Indian Refiners’ January Crude Processing Fell In January

Indian refiners’ crude processing (throughput) fell by 0.2% month-on-month in January 2026, reaching 5.63 million barrels per day (bpd) or 23.81 million metric tons, marking a slight decrease after December…

Half A Million Without Power After Winter Storm Ravages US Northeast

More than half a million homes and businesses across seven states were left without power after a winter storm swept across parts of the U.S. Northeast on Sunday and Monday.…

Ukraine Strikes Russia’s Druzhba Pipeline Network

Ukrainian forces launched targeted attacks on critical nodes of Russia’s Druzhba oil pipeline network on Sunday night, sparking a major fire at a key Transneft oil hub. The strikes hit…

Hungary and Slovakia Block New EU Sanctions against Russia

The European Union failed to approve a fresh round of sanctions against Russia as Hungary and Slovakia halted the measures, laying bare divisions within the bloc as the war in…

UK Oil Refineries Face Extinction Without Urgent Policy Shift

As the UK government on Monday published a call for evidence on the future of the country’s downstream sector, the Fuels Industry UK association called for urgent change in Britain’s…