Crude oil
Russia sees scope for oil exports boost to China, urges cooperation in LNG
China and India have become the main buyers of Russian oil since the start of Russia's military campaign in Ukraine in February 2022.
Vietnam's Binh Son refinery steps up U.S. oil imports
Vietnam has been seeking to buy more U.S. goods to narrow a trade gap between the two countries since Trump threatened in April to impose tariffs on Vietnamese products.
Update: bp crew excavates Olympic Pipeline, yet to find cause of leak
bp said on Friday its Olympic Pipeline crew excavated more than 100 ft (0.03 km) of pipeline following a leak earlier this month near Everett, Washington (U.S.), but have not yet identified the source of the leak.
Lukoil's Finnish fuel chain Teboil files for corporate restructuring
The United States last month hit Lukoil with sanctions over Moscow's war in Ukraine, disrupting the company's international business.
India's Reliance stops importing Russian crude for refinery operations
The Indian conglomerate, which has a long-term deal to buy nearly 500,000 bpd of crude from Russian major Rosneft, had said it would abide by sanctions against Moscow while maintaining ties with current oil suppliers.
Update: Fire extinguished at Venezuelan oil upgrader, operations halted
Incidents and outages are frequent within PDVSA's aging infrastructure, including oilfields, refineries and upgraders that are key to turning the country's extra heavy oil output into exportable crude grades.
Lukoil trading arm shrinks fast under Western sanctions
The measures, which also target state-owned Rosneft, took effect on Friday as Washington seeks to choke off Moscow’s ability to fund its war in Ukraine. They have thrown Lukoil’s global operations into limbo, from oilfields in the Middle East to fuel pumps and refineries across Europe.
EIA: U.S. crude stocks fall on higher demand, fuel inventories rise
U.S. crude stocks fell as refining and export demand rose, while gasoline and distillate inventories rose last week.
Reliance buys 1 MMbbl of crude from Kuwait's KPC, trade sources say
Last week, KPC issued a tender to sell crude oil that the Al-Zour refinery is unable to process because of unplanned maintenance after a fire.
Rosneft’s Ryazan refinery suspended crude processing after drone strike
Ukraine has ramped up drone attacks deep inside Russia, aiming to knock out oil refineries, depots and pipelines. Ukrainian drones have struck at least 17 major refineries this year.
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Honeywell to supply integrated automation systems for flagship UK carbon capture projects 12/4
- Aduro Clean Technologies collaborates with ECOCE to advance plastics recycling in Mexico 12/4
- FincoEnergies launches GoodFuels B15: A reliable and compliant drop-in biofuel for inland shipping 12/4
- DevvStream, Southern Energy Renewables target low-cost, carbon-negative SAF and green methanol 12/4
- AFPM: Revised fuel economy standards would put CAFE back on solid legal footing 12/4
