refineries

Global diesel squeeze deepens as refinery disruptions slash supply ahead of winter

The world's refined oil product markets are heading into winter under mounting strain, as refinery disruptions from the wars in Iran and Ukraine collide with seasonal demand and dwindling inventories. The International Energy Agency warned in its September report that…

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Adnoc in talks to buy stakes in PTT, Dangote refineries

Abu Dhabi National Oil Co. is in discussions to acquire stakes in refineries operated by units of Thailand's PTT and Nigeria's Dangote, as the state-backed energy giant seeks to lock in customers for its crude oil and build out its…