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ENERGY SAVINGS IN OIL REFINING
China’s new oil refining technology could cut energy use by 91% — here’s how scientists are turning crude oil into valuable products more efficientlyChinese scientists have developed a new molecular refining method. This technique may significantly reduce energy consumption in oil proces...- India's Essar's EET Retail to acquire UK forecourt operator SGN for 400 mn poundsEssar Energy Transition's retail arm is acquiring SGN Retail for approximately 400 million pounds. This deal adds 118 sites, creating a 235...
- The world wishes it had a 'diesel printer' as two wars push fuel to the brinkThe world is facing a severe diesel shortage as the US-Iran and Russia-Ukraine wars disrupt crude supplies, refinery operations and global ...
- Oil markets survived the Iran war sprint. Now comes the marathonThe Iran war is increasingly looking like a prolonged threat to global energy markets, rather than a short-term supply shock. Crude has ris...
- Oil Price Today (September 14): Crude oil jumps 3% to near $108/barrel as Middle East tensions escalate. What are analysts warning?Oil prices experienced a significant spike on Monday, approaching $108 per barrel, amid rising tensions in the Middle East. Recent attacks ...
- Crude pool drying up as Middle East conflict drags on, refiners waryIndian refiners are using inventories to manage immediate oil supply disruptions. They worry about prolonged closures and widening conflict...
- Russia imports record fuel from India as Ukraine strikes hit refineriesRussia imported record oil products from India in August. This surge occurred as Ukrainian drone strikes disrupted domestic refining capaci...
- Asian ports snarled as El Niño fuels busy typhoon seasonThe shipping industry in Asia is grappling with unprecedented challenges as the typhoon season proves to be remarkably intense. Shanghai is...
- IEA slashes oil demand forecast as prices surgeThe International Energy Agency on Friday further reduced its forecast for global oil demand this year, citing the recent escalation in the...
- White House weighs how to use Defense Production Act to expand US oil refining capacity, sources sayThe White House is exploring using the Defense Production Act to boost oil refining capacity. This consideration follows President Trump's ...
- New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...
- Russian President Putin invites PM Modi for 24th India-Russia Summit, discuss bilateral ties, West Asia and Black Sea conflictsPrime Minister Modi and President Putin discussed bilateral ties and future cooperation. President Putin invited Prime Minister Modi to Rus...
- Oil surges 6%, Brent and US crude both surpass $100 on more tanker attacksOil prices climbed over one hundred dollars per barrel on Thursday amid escalating attacks on shipping lanes. The surge was driven by fears...
- How Trump's stock portfolio rode oil price rollercoaster: ReportOil prices surged above $100 a barrel amid escalating tensions with Iran. President Trump's disclosed oil investments gained millions durin...
- India faces higher oil import costs as crude prices surge on West Asia supply risksInternational crude prices surged, impacting India's oil import bill and inflation. Escalating West Asia tensions raised concerns about glo...
- Five-year fuel contract with Mauritius: IndianOil turns 25-year presence into strategic footholdIndia has signed a five-year fuel supply agreement with Mauritius under which IndianOil will meet the island’s entire import requirement of...
- India's vegetable oil imports strain port storage, delaying unloadingIndia’s aggressive edible-oil imports have clogged major ports, delaying vessel unloading by up to 10 days as storage tanks fill. At least ...
- In 1980, New Jersey reused 14,000 tons of milled U.S. 1 asphalt for U.S. 130 shoulders, saving $50,346 and 12,753 tons of virgin stoneNew Jersey's engineering team successfully transformed milled road surfaces into functional highway shoulders, achieving significant saving...
- Reliance shares are down 17% despite soaring refining margins. What the market is missingDespite strong refining and petrochemical margins, Reliance shares have experienced a dip as the market focuses on long-term growth potenti...
- US energy chief says Venezuela oil output to more than double in next few yearsUS Energy Secretary Chris Wright said oil deals expected to be signed in Caracas could more than double Venezuela’s crude production within...
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