key Asian ports face poten...
- Reliance's EU exports in limbo as Russian crude rules sow confusion: NomuraReliance’s refined product exports to Europe face rising uncertainty as EU rules on Russian crude create compliance confusion. Tanker diver...
- India's diesel shipments to Europe surge 137% in AugustIndia's diesel exports to Europe witnessed a significant surge in August, climbing 137% year-on-year to 242,000 barrels per day. This incre...
- Finland's Neste to slash around 600 jobs as quarterly core profit slumpsFinnish oil refiner Neste plans to cut around 600 jobs due to declining renewable fuel prices and excess supply, resulting in a significant...
- Indian diesel floods to Asia as Houthis imperil flows to EuropeShipments of diesel from India to Europe hit a 2-year low due to Houthi attacks, diverting cargoes to Asia. Higher freight costs and refine...
- India on track to export record-low diesel to Europe in Jan as Red Sea risks weighIndia's low-sulphur diesel exports to Europe are set to hit a two-year low in January due to increased freight costs caused by Red Sea secu...
- Ports in Europe lure investors into clean energy gateway planThe hydrogen plants located in Rotterdam would be linked to refineries at the port via a pipeline network which would be worth nearly €1.5 ...
- Indian backdoor for Russian oil weakens calls for European banIf Europe adopts official sanctions on Russian crude and fuel, prices will likely surge, and India could profit even more from refining Rus...
- Who is buying Russian crude oil and who has stoppedIndia and China, which have refused to condemn Russia's actions, continue to buy Russian crude. Lured by steep discounts following Western ...
- Thousands of Russia-linked ship containers pile up in RotterdamRussian business is a significant part of the port’s operations, as of the roughly 470 million tons transshipped through the facility each ...
- Who is buying Russian crude oil and who has stoppedThe EU bloc's 27 members have been unable to agree on an embargo, with Germany warning against hasty steps that could push the economy into...
- Who is still buying Russian crude oilGermany, the EU's top user of Russian crude oil and the Netherlands, a key trading hub, argue that the EU couldn't cut its dependence on Ru...
- Oil refining stocks surge on fear of disruption in supplyIndian refiners have reported robust core gross refining margins (GRMs), up 36 per cent YoY.
- The supply of crude right now in the world is overwhelming: Vandana Hari, Vanda Insights"If Singapore margins which are a benchmark for Asia have climbed up almost 8 dollar 30 cents yesterday, 30 cents up almost and compared wi...
- Oil traders scrape bottom of the barrel to seek out new fortuneWhile there’s no shortage of bitumen, world’s largest traders are jumping in as the shift in production locations and increased demand crea...
- Reliance Industries surging fuel exports to Bahamas raise eyebrowsRIL's has significantly stepped up gasoline sales to North and South Americas and routed shipments via giant fuel tanks at Bahamas.
- CCEA clears PCPIR project at ParadipDecks are cleared for Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) project in Orissa near Paradip, which is expected t...
- Britain braces for oil refinery strikeWorkers at a key British oil refinery began a two-day strike on Sunday, forcing a major North Sea pipeline to shut down and sparking fuel s...
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