Crude oil
Future refineries in India may be smaller capacity
India will look at building smaller oil refineries because of problems in acquiring land as it aims to raise its annual refining capacity to 9 million bpd.
Oil slips as economic jitters offset U.S. debt deal
Oil prices slipped as economic worries over further interest rate hikes trumped a tentative debt ceiling deal reached in the U.S., possibly averting a default in the world's largest economy and oil consumer.
Turkey's Urals oil purchases hit seven-month high in May
Turkey's purchases of Russian Urals oil hit a seven-month high in May as Turkish refiners took advantage of low prices for the grade.
China's fuel oil imports soar as inspections curb bitumen blend intake
China's independent oil refiners are ramping up fuel oil imports to process into gasoline and diesel amid robust refining margins as ongoing cargo inspections at refining hub Shandong have cut off supplies of lower-priced feedstock bitumen blend.
Oil climbs after U.S. leaders strike provisional debt deal
Oil prices rose in early Asian trade after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer.
ConocoPhillips to buy rest of Canada's Surmont oil site, bumping Suncor
ConocoPhillips said it was buying the 50% stake in the Surmont oil facility held by TotalEnergies' Canadian subsidiary for about $3 B, giving it full ownership and elbowing away rival Suncor Energy.
Nigeria's NNPC sets agreements with Total, CNOOC on deepwater oil block
Nigeria's state-owned oil company NNPC Ltd said it had renewed a production sharing contract with Total, China National Offshore Oil Corp and others, a major step to resolving disputes on a deepwater oil block in the Niger Delta.
Oil prices up amid OPEC+ supply cut uncertainty
Oil prices ticked up as the market weighed conflicting messages on supply from Russia and Saudi Arabia ahead of the next OPEC+ policy meeting.
Russia leaning towards leaving oil output unchanged ahead of OPEC+ meeting
Russia is leaning towards leaving oil production volumes unchanged ahead of an OPEC+ policy meeting in June because Moscow is content with current prices and output.
Kazakhstan to send 100,000 tons of crude to Germany via Druzhba in May
Kazakhstan's oil exports to Germany via Russia's Druzhba pipeline are expected to reach 100,000 tons in May, pipeline operator KazTransOil says.
- Essar launches hydrogen power plant at Stanlow refinery (U.K.) 7/16
- Trelleborg partners with Airbus on hydrogen-powered air travel 7/16
- Neste, Mitsubishi Corporation agree on strategic partnership to develop supply chains for renewable chemicals and plastics 7/16
- Vale, Komatsu and Cummins announce collaboration to develop dual-fuel large trucks, powered by ethanol and diesel 7/16
- Mexico–U.S. energy trade value fell in 2023 on lower fuel prices 7/16
- Belarus' Mozyr oil refinery restoring operations after outage due to storm 7/16
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
