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REFINERY OUTAGES
Venezuela quake death toll nears 1,500 as rescue work goes onRescue teams are desperately searching for survivors in Venezuela following devastating earthquakes that have claimed nearly 1,500 lives. F...29 Jun, 2026, 07.11 AM IST- Fragile Iran deal offers oil relief, but Hormuz risks remainA deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes...15 Jun, 2026, 08.41 AM IST
- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...06 Jun, 2026, 08.22 PM IST
- Power outages hit Russia-controlled Zaporizhzhia region in Ukraine, media sayEmergency power blackouts struck the Russia-controlled Zaporizhzhia region on Friday, while parts of southern Kherson experienced electrici...22 May, 2026, 10.31 AM IST
- US waiver unlikely to lift Russian oil exports already near capacityThe US has extended a waiver for Russian oil exports, but traders believe it won't significantly boost shipments. Russia's infrastructure i...20 May, 2026, 04.24 PM IST
- 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...18 May, 2026, 09.55 AM IST
- Russia says it downed 148 Ukrainian drones in three hoursRussian air defence units intercepted 148 Ukrainian drones over a three-hour period. Emergency crews worked to restore power to nearly half...06 Apr, 2026, 07.55 AM IST
- Nigeria's Dangote taps India’s EIL to double refining capacity to 1.4 million bpdNigeria's Dangote has contracted Engineers India Ltd to double its refining capacity to 1.4 million barrels per day within three years. The...26 Nov, 2025, 12.45 PM IST
- Massive Russian attack hits Ukraine energy infrastructure: KyivRussia has commenced a large-scale assault on Ukraine's energy infrastructure, triggering emergency power outages in multiple regions. Desp...08 Nov, 2025, 06.15 AM IST
- Asia's jet fuel imports from India to hit multi-year highs in NovemberIndia's jet fuel exports to Asia are surging, driven by refinery issues in the region and attractive pricing. This surge is expected to rea...20 Nov, 2024, 02.57 PM IST
- Russian oil exports from its western ports revised up 10% in March amid refinery outage, sources sayRussia will increase oil exports through its western ports in March by almost 200,000 barrels per day (bpd) against the monthly plan to 2.1...18 Mar, 2024, 05.02 PM IST
- Oil edges higher, holding to gains made on signs of tighter supplyOil prices rose slightly on Thursday, holding to gains from the previous session that came amid signs of tighter supply.22 Feb, 2024, 08.01 AM IST
- Extreme heat fast becoming a threat to global fuel securityAs the world makes its efforts to lessen its dependency on fossil fuels, the rise in weather-driven refinery disruptions focuses on the sur...11 Sep, 2023, 11.22 AM IST
- MRPL to phase out exports as it adds retail outletsMRPL, a subsidiary of state-controlled Oil and Natural Gas Corp, operates a 300,000 barrel-per-day coastal refinery in southern Karnataka s...14 Aug, 2023, 01.47 PM IST
- Oil falls as US refiners shut down by damage from Hurricane IdaUS West Texas Intermediate (WTI) crude futures were down 41 cents, or 0.6%, to $68.80 a barrel at 0245 GMT, reversing most of Monday's gain...31 Aug, 2021, 08.28 AM IST
- Goldman Sachs sees minimal oil price impact from Texas freezeOil prices slid by up to 2 per cent on Friday, on worries that refineries will take time to resume operations after the big freeze in the U...19 Feb, 2021, 12.48 PM IST
- Oil drops as investors gauge big chill impact on U.S. refineriesU.S. West Texas Intermediate (WTI) crude futures fell $1.21, or 2%, to $59.31 a barrel at 0157 GMT, after declining 1% on Thursday.19 Feb, 2021, 08.38 AM IST
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