Crude oil
Alternative Chinese terminals emerge to take in sanctioned tankers
A handful of newer Chinese terminals recently began receiving oil tankers sanctioned by the U.S., according to five sources and shipping data, providing logistics relief after a major port operator unexpectedly banned such deliveries last month.
U.S. crude stockpiles build on ongoing refinery maintenance
U.S. crude oil inventories rose last week as refinery maintenance continued, while gasoline stockpiles posted a surprise draw.
Some U.S. Gulf refiners paying premium prices for Trinidad's Molo crude
Some U.S. Gulf Coast refiners have recently paid prices over the Brent LCOc1 crude benchmark for Trinidad and Tobago's Molo heavy sour crude.
China’s crude oil imports decreased from a record as refinery activity slowed
Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared with the record high set in 2023. China, the world’s largest importer of crude oil, received 11.1 MMbpd in 2024, down from 11.3 MMbpd in 2023.
Russia's oil transit via Ukraine down 15% in 2024
Russia's oil transit through Ukraine's pipeline system declined by 15% in 2024 to 11.5 MM tonnes (t) (230,300 bpd).
U.S. refiner Delek could run more light sweet oil if tariffs bite, CEO says
U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on Thursday, amid tariff uncertainty threatening supplies of heavy sour grades from Canada and Mexico.
Trans Mountain says projects could expand pipeline capacity by 300,000 bpd
Canadian pipeline operator Trans Mountain is looking at expansion projects in the short and long terms that could add between 200,000 bpd and 300,000 bpd of capacity to the company's system.
BP Europa SE announces intended sale of Ruhr Oel GmbH-BP Gelsenkirchen refinery in Germany
BP Europa SE today announced its intention to market its Ruhr Oel GmbH – BP Gelsenkirchen operation in Germany for potential sale. Its assets include the bp refinery in Gelsenkirchen and DHC Solvent Chemie GmbH in Mülheim an der Ruhr.
Digital Exclusive: Executive viewpoint-Recycled plastic used in roads as Aramco adopts the circular economy
This article details how Aramco is using recycled plastic waste in the construction of new highways and the program aims to reduce emissions and costs, while improving the quality of road infrastructure by utilizing circularity principles
EIA: U.S. crude inventories surge amid refinery maintenance season
U.S. crude oil inventories rose sharply last week as demand softened on ongoing refinery maintenance, the U.S. Energy Information Administration (EIA) said on Wednesday.
- Ergon to invest $400 MM to expand gasoline production at Vicksburg refinery (U.S.) 4/2
- DB Schenker to use Neste's renewable diesel to decarbonize logistics in Asia 4/2
- U.S. EPA's upcoming proposal on biofuel blending mandates to cover two years 4/2
- ExxonMobil to invest more than $100 MM in Baton Rouge upgrade to produce high-purity isopropyl alcohol 4/2
- Stockholm Exergi to begin building one of the world's largest carbon capture projects using CATACARB Enhanced HPC 4/2
- Quaker Houghton completes its acquisition of Dipsol Chemicals and announces its acquisition of Natech 4/2
