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Energy Security
Syria Rations Fuel Supplies Amid Suez Canal Blockage
Syria's oil ministry has begun rationing the distribution of oil products after fuel shipments to the country were disrupted by the ongoing blockage of the Suez…
Crude Oil
Belarus to Raise Export Duties on Oil
Belarus will raise export duties on oil and oil products for destinations outside the Eurasian Economic Union, on Feb. 1, 2021, the government said in a stateme…
South Korea
Iran Seizes UAE-Bound Chemical Tanker
Iran has seized a UAE-bound chemical tanker in the strait of Hormuz, further stoking already heightened tensions in the Mideast Gulf.
Crude Oil
China's Top Refiner Sees Oil Product Demand Peak By 2025
China's largest refiner, Sinopec, expects domestic demand for oil products to peak by 2025 due to COVID impacts and the rise of electric vehicles, citing Sinope…
Crude Oil
IEA Says Refining Throughput Set for Quarterly Rise
Global refining throughput will increase in the last quarter of the year by more than 2 million barrels per day, the International Energy Agency said on Wednesd…
Crude Oil
Iran Expands Oil Production Capacity
Iran is taking a step that would seem counterintuitive in an environment of subdued demand for oil and oil products.
Oil & Gas Trade
Iran Exports $1.09bn Oil Products via PSEEZ in Three Months: official
Home to the largest gas field in the world, South Pars Special Economic Energy Zone, as the capital of energy in Iran, is considered as the hub of export of non…
Crude Oil
Refineries Around Asia Join Chinese Peers in Ramping up Oil Output
Refineries from India to South Korea are expected to join their Chinese counterparts in ramping up production from June.
Transneft Oil Pumps JSC
The focus of the plant is production of highly reliable, energy-efficient pumping equipment and components that comply with all quality standards in order to en…
Neste Oyj
Neste Oyj is an oil refining and marketing company located in Espoo, Finland. It produces, refines and markets oil products and provides engineering services, a…
Oil & Gas Trade
US Sanctions Bringing China and Iran Together
A report by Reuters last week showed that, while sales of Iranian crude oil have significantly diminished, Tehran’s exports of oil products have hardly been af…
Oil & Gas Trade
China Exported 1,536 Tons of Refined Oil to North Korea in May
The May figure brought China's cumulative supply of refined oil products to the North to 5,730 tons this year, the report posted on the website of the sanctions…

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