Tag: refineries
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Iran participates in the development of 8 oil refineries on 3 continents
The government of Iranian President Ibrahim Raisi has placed the development of oil refineries in a number of friendly countries at the top of its strategy to increase oil exports and circumvent the US sanctions imposed on Tehran. With the passing of two years of Raisi’s government, the strategy has begun to bear fruit, as…
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OAPEC Secretary General: 6 Arab countries have oil refineries that produce high-quality derivatives
OAPEC Secretary General Jamal Al-Loughani revealed a number of challenges facing the oil refining industry, in light of international efforts to reduce emissions in order to achieve carbon neutrality. In an article entitled “The Oil Refining Industry and Energy Transformation Initiatives,” Al-Lougati stressed that the decline in investments in hydrocarbon projects will have a serious…
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The Canadian oil sector is about to break free from the exploitation of US refineries
The Canadian oil sector is seeking to break free from the exploitation of US refineries by trying to open new markets for crude in Asia, with the support of Prime Minister Justin Trudeau. Canadian oil companies are awaiting the opening of the Trans Mountain oil pipeline expansion during the first quarter of 2024, to launch…
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The strike of the largest French refineries was forcibly ended and deliveries of the seized fuel shipments began
French police forced the largest French refineries to hand over fuel shipments withheld and resume refining work, after weeks of continuous strikes in protest against a regulation to raise the retirement age in the country. And French Energy Minister Agnès Pannier-Ronachet announced the resumption of fuel shipments from the Gonverville refinery in the Normandy region…
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French refineries are preparing for the eighth strike round on March 20
French refiners are preparing to take part in the eighth round of strike against the regulation to raise the retirement age, which has been criticized by all trade and professional unions in France. And 4 oil refineries out of 6 working in France announced their readiness to stop working on the day of the eighth…
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Chinese refineries are preparing to increase their imports of Russian oil
Chinese refineries continue to receive flows of Russian oil, and Beijing is seeking to increase the pace of those flows in the coming times, through unannounced official moves with representatives of those refineries. The increase in China’s imports of Russian oil reflects Moscow’s success in providing markets that can absorb its crude, instead of Europe,…
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India’s refineries buy Russian oil in Emirati dirhams instead of dollars
Indian refineries have started exchanging the UAE dirham for US dollars, to pay for most of the quantities of Russian oil purchased, depending on trading companies headquartered in Dubai, United Arab Emirates. Indian refiners and traders fear that they will not be able to continue settling trades in dollars, especially if the price of Russian…
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The largest US refineries are regaining their activity, and the rest are still suffering (report)
The largest US refineries are preparing to return to normal activity after the wave of severe storms that disrupted their production subsided over the past weeks, but other refineries are still suffering, prompting Canadian crude to search for new buyers in Asia. The Port Arthur refinery in Texas is preparing to announce the regularity of…
