Oil refining
Asian refiners scour the world for oil with Hormuz flows halted
Asia, which depends heavily on crude from producers in the Persian Gulf, faces the greatest exposure to the disruption
Trump to invoke emergency law for offshore oil producer Sable
California relies heavily on foreign crude, which made up about 61% of the oil used by its refineries last year
China’s energy security push pays off as war roils Asia refiners
Beijing has moved swiftly to curb diesel and petrol exports to conserve domestic supply
Queues, price hikes and shortages as Asia battles fuel crunch
Disarray has been spreading after just days of war, and for many, the risks are rising
China tells top refiners to halt diesel and petrol exports
Across Asia, the country ranks third for seaborne exports, behind South Korea and Singapore
Asian oil refiners could cut run rates on Hormuz logjam
Some major processors are looking at run cuts of 20 to 30% as dozens of oil-laden tankers remain stuck in the Persian Gulf
Major Saudi refinery shut amid Mideast strikes
The situation at Aramco’s Ras Tanura refinery is under control
China’s Nanshan Group plans 100,000 bpd refinery in Indonesia
Chinese firms have been looking to set up refineries in South-east Asia
India’s Bharat Petroleum plans Singapore trading hub to cut costs and boost margins
The Mumbai-based refiner’s new desk will initially be staffed by four traders
Chinese refiners expected to replace Venezuelan oil with Iranian crude
Analysts say the Venezuela drama hits ‘teapots’ the hardest, and do not foresee them bidding up for unsanctioned barrels