Hungary outlines cost to ditch Russian oil

Prime Minister Viktor Orban’s government told EU counterparts that it will cost at least $810 million to revamp Hungary’s oil industry.

Belarus has limited oil pumping through Druzhba, calling it "unscheduled repairs"

In early November, the migration crisis worsened on the border between Poland and Belarus.

China abandons small refineries to reduce emissions

In order to reduce emissions by 2030, the Chinese authorities have decided to phase out small refineries.

Brent is trading at $85.68 a barrel

Commercial oil stocks in the US decreased by 431 thousand barrels last week.

Naftogaz wants to increase oil production

The company continues to work towards the transformation of Ukrnafta.

Thousands of tons of oil spilled into the ocean in Southern California

Experts are trying to determine the cause of the leak in Orange County.