Crude oil
China still adding to crude inventories even as oil refining jumps
China still added more crude oil to inventories in the first two months of the year, despite lower imports and higher refinery processing rates.
European diesel tightens, crude weakens as French refinery outages linger
European diesel markets are flashing warnings of tightening supply while crude oil markets are weakening after nearly two weeks of disruptions at French refineries due to strike action
Mexico's Pemex to lift crude processing to 1.2 M bpd this year
Mexican state-run oil company Petroleos Mexicanos, also known as Pemex, expects to increase its crude processing to 1.2 M bpd this year
Russia's Urals crude supply to EU via southern Druzhba rises
Russia's piped supply of Urals crude to the European Union via the southern spur of the Druzhba pipeline is set to rise 6% on a daily basis in the first quarter from the three months before.
China's diesel exports could fall as refiners focus on domestic demand/filling reserves
China's diesel exports could fall to an eight-month low in March as refiners focus on meeting local demand and increasing domestic stockpiles ahead of planned overhauls at refineries.
Citgo Petroleum posts record $2.8 B profit for 2022
Refiner Citgo Petroleum Corp reported record net profit of $2.8 billion for 2022 on strong motor fuel demand, high margins and refining output that exceeded its plants' listed capacity.
New Petrobras CEO discussed the future of Brazilian oil/gas and fuels industry with other sector partners
Petrobras’ CEO, Jean Paul Prates, took advantage of the presence of the leaders of the largest energy companies on the planet at CERAWeek, in Houston, Texas (USA), to promote the importance of joint actions by the industry both in renewable energy projects and in initiatives for better use of oil and gas reserves.
Germany's Schwedt refinery losing out in race from Russian oil
Slashed output at Germany’s Schwedt oil refinery demonstrates the difficulty Berlin faces in turning away from Russian oil, despite plans to work with Poland to find alternative supply.
Philippines rushes to contain oil spill from sunken fuel tanker
Environment and disaster authorities in the Philippines rushed to contain an oil spill on Friday from a sunken fuel tanker that has reached coastal towns on a large central island, warning of dangers to marine ecosystems if more oil leaks.
Lukoil has begun ship-to-ship loadings of ULSD
Russian oil producer Lukoil has started ship-to-ship (STS) loadings of ultra-low-sulfur diesel (ULSD) off its western exclave of Kaliningrad.
- U.S. SAF production forecast to eclipse 50,000 bpd by 2026 7/17
- Pertamina expects Balikpapan's CDU IV to resume later this month 7/17
- Exxon shut Joliet, Illinois, refinery after power outage 7/17
- ExxonMobil introduces Enable™ 1617 performance polyethylene 7/17
- Essar launches hydrogen power plant at Stanlow refinery (U.K.) 7/16
- Trelleborg partners with Airbus on hydrogen-powered air travel 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
