Oil Refinery – Page 2 – THE OVAL CIRCLE

Huge blast at Romania’s largest oil refinery sends black smoke billowing into sky (VIDEOS)

Posted on July 5, 2021July 5, 2021By Editor

An explosion at a Petromidia’s Black Sea crude oil refinery in Romania has sent plumes of black smoke rising into the sky. Several people are injured, and ambulances have arrived at the scene, according to reports. … Read More >Huge blast at Romania’s largest oil refinery sends black smoke billowing into sky (VIDEOS)

Middle East

11 Injured in Fire at Tehran Oil Refinery

Posted on June 7, 2021June 7, 2021By Editor

On Wednesday, a fire broke out in an emergency gas line at an oil refinery outside Tehran. As per a previous announcement by Iran’s emergency services, only one person was injured in the incident. … Read More >11 Injured in Fire at Tehran Oil Refinery

Latin America

EXPLOSION and fire rock Mexican oil refinery in Veracruz state (VIDEO)

Posted on April 8, 2021April 8, 2021By Editor

A fire has broken out at a Pemex oil refinery in Minatitlan, a town in the Mexican state of Veracruz. Video from the scene shows a plume of black smoke as the facility is engulfed in flames. No casualties have yet been reported. … Read More >EXPLOSION and fire rock Mexican oil refinery in Veracruz state (VIDEO)

Asia & Pacific

Nearly 1,000 evacuated, at least 5 injured as massive blaze ravages Indonesian oil refinery (VIDEOS)

Posted on March 30, 2021March 30, 2021By Editor

An oil refinery, located in West Java province of Indonesia, has caught up fire amid reports a loud bang was heard before the facility went up in flames. Some 950 people have been evacuated, and several have been injured. … Read More >Nearly 1,000 evacuated, at least 5 injured as massive blaze ravages Indonesian oil refinery (VIDEOS)

Business

China overtakes US as world’s largest refiner

Posted on March 27, 2021March 27, 2021By Editor

As the shift in oil demand from Covid-19 turned the tables of regional levels of fuel production and exports, China succeeded in overtaking the USA as the world’s biggest oil refiner in 2020. … Read More >China overtakes US as world’s largest refiner

Latin America

Maduro’s Oil Bonanza: Under What Conditions Will Energy Giants Return to Venezuela?

Posted on March 25, 2021March 25, 2021By Editor

Oil companies are reportedly considering returning to Venezuela after President Nicolas Maduro signalled that he was ready to end the monopoly of state-owned Petroleos de Venezuela SA (PDVSA) and open the industry up to foreign investments earlier this year, according to Bloomberg. … Read More >Maduro’s Oil Bonanza: Under What Conditions Will Energy Giants Return to Venezuela?

Business

China set to dominate refined oil exports in Asia-Pacific region

Posted on March 24, 2021March 24, 2021By Editor

A rapid increase in China’s crude oil refinery capacity will see it dominate exports in the Asia-Pacific region (APAC), particularly to Australia where concerns are growing of a vulnerability in the supply chain, experts say. … Read More >China set to dominate refined oil exports in Asia-Pacific region

Business

India to cut Saudi oil imports amid escalating standoff over output & diversification drive

Posted on March 18, 2021March 18, 2021By Editor

Indian state refiners are planning to cut oil imports from Saudi Arabia by about a quarter in May, Reuters has reported, citing its sources. This comes after calls from India to increase crude production were ignored by OPEC. … Read More >India to cut Saudi oil imports amid escalating standoff over output & diversification drive

Business

Russia to slash oil exports to curb rising domestic fuel prices – report

Posted on January 30, 2021January 30, 2021By Editor

The world’s second-biggest oil exporter, Russia, is planning to cut overseas shipments of its seaborne crude from the country’s western ports next month, to curb a record surge in domestic fuel prices. … Read More >Russia to slash oil exports to curb rising domestic fuel prices – report

USA

Trudeau to Raise Keystone XL Cancellation in First Conversation With Biden on Friday

Posted on January 23, 2021By Editor

US President Joe Biden’s decision to revoke the permits for the Keystone XL pipeline extension will be a topic of discussion when he and Canadian Prime Minister Justin Trudeau speak later on Friday, the prime minister told reporters. … Read More >Trudeau to Raise Keystone XL Cancellation in First Conversation With Biden on Friday

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