China asks banks to pause new loans to US-sanctioned refiners, Bloomberg News reports
May 6 (Reuters) – China’s financial regulator has advised the country’s largest lenders to temporarily suspend new loans to five…
Tag: Refiners
China Asks Banks to Pause New Loans to US-Sanctioned Refiners
China’s financial regulator advised the country’s largest banks to temporarily suspend new loans to five refiners recently sanctioned by the…
China Defies US Sanctions on Oil Refiners With Sweeping Non-Compliance Order
Key Takeaways: On May 2, China’s MOFCOM invoked the Blocking Statute against U.S. OFAC sanctions on 5 local oil refiners.…
Beijing Tells China Firms to Ignore US Sanctions on Refiners
China ordered companies in the country not to comply with US sanctions on five domestic refiners linked to the Iranian…
China Allows Teapot Refiners More Crude to Cope With Iran Crunch
China has granted independent refiners additional crude import quotas to allow them to continue to produce fuels at officially mandated…
Refiners Could Wait Weeks for Oil, Even After Strait Is Fully Reopened, Macquarie Says
Some refiners could wait several weeks for oil even after the Strait of Hormuz is fully reopened, keeping up the…
US grants 30-day waiver for Indian refiners to purchase Russian oil| India News
Weeks after removing a 25% tariff penalty on India for buying Russian energy, the Trump administration has issued New Delhi…
Indian Refiners Eye Russian Oil Again as Iran Crisis Hits Supply
Indian state refiners and government officials met over the weekend to hammer out contingency plans for a crisis in Iran…
Oil Refiners Shun UAE’s Flagship Murban for Cheaper Alternatives
Asian oil refiners are switching from Abu Dhabi’s flagship Murban crude as other grades become cheaper, according to traders. www.bloomberg.com…
Why access to Venezuela’s ‘heavy’ oil is ‘tremendous’ news for US refiners | Oil and Gas News
The United States’ bid to control Venezuela’s oil sector after abducting Venezuelan President Nicolas Maduro has shone a spotlight on…