Crude oil
Alcoa's Australia unit flags 30% production cut at alumina refinery
Aluminum producer Alcoa Corp said on Monday it expects production at its partially owned Kwinana alumina refinery in Western Australia to be cut by about 30% due to a shortage of gas supply.
U.S. pipeline regulator probing 60-barrel leak on Colonial's Line 3
The U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) is monitoring an estimated 60-barrel leak on Colonial Pipeline's Line 3 in Virginia, a source told Reuters.
Venezuela's oil exports slipped despite big assist from Iran
Venezuela's oil exports last year declined due to infrastructure outages, U.S. sanctions and rising competition in its key Asia market despite assistance from ally Iran, according to shipping data and documents.
Venezuela's lack of dredging causes trouble for Chevron's heavy oil exports
A shipping channel snafu is slowing Chevron Corp's efforts to load tankers at one of its four Venezuelan joint ventures and bring heavy crude to the United States.
Japan's Idemitsu restarts Yokkaichi No.2 CDU after maintenance
Japan's second-biggest oil refiner, Idemitsu Kosan Co, restarted the 100,000 bpd No.2 crude distillation unit (CDU) at its Yokkaichi refinery in central Japan on Dec. 3
Vietnam's largest refinery output to fall 20%-25% due to unit shutdown
The Ministry of Industry and Trade has asked fuel traders to increase their imports to compensate for the shortfall "to ensure sufficient fuels for the local market until the end of the first quarter," the government said.
Crude oil prices increased in first-half 2022 and declined in second-half 2022
In the first half of 2022, geopolitical tension with Russia, culminating with Russia’s full-scale invasion of Ukraine on February 24, contributed to crude oil price increases.
Oil dives 4%, trade choppy on worries about China, global economy
Oil prices tumbled 4% in volatile trade, pressured by weak demand data from China, a gloomy economic outlook and a stronger U.S. dollar.
Chevron to send 500,000-barrel cargo of Venezuelan oil to its Pascagoula refinery
U.S. oil producer Chevron Corp plans to export this month its first cargo of Venezuelan crude to its Pascagoula, Mississippi refinery following a U.S. license granted last year, according to shipping documents seen by Reuters.
Energy commodity prices in 2022 showed effects of Russia’s full-scale invasion of Ukraine
After increasing 68% from January through June, the energy component of the S&P Goldman Sachs Commodity Index (GSCI) ended the year 10% higher than the first trading day of 2022.
- 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
- Tribunal rejects TC Energy's $15-B claim for Keystone XL 7/17
- U.S. imports of Canadian crude hits record high following TMX startup 7/17
- 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
