Crude oil
Minimize risks and unlock profitability with opportunity crudes
This article focuses on new digital technologies that enable refiners to extract the most profit out of opportunity crudes.
Cenovus refinery in Ohio (U.S.) plans to shut multiple units for six weeks of work
Cenovus will begin planned maintenance work on multiple units at its 160,000-bpd refinery in Toledo, Ohio (U.S.) in mid-April.
China's Rongsheng Petchem opens Canada office, buys crude from Suncor
China's Rongsheng Petrochemical, China's largest independent refiner with capacity of 40 MMtpy or 800,000 bpd, has opened an office in Canada to buy Canadian crude and made its first purchase from local producer Suncor Energy.
Eni, Saipem extend collaboration agreement in biorefining
Eni, Saipem extend collaboration agreement in biorefining. Eni will further develop its biorefining capacity through the development of new initiatives for producing biofuels for both aviation and land/maritime transportation.
Saudi Aramco looks to invest in Indian refineries
Saudi Aramco is in talks to invest in two planned refineries in India as the world's top oil exporter looks for a stable outlet for its crude in the world's fastest-growing emerging market
U.S. crude stocks, gasoline and distillate inventories fall
U.S. crude stocks, gasoline and distillate inventories fell last week, the Energy Information Administration (EIA) said on Wednesday.
India's Reliance to stop buying Venezuelan oil over U.S. tariffs
India's Reliance Industries, operator of the world's biggest refining complex, will halt Venezuelan oil imports after the United States announced a 25% tariff on nations buying crude from the South American nation.
Trump to hit Venezuelan oil buyers with tariff, extends Chevron's wind down
U.S. President Donald Trump on Monday issued an executive order declaring that any country buying oil or gas from Venezuela will pay a 25% tariff on trades with the U.S., while his administration extended a deadline for U.S. producer Chevron to wind down operations in the South American country.
How Russian energy trade might change if sanctions are eased
As talks aimed at ending the war in Ukraine continue, a potential relief in sanctions imposed on Russia, including its vast energy sector, is one of the issues on the agenda.
Indian refiners cut spot tenders as Russian oil shipments rebound
Indian refiners will issue fewer tenders for crude oil purchases on the spot market in the coming months, as Russian supplies bounce back from sanctions-related disruptions.
- Phillips 66 Independent Board Director pens letter to shareholders regarding dispute with Elliott Investment Management 3/28
- Russia increases fuel, diesel supply to Bolivia amid rising energy crisis 3/28
- Cenovus refinery in Ohio (U.S.) plans to shut multiple units for six weeks of work 3/28
- Motiva Texas refinery (U.S.) preparing second attempt to restart FCCU 3/27
- bp plans to sell its mobility and convenience business in Austria 3/27
- BASF starts up its first plant for recycled polyamide 6 3/27
