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HomeTagsRefineries

All Stories: Refineries

Oil smuggling threatens refineries in Pakistan

ISLAMABAD: The smuggling of oil in Pakistan resulted in significant reductions in domestic diesel consumption which led to record-high diesel stocks at oil refineries...

Why is there a worldwide oil-refining crunch?

Drivers around the world are feeling pain at the pump with fuel prices soaring, and costs are surging for heating buildings, power generation and...

Oil prices climb as deep freeze shuts US oil wells, curbs refineries

Oil prices rose on Tuesday as a cold front shut wells and refineries in Texas, the biggest crude producing state in the United States, the world’s biggest oil producer.

Retail US gasoline prices surge as refineries warn of shortages after Harvey

NEW YORK: Retail US gasoline prices rose 2.8 percent from Friday to Saturday as refineries warned customers about fuel-supply shortages caused by Hurricane Harvey. They...

Kuwait to spend $115 billion on oil projects: official

KUWAIT CITY: OPEC member Kuwait has earmarked 34.5 billion dinars ($115 billion) to spend on oil projects over the next five years, despite the slump in oil prices, a senior executive said Sunday.

Oil prices mixed in Asian trade

SINGAPORE: Crude prices were mixed in Asia Friday, after the US Senate approved a bill to build an oil pipeline from Canada to refineries in the US Gulf Coast, adding to concerns over a supply glut.
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