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REFINERY SHUTDOWNS
Venezuela's largest refinery shutdown after power outage, sources sayVenezuela's largest Amuay refinery, a crucial fuel producer, faced a temporary shutdown due to a power outage following recent deadly earth...- Ukrainian attacks push Russian oil output 10% below target in May, IEA saysRecent Ukrainian assaults on Russian oil installations are severely curtailing production levels. Last month saw a notable decline in crude...
- Moscow oil refinery damaged in Ukrainian drone attack: Moscow Mayor Sergei SobyaninA Ukrainian drone struck a Gazpromneft oil refinery near Moscow. The facility sustained damage. No casualties were reported. Emergency serv...
- Bharat Petroleum to shut crude unit at Mumbai refinery in NovemberBharat Petroleum Corporation will undertake maintenance at its Mumbai refinery in November. A 120,000 barrel per day crude unit and other s...
- Global airlines slash 2026 profit forecast on fuel shock from Iran warThe global airline industry has significantly lowered its 2026 profit forecast due to rising fuel costs and disruptions from the Iran war. ...
- Nayara Energy completes scheduled Vadinar refinery turnaroundNayara Energy has finished its scheduled maintenance at the Vadinar refinery. This critical work involved thousands of personnel and heavy ...
- War shifts 80% of India's diesel exports to AfricaIndia's diesel exports saw a significant shift in May. Africa became the primary destination, absorbing over 80% of shipments. This change ...
- Why are oil prices down today and will Brent, US WTI crude futures continue to drop or rise again? Oil settles lower after Iran talks progressWhy are oil prices down today and will Brent, US WTI crude futures continue to drop or rise again? Oil prices fell after the United States ...
- India buying Russian oil irrespective of US sanctions waivers, Indian official saysIndia has consistently purchased Russian oil, irrespective of U.S. sanctions waivers, according to a petroleum ministry official. The decis...
- Nayara Energy starts operations at Vadinar refinery after maintenance shutdownNayara Energy has restarted its Vadinar refinery. The facility, with a capacity of 400,000 barrels per day, resumed operations last week. T...
- India's Rs 1.7 lakh crore fuel crisis may have found an unlikely fixIndia faces high energy import costs and a weakening ₹. A Monaco company, FOWE Eco Solutions, presents a water-based fuel emulsion technolo...
- India’s crude oil stocks drop 15% amid Iran conflict, raising supply concernsIndia's crude oil stocks have dropped 15% since late February due to declining imports amid the Iran conflict. Refiners are drawing from in...
- Two India-bound LPG tankers transit through Strait of Hormuz amid US-Iran warTwo ships carrying cooking fuel have successfully passed through the Strait of Hormuz. These vessels are heading towards India. This marks ...
- Rising duties may cut India’s gold imports sharply: Mohammed ImranIndia's bullion market faces a significant reset as the government hikes import duties on gold and jewellery. Analysts predict this will co...
- Oil Price Today (May 12): Crude oil at $105 as Donald Trump says peace talks on ‘life support’. What are experts saying?Oil prices rose for a second day as uncertainty surrounding U.S.-Iran conflict resolution kept global crude supply concerns high. President...
- Summer flights get costlier worldwide as jet fuel crisis and oil supply disruptions hit airlines hardAir travel may become costlier this summer as airlines face rising fuel prices and supply problems. Many carriers are cutting flights and i...
- India's Reliance to shut some units at 660,000 bpd refinery, govt official saysReliance Industries plans refinery maintenance. Some units at its 660,000 barrels per day refinery will close for three to four weeks. This...
- Reliance Industries to shut crude unit at 660,000 bpd refinery for maintenance, sources sayReliance Industries will shut a crude unit and secondary units at its 660,000 barrels per day refinery for three to four weeks. This mainte...
- Nigerian airlines avert shutdown as Mideast war hikes fuel pricesNigerian airlines continued flying on Thursday despite threatening a shutdown over sky-high jet fuel prices roiling the industry in Africa'...
- TotalEnergies refinery working full tilt to keep France fuelledFrance's largest refinery, TotalEnergies in Gonfreville-l'Orcher, is working at full capacity. It is boosting production of diesel and jet ...
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