#refinery
Latest news and interesting information about refinery.
Saudi Helicopter Crash Kills 14
A Saudi Aramco helicopter crash in Ras Tanura kills 14 people. Investigation underway into the accident in eastern Saudi Arabia.
New Oil Refinery: Reducing Import Dependence
Azerbaijan's new oil refinery project: reducing import dependence, boosting exports. Completion in 5-6 years.
Historic decision in Baku: $2.8B package approved
The Islamic Development Bank approved a $2.8 billion development financing package at its Baku meeting, covering transport, energy, agriculture, and climate resilience projects.
Traffic Jams in Baku: Streets with Congestion
List of streets with traffic congestion in Baku based on the Ministry of Internal Affairs data. Roads and directions with heavy traffic.
US Company to Send 250,000 Barrels of Fuel to Cuba
US company Vanguard Energy is preparing to send 250,000 barrels of diesel and gasoline to Cuba, potentially the largest fuel shipment since 1960.
UBS Initiates Veritone Coverage with Neutral
UBS initiated coverage on Veritone with a Neutral rating and $2.50 price target. The AI company is better positioned for growth after transformation.
Johnson Matthey Sees Operational Gains in H2 2026
Johnson Matthey reported H2 2026 results with operational improvements and restructuring. Learn more on Bond.az.
US SPR oil shipped to California for first time
For the first time, U.S. Strategic Petroleum Reserve oil has been shipped to California amid disrupted Middle East supplies due to the Iran war.
India replaces Middle East oil with Latin America, Africa
India replaces Middle East oil with Latin American and African crude after Hormuz disruption. Russia remains top supplier.
BP presents revised labor proposal at Whiting refinery
BP's revised labor proposal at Whiting refinery includes pay raises and lump sum payments, addressing union concerns.
Chalco approves $1B alumina project in Guinea
Chalco board approves $1 billion alumina project in Guinea, its first overseas refinery with 1.2 million tons annual capacity.
Explosion at oil refinery in Hungary: casualties reported
An explosion at the MOL oil refinery in Tisaujvaros, Hungary, has left one dead and several injured. The Prime Minister is at the scene.
Hengli Faces Chill of US Sanctions
Hengli Group, a Chinese petrochemical giant, faces US sanctions for buying Iranian oil. Beijing defends it, and the company pivots to domestic markets.
Baku Traffic Jam: Full List of Congested Roads
Baku traffic jam: ITMC announces list of congested roads. Map of traffic jams from metro to buses.
Moscow faces largest drone attack in over a year, 4 killed
Ukraine's largest drone attack on Moscow kills 4, injures 12. Moscow oil refinery targeted but not damaged. Over 550 drones downed across Russia.
Sherritt to dissolve Cuba nickel venture amid US sanctions
Sherritt International Corp. seeks to dissolve its Cuba nickel joint venture due to US sanctions. Details on Bond.az.
NW European gasoline margins drop 14%
Northwest European gasoline margins fell 14% to $27.42/bbl as inventories climbed and crude prices rose. Exports slowed.
Brazil police target Rio ex-governor, Refit owner in tax probe
Brazilian federal police target former Rio governor Claudio Castro and Refit owner Ricardo Magro in a tax evasion probe, with over $10 billion in assets frozen.
Baku Traffic Jams – May 12, 2026
List of congested streets in Baku on May 12, 2026 morning – NIIM data.
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