Indian refiners expect Russian crude supplies to tighten further through November as Chinese buyers outbid competitors and book cargoes in advance. To replace Russian barrels, Indian refiners are turning to alternatives including UAE Murban crude. Meanwhile, exports from major Middle East producers rebounded in September, supported by increased output from the UAE and Saudi Arabia.
The XI International Industrial and Energy Forum (TNF 2026) in Tyumen operated with full international status, convening over 18,000 participants from across the energy sector. Representatives from China and the UAE's ADNOC participated alongside major Russian energy producers. The event registered more than 50 cooperation agreements and over 200 technology launches.
The XI International Industrial and Energy Forum TNF was held in Tyumen from September 14 to 17, 2026, marking its first edition with full international status. The gathering brought together more than 18,000 participants and over 50 signed cooperation agreements, featuring industry participation from China, the UAE's ADNOC, and Central Asian states. The platform focused on Russian oilfield technology localization, equipment manufacturing, and cross-border commercial partnerships.
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