Crude oil
China's Sinopec to prioritize risk control in Russian oil purchases
Top Chinese refining major Sinopec Corp. will prioritize "risk control" in purchasing Russian oil, which has similar quality for its value versus competing global supplies.
U.S. slaps Iran-related sanctions on oil tankers, China 'teapot' refinery
The U.S. on Thursday issued new sanctions intended to hit Iran's oil exports, including what the State Department said were the first U.S. measures targeting a Chinese "teapot refinery" processing the crude.
Asia's sour crude demand to rebound on completed regional refinery maintenance and upgrades
Asia's sour crude demand is set to rebound from late Q2 as refiners return from maintenance and ExxonMobil completes a Singapore refinery upgrade that is poised to increase its heavy oil use
EIA: U.S. crude imports from Canada fall to 2-yr low after tariff developments
U.S. crude imports from Canada fell to the lowest in two years as U.S. net crude imports also sank, after President Donald Trump's administration imposed tariffs on imported crude from its northern neighbor.
Ukraine, Russia energy assets in focus after Trump-Putin call
Russia and Ukraine accused each other on Wednesday of launching air attacks that sparked fires and damaged infrastructure just hours after their leaders agreed to a limited ceasefire to halt attacks on energy infrastructure.
Venezuela's PDVSA to keep producing, exporting and processing oil previously handled by Chevron
Venezuela's state-run PDVSA has put together three operational scenarios as part of a plan to continue producing and exporting oil at its largest JV with Chevron once a license for the U.S. major to operate in the country expires next month.
Digital Exclusive: The implementation and automation of an alarm management system in a complex control environment at KNPC’s Mina Al-Ahmadi refinery
With the recent advancements in technology and availability of control support applications, the role of an alarm management system (ALMS) has taken a center stage to fulfill the requirements of safe and enhanced operations. This article details how refinery personnel implemented an ALMS at KNPC's Mina Al-Ahmadi refinery in Kuwait, especially with the facility's complex control rooms and multiple distributed control systems.
China made rare draw on crude oil inventories amid weak imports
China dipped slightly into crude stockpiles in the first two months of the year as refiners processed more oil and imports remained weak.
Turkey's Tupras imports first Brazilian crude cargo
Turkey's largest oil refiner Tupras is set to receive a cargo of Itapu crude early next month, its first such purchase from Brazil, according to a source with knowledge of the matter, and ship tracking data.
China's January–February refinery output up 2.1% on holiday travel, new refinery
China's crude oil throughput in January and February rose 2.1% vs. a year earlier, official data showed on Monday, supported by a new refinery and holiday travel, but weak refining margins persisted.
- 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
