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Gasoline: Venezuela’s main refining complex...

Venezuela's largest refining complex, the 955,000-barrel-per-day...

Fuel Prices: Russia lifts ban...

MOSCOW: Russia's government said on Friday...

Gasoline: Venezuela’s main refining complex running at 10% of capacity after 2 CDUs shut

Venezuela's largest refining complex, the 955,000-barrel-per-day (bpd) Paraguana Refining Center, was operating at about 10% of capacity on Monday after two crude distillation units (CDUs) were shut due to a fire and lack of feedstock, according to four sources close to operations. The paralysis at state oil company PDVSA's complex is cutting down the OPEC country's refining operations in a critical moment, when scarcity of gasoline and diesel are affecting some regions, triggering long lines of drivers in front of stations. The Cardon and Amuay refineries integrate the...

Gasoline: Venezuela’s main...

Venezuela's largest refining complex, the 955,000-barrel-per-day (bpd) Paraguana Refining Center, was operating at about 10% of capacity on Monday after two crude distillation...

Fuel Prices: Russia...

MOSCOW: Russia's government said on Friday it had lifted a ban on pipeline diesel exports via ports, removing the bulk of restrictions installed...

Domestic Crude: Govt...

NEW DELHI: The government on Friday hiked special additional excise duty (SAED) on crude petroleum to Rs 12,100 per tonne with effect from...

Diesel sales fade...

NEW DELHI: Road transport and highways minister Nitin Gadkari may be making a case to tax diesel cars more as he pitches relatively...

Gadkari dangles 10%...

The government on Tuesday said it will impose 10 per cent ‘pollution tax’ on any vehicle run on diesel — whether ipassenger vehicle...

India’s August fuel...

India's fuel consumption, a proxy for oil demand, rose by 6.5% year-on-year in August to about 18.57 million tons, data from the Petroleum...

Rain battered petrol,...

NEW DELHI: Diesel sales continued to dip in August from a year ago as heavy rains and flooding in many parts of the...

Higher diesel exports...

India’s petroleum products (POL) exports rose 8 per cent m-o-m and 15 per cent on an annual basis in July 2023 aided by...

Female CEOs lose...

At the start of this year, a slew of major retailers were searching for the right person to fill their chief executive roles....