The sale to Britain's Prax Group is now uncertain due to pending lawsuits and the need for regulatory approvals.
A Chinese court on Friday declared bankrupt a third refinery owned by state oil and chemical group Sinochem, a court document showed.
Berlin has extended the trusteeship twice. Previously, Poland reassured Germany that it could step in and supply the Schwedt refinery with crude if Kazakh oil supplies were halted in possible ...
Indian refiners are jointly negotiating to purchase Russian oil for next year, with suppliers mostly using Russian insurance for crude priced above a $60 per barrel (bbl) cap.
Shell faces delays in selling stake in Germany's Schwedt refinery due to pending lawsuits, including one from Rosneft.
He added that the feasibility study for the construction of the 310km pipeline from the Danube Refinery would be completed by ...
Oil exports from Russia's western ports may rise in October as domestic refineries will increase runs only marginally despite coming out of the peak maintenance season, trading sources said.
Rosneft's legal challenge against the planned sale of its stake in a German refinery is likely to fail according to the ...