Local refining cannot stop fuel price volatility in Nigeria – CPPE
The Centre for the Promotion of Private Enterprise indicates that local refining in Nigeria will not eliminate fuel price fluctuations due to the influence of global oil market dynamics.
KPC: Kuwait is preemptively reducing oil production amid tensions with Iran
Kuwait has announced a precautionary reduction in oil and refining production due to ongoing attacks from Iran.
Stock Market: The Distinct Path of Motor Oil and Hellenic Energy
Motor Oil and Hellenic Energy stocks are on a distinct path, benefiting from improved refining margins and the appreciation of energy reserves.
Can the crisis in the Middle East bring profits to Greek energy companies?
The rise in refining margins and aluminum prices, linked to geopolitical tensions in the Middle East, creates positive prospects for Greek energy and metallurgical companies, as noted by Optima Bank.
[News Dive] President warns about 'gas price gouging'
President Yoon Suk-yeol has issued a warning regarding rising gasoline prices, leading to turmoil in the refining industry.
Refining Margins in Asia Reach Highest Level in 4 Years
Refinery margins in Asia have surged to their highest level in four years, surpassing $52 per barrel for jet fuel amid disruptions in crude oil flows due to Iranian threats.
Tanker Market in Panic
The South Korean refining giant GS Caltex has reserved a very large crude carrier at an unprecedented price amidst rising shipping costs.
Pemex increases refining in 2025: 'Cooked' 1,136 thousand barrels daily of oil, 44.4% more than in 2024
Pemex reported a significant increase in oil refining, processing 1,136 thousand barrels daily in Q4 2025, a 44.4% rise compared to the same quarter in 2024.
China’s new energy strategy aims to shield economy from shocks – and meet climate targets
China is refining its energy strategy to enhance energy security and address climate goals amidst complex internal and external challenges.
Tinubu hails BUA–UAE firms MoU on sugar refining, logistics
President Bola Tinubu praised the strategic MoU signed between Nigeria's BUA Group and UAE firms, marking a significant advancement in economic relations between the two nations.
Sources: Indian refiners have turned their backs on Russian oil
Indian refining companies are reportedly avoiding the purchase of crude oil from Russia, potentially aiding India's trade aspirations with the United States.
The robot crew has entrenched itself after driving: mistakes are identified in training and sleds are evaluated
Latvian athletes are refining their skills and strategies for upcoming competitions using a newly developed information-gathering system, while also navigating tricky course conditions.
What did Congress leader Udit Raj say about India's oil purchases?
Congress leader Udit Raj commented on India's oil agreements, specifically noting issues with purchasing oil from Venezuela due to high transportation costs and incompatible refining capabilities.
Olmeca Refinery Becomes the Most Productive in Mexico by the End of 2025
The Olmeca refinery in Dos Bocas, Tabasco, has become Mexico's most productive facility within the National Refining System, achieving record processing levels.
Repsol falls sharply in the stock market after publishing the latest production figures
Repsol's stock dropped nearly 6% following a report of weak production figures, although refining margins were positive.
Moeve and Galp create a giant of gas stations and refining to compete against Repsol
Moeve and Galp have established a large industrial platform integrating refining, trading, and chemical activities with over 3,500 service stations across the Iberian Peninsula to compete with Repsol.
The government specializes the package for farmers and prepares plan B with a hardening stance
The Greek government is refining its support package for farmers while preparing to adopt a tougher approach amidst ongoing protests.
The mega project that changed the direction of refining in Spain: "Either 3 billion was invested, or it would close"
The expansion of Repsol's refinery in Cartagena, a pivotal industrial investment in Spain's history, involved a €3.2 billion Project C10, significantly impacting the future of Spanish refining.