State-run Hindustan Petroleum (HPCL) plans to increase the capacity of its Vizag oil refinery in southern India by as much as 20% to meet growing local fuel demand, its chairman Rajneesh Narang said.

Chinese refined nickel exports could almost treble this year, as domestic overcapacity produces yet another glut of metal ...

THE evolving focus of oil producers on India, its strengthening ties with non-OPEC producers, the future of refining and the ...

On January 10 and January 15, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sweeping ...

Jiangsu Lopal Tech Co. and Contemporary Amperex Technology Co. Ltd. are restarting their lithium refinery in China after a roughly five-month halt, further threatening any price recovery for the key ...

China seems to be gearing up to further ensnare Sri Lanka in its debt trap. This became evident when Sri Lankan President Anura Kumara Dissanayake undertook a four-day visit to China in mid-January ...

The market cannot overlook the increasing sanctions and potential disruptions to Russian and Iranian oil flows, which could ...

Oil demand weakens as U.S.-China trade war escalates. Will supply cuts or sanctions offset the pressure? Explore key market ...

The world’s largest metamorphic rock oilfield has commenced production. The billion-tonne Phase I project of Bohai 26-6 started production on February 7, according to its developer, China National ...

Caspi Bitum JV LLP was established by KazMunayGas and CITIC Kazakhstan LLP on a parity basis. The plant is the largest producer of road bitumen in Central Asia, built in Aktau in 2010-2013, and has ...

Chinese independent refiners have significantly reduced their crude processing rates due to soaring costs for Russian crude ...

Private oil processors in China have slashed their operating rates to levels last seen at the beginning of the pandemic, as U.S. sanctions on Russia cut a key source of crude supply.