Oil Sector News

Belarus expects another oil supply with transshipment in Lithuania

Two oil tankers will come to Lithuania in March.

Ukraine is ready for oil transit to the Belarusian oil refinery through the Odesa-Brody pipeline

Deliveries are also possible by rail.

America imposed sanctions against a subsidiary of Rosneft

Rosneft Trading SA has come under sanctions.

Work of Chinese refinery was suspended due to coronavirus

ChemChina also reduced refining at two other refineries.

Iran is ready to supply oil to Belarus

Tehran is ready for negotiations.

German company will engage in seeking hydrocarbons in Africa

The volume of investments will be $43 million.

Illegal oil refinery was discovered in Kryvyi Rih

The refinery sold low-quality diesel fuel and gasoline.

Zelenskyy offers owners of illegal refineries to legitimize business

He noted that about 800 gas stations have already been closed.

Ukrtransnafta increased the volume of oil transportation to Ukrainian refineries by 16%

The company increased transportation of oil to 188.5 thousand tons in January

Lithuania can regularly supply oil and gas through its infrastructure to Belarus

Belarus is looking for various sources of oil supplies due to disputes in pricing policy with Russia.

Shell sold refinery for $1.2 billion

The plant was acquired by a subsidiary of PBF Energy.

In 2019, Ukrnafta increased oil production by 4.7%

Gas production increased by 7.5%.