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…
Big Oil Challenges $5 Billion Environmental Fine in Kazakhstan
The international oil companies operating the giant Kashagan oilfield in Kazakhstan have initiated an arbitration process to challenge a massive $5-billion fine for allegedly exceeding sulfur storage limits at a…
UN Secretary General: Clean Energy Future Is within Reach
The clean energy future is within reach, Antonio Guterres, the United Nations Secretary General, said after meeting with renewable energy representatives in India. “I recently met with leaders from across…
Supreme Court to Rule on Exxon’s $1 Billion Cuba Assets Claim
The U.S. Supreme Court will be hearing on Monday arguments by ExxonMobil, backed by the Trump Administration, about the scope of a law allowing American companies to claim damages for…
