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Drone Strikes Force Russia to Reroute Massive Crude Oil Exports

As Ukrainian strikes on Russia’s refineries and the halt of Ukrainian shipments of Russian oil to central EU member states limit outlets of Russian crude, Moscow is boosting shipments via ports.   Russia’s seaborne crude oil exports averaged 3.39 million barrels per day (bpd) in the four weeks to... Далее

Drone Strikes Force Russia to Reroute Massive Crude Oil Exports

As Ukrainian strikes on Russia’s refineries and the halt of Ukrainian shipments of Russian oil to central EU member states limit outlets of Russian crude, Moscow is boosting shipments via ports.   Russia’s seaborne crude oil exports averaged 3.39 million barrels per day (bpd) in the four weeks to... Далее

Secrecy Surrounds Beijing-Backed Refinery Deal in Serbia

Residents of Smederevo, a Serbian industrial city already blanketed by pollution from a Chinese-owned steel mill, are pushing back against plans for a $2.8 billion oil refinery backed by Chinese state-owned companies -- a project negotiated largely out of public view. Nearly two years after the... Далее

Dangote Refineries Seals $400 Million Deal to Triple Capacity

Dangote Group, which owns the biggest refinery in Africa, has signed an agreement with Chinese construction and mining equipment manufacturer XCMG to buy equipment for accelerating the refinery complex expansion.    The Dangote refinery, owned by Africa’s richest person Aliko Dangote, has a... Далее

Dangote Refineries Seals $400 Million Deal to Triple Capacity

Dangote Group, which owns the biggest refinery in Africa, has signed an agreement with Chinese construction and mining equipment manufacturer XCMG to buy equipment for accelerating the refinery complex expansion.    The Dangote refinery, owned by Africa’s richest person Aliko Dangote, has a... Далее

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