Crude oil
Nigeria's Dangote refinery said to be reselling crude
Nigeria's major Dangote oil refinery is reselling cargoes of U.S. and Nigerian crude, four trade sources familiar with the matter said on Friday.
Mexico seeks more 2025 fuel import deals after refinery delays
Mexico is seeking to import more motor fuel for next year than it had previously planned, to compensate for delays in the startup of its new Olmeca refinery.
India's Reliance gets U.S. nod to import oil from Venezuela
India's Reliance Industries has received approval from the U.S. to resume importing oil from Venezuela despite Washington's sanctions.
Canada's Trans Mountain Pipeline weighs debt deal ahead of potential sale
Oil pipeline operator Trans Mountain plans to borrow in the bond market to refinance some of its outstanding debt before the Canadian government eventually sells it.
Oil drops as investors look past Biden exit, focus on weak fundamentals
Oil prices fell for a second consecutive session on Monday to their lowest level in over a month, as investors looked past U.S. President Joe Biden's decision to end his reelection bid and focused on rising stockpiles and signs of weak demand.
Mexico's Pemex to cut fuel imports to 20,000 bpd by early next year
Mexican state-owned oil company Pemex will reduce its fuel imports in September to some 52,000 bpd and to 20,000 bpd in the first quarter of 2025 as it ramps up production of its own refined products.
India's Reliance misses profit estimates on weak fuel sales margins
Reliance Industries, India's most valuable company, reported 1Q profit below analysts' estimates on Friday, hurt by lower margins on fuel sales.
Nigeria investigates fuel imports after Dangote Refinery rift with regulator
Nigerian lawmakers have set up a committee to investigate crude shortages to local refineries and the importation of dirty fuels, issues at the heart of a rift between the Dangote Refinery and Nigeria's downstream oil regulator.
Sinochem shuts Shandong refineries 'indefinitely' on poor margins
State-run Sinochem Group has shut in two of its three east China oil refineries for an indefinite period of maintenance, as high crude oil costs and weak fuel demand hurt margins.
Canadian crude exports from U.S. Gulf Coast fall only slightly despite TMX startup
About 150,000 bpd of Canadian crude were exported from the U.S. Gulf Coast in June, slightly lower than average, despite the expansion of the Trans Mountain pipeline (TMX), which pulled some barrels west to Vancouver.
- HIF Global and German eFuel One GmbH sign HoA for e-methanol offtake 2/20
- Venezuela's refineries boost processing to 35% of capacity 2/20
- New Trinidad gas projects could provide necessary feedstock for country's petchem and LNG sectors 2/20
- MK-Polymer delivers ethylene-propylene rubber to JSC Kazenergokabel 2/20
- Mexican authorities shut down 22-m long tunnel used in illegal smuggling of fuel supplies 2/20
- Digital Feature: First-stage ejector nozzle retrofit achieves meaningful performance improvement 2/20
