Oil refining
China asks banks to pause new loans to US-sanctioned refiners
Tensions are escalating between the superpowers just weeks before a long-awaited meeting
China uses anti-sanctions law to counter US blacklisting of refiners that bought Iranian crude
This comes less than two weeks before US President Donald Trump is due to visit Beijing
China’s rare defiance of US sanctions sparks showdown over banks
The Asian nation has long been the single largest buyer of Teheran’s oil shipments
US warns of sanctions risks for Chinese refiners of Iranian oil
The move risks adding yet another irritant for China ahead of an expected summit between US President Donald Trump and China’s Xi Jinping next month
Chinese refiner Hengli, sanctioned by US, restructures Singapore unit: sources
Washington sanctions refinery unit for allegedly buying billions of dollars in Iranian oil
China’s state refiners seek to resume fuel exports after halt
The government has yet to announce any change to permits following the request
US imposes sanctions on Chinese ‘teapot’ refinery for buying Iranian oil
China buys more than 80% of Iran’s shipped oil, 2025 data from analytics firm Kpler shows
Aster to explore new Singapore facility turning used motor oil into high-grade products
It could establish the city-state as an Asian hub for sustainable lubricants
Not-so-sweet deal for Singapore’s refineries as they shift to US, alternative crudes
Variations in density and sulphur content present compatibility challenges
Australia rules out fuel restrictions after fire at its largest refinery
The fire was brought under control after about 12 hours
