'Trump is again looking for an excuse to increase tariffs on India...', claims US Congress member
US Congressman Brad Sherman accuses former President Donald Trump of attempting to impose heavy tariffs on India under the pretext of Russian oil imports, despite Hungary and China facing no such tariffs despite their higher dependency on Russian oil.
Why does Libya fail to activate its non-oil exports?
Libya's non-oil exports remain critically low despite its vast economic potential, highlighting its heavy reliance on oil and the challenges posed by global market fluctuations.
"Strange smell from sewer" - Heavy oil leak from the fire station due to heavy snowfall in Aomori City
Aomori City officials reported a leak of 500 to 1,000 liters of heavy oil from the fire station, caused by broken pipes due to record snowfall this winter.
Final testing of the new INA facility in Rijeka
INA has begun the crucial functional testing phase of its new plant for processing heavy residues in Rijeka after completing cold testing.
Reuters: Chinese companies buy oil from Iran to compensate for Venezuelan supplies
Chinese independent refiners are purchasing discounted Iranian heavy crude to make up for declining Venezuelan oil shipments, according to Reuters.
Venezuelan oil shipments surge to US ports with heavy crude after Maduro capture
Following the arrest of former President Nicolás Maduro, Venezuelan oil shipments to U.S. ports have significantly increased, with projected deliveries of up to 50 million barrels of crude.