Latest News for: oil refinery

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Ogra, refineries at loggerheads over imports, supply issues

Dawn 22 Mar 2025
Ogra suggests additional agreements between refineries and oil companies, but refineries argue that such agreements hold no value if the regulator fails to fulfil its regulatory role.
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Refineries urge Ogra to ensure timely uplift of POL products

The News International 22 Mar 2025
All local refineries have urged the Oil and Gas Regulatory Authority (Ogra) to ensure that oil marketing companies (OMCs) timely uplift local petroleum products for a smooth supply chain before allowing POL imports.
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US sanctions Chinese teapot refinery for purchasing Iranian oil

Beijing News 22 Mar 2025
'For the first time, the United States is sanctioning a so-called teapot refinery in China for purchasing millions of barrels of oil worth approximately half a billion dollars.
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How a War With Iran (for Israel) Could Crash the US Economy

Scheerpost 22 Mar 2025
... 270,000 barrels per day, along with its marine terminal and oil storage facilities ... In addition to the Zarqa oil refinery, Iranian forces might strike political, military, and intelligence targets.
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California GOP’s plan to cut gas prices is squashed, backers say

Redlands Daily Facts 22 Mar 2025
On Wednesday, the average price of a gallon of gas was $4.65 in California, compared to $3.10 nationally ... But that’s very unlikely, he said ... Companies that comply with the rules receive subsidies from companies, such as oil refineries, that do not ... .
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Russian tanks roll across the border, a barrage of missiles are fired on Britain - ...

The Daily Mail 22 Mar 2025
Ceasefire. even the word is ominous. The deal being brokered by America to bring a halt to the battlefield slaughter in Ukraine is not a peace treaty ... Pictured ... Pictured ... Retaliatory strikes deep inside Russia take out oil refineries and missile silos ... .
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US sanctions Houthi-linked China oil refinery

The Times of India 21 Mar 2025
... China-based refinery for purchasing $500 million worth of Iranian oil.
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US targets “teapot” refineries in new round of Iran related sanctions

SAFETY4SEA 21 Mar 2025
The Department of the Treasury stated that is concurrently sanctioning China-based Shandong Shouguang Luqing Petrochemical Co., Ltd., a “teapot” oil refinery, for purchasing and refining ...
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Beijing slams US sanctions on Chinese firm over Iranian oil imports

Anadolu Agency 21 Mar 2025
... Huizhou Daya Bay Petrochemical Terminal Storage, located in Guangdong, South China, for purchasing and storing Iranian crude oil from a sanctioned vessel and an oil refinery in Shandong, East China.
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US imposes new round of sanctions against Iran

Press TV 21 Mar 2025
US State Department spokesperson Tammy Bruce stated that the refinery purchased oil from vessels linked to Yemen's Houthi movement, which the US designated this month as a Foreign Terrorist Organization.
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Oil set for weekly gains amid Mideast tensions, US sanctions on Iran

Anadolu Agency 21 Mar 2025
In a statement, the OFAC said it designated 'a teapot oil refinery and its chief executive officer for purchasing and refining hundreds of millions of dollars' worth of Iranian crude oil,' including ...
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Chinese teapot refinery included in latest round of American sanctions targeting Iranian oil

Splash24/7 21 Mar 2025
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated a so-called teapot oil refinery in Shasndong, China and its chief executive officer for purchasing and ...
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China's Iranian Oil Imports Will Slow Under US Sanctions

MarineLink 21 Mar 2025
... supplied oil to such plants in China, the top buyers of Iranian crude ... Luqing, which operates a 160,000 bpd refinery, is among the larger regular buyers of discounted Iranian oil, according to traders.
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Sanctioned Russian Tankers Will Offload Oil in Syria

MarineLink 21 Mar 2025
Russia has to look for alternative buyers of its Arctic oil since the U.S ... Syria is struggling to find a replacement for Iranian oil for its refineries, as it struggles with its own oil output.
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