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Why some marketers refuse to reduce petrol prices below Dangote Refinery’s rate
13 Jan 2026 11:25 GMT
… in Nigeria’s downstream petroleum sector, many oil marketers are resisting … decreases.
“As the Dangote Petroleum Refinery continues to supply independent marketers, … marketers.
With improved domestic refining capacity and better distribution frameworks, …
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Budget 2026: A blueprint for India’s oil and gas sector
13 Jan 2026 09:03 GMT
… s third-largest oil consumer and fourth-largest refiner. This fact … downstream refining and petrochemicals for strategic advantage: Domestic demand for petroleum products … significant focus on building integrated refinery-petrochemical complexes to capture …
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Clock ticks in Cuba as Trump cuts off Venezuelan oil
13 Jan 2026 11:45 GMT
… off a lifeline of Venezuelan oil from reaching Cuba, setting … January.
The last cargo for refining on the island was sent … months facing zero deliveries of oil from Venezuela," said Jorge … who are also exporters of oil, like Angola, Algeria, Brazil,…
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India slips to third as major refiners tap the brakes on Russian crude
13 Jan 2026 11:28 GMT
… Industries and state-owned refiners sharply reduced crude oil imports, a European … Petroleum Corporation Ltd (HPCL), HPCL-Mittal Energy Ltd, and Mangalore Refinery and … . Traditionally dependent on Middle Eastern oil, India sharply increased Russian imports …
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Getting Venezuela’s oil isn’t the risk — getting companies to invest is
13 Jan 2026 09:51 GMT
… of discovering, extracting and refining oil products, Simonetta Spavieri, active … “Shares of major US refiners rose as investors anticipated … eased. US Gulf Coast refineries are structurally well suited … and governance failures.
“Oil still accounts for more …
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India’s Reliance Seeks Resuming Venezuelan Oil Imports
13 Jan 2026 07:54 GMT
… ) India’s largest oil refining company is pursuing approval … obtain authorization for Venezuelan oil imports, the news agency … revealed that the private refiner would consider Venezuelan crude … refiner received four consignments from Venezuela’s state-owned oil …
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Transportation of crude oil to NIS via JANAF begins
13 Jan 2026 08:43 GMT
The delivery of crude oil to the oil refinery in Pančevo via the … which means that the refinery in Pančevo will resume operations … This means that the refinery in Pančevo will start operating … crude oil currently available, this will allow the refinery to …
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Edible oil imports fall 11.6% as palm oil inflows decrease
13 Jan 2026 08:12 GMT
… corresponding period of the previous oil year.
Total imports of … November-December 2024-25.
Refined oils consignments down
BV Mehta … , said the ratio of refined oil imports decreased to 0.14 …
Only 3,500 tonnes of refined oil (RBD palmolein) was imported …
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India's palm oil imports drop to 8-month low as refiners shift to rival oils
13 Jan 2026 10:37 GMT
… oil imports fell to an eight-month low in December, as refiners … increased purchases of rival oils such as soyoil and sunflower oil … on benchmark Malaysian palm oil futures, while lending … , as the tropical oil solidifies at lower temperatures …
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China's Supertankers Heading For Venezuelan Oil Turned Around In The Middle Of The Atlantic
13 Jan 2026 09:16 GMT
… China route to transport crude oil.
As the publication recalled, … Venezuela sells oil to China to pay off … Chinese refineries traded by little-known middlemen, while oil cargoes … 50 million barrels of Venezuelan oil stuck in storage. US …