Economics
Kuwait oil minister says study shows lack of interest in Al Zour Petrochemical complex
Kuwait's oil minister said the results of a study conducted by Ernst & Young showed a lack of investor appetite for participation in the Al Zour Petrochemicals complex project.
DNO partly resumes oil production in Iraq
Norwegian oil company DNO said that last month it partly resumed production at its Tawke field in the Iraqi Kurdistan region, delivering oil to the local market at a discount as a key export pipeline remained shut.
Singapore's middle distillates stocks rise as imports from India emerge
Singapore's middle distillates inventories clawed back earlier weeks' of losses and rose on higher gasoil imports, with Indian-origin cargoes arriving for the first time in more than three months.
Venezuela fails to curb oil leaks, gas flaring despite pledges
Venezuelan state oil company PDVSA has failed to make any dent in its oil spill or gas flaring woes, despite nascent promises of environmental clean-up by President Nicolas Maduro's government, according to people within the company.
Summer Midwest distillate inventories rise amid high production and transit constraints
Midwest distillate inventories increased rapidly in June and early July due to increased regional refinery production and limitations on moving distillate and other products outside the region.
Malaysia's palm oil board, Petronas to study use of palm waste as aviation fuel
Malaysia's palm oil board and state oil firm Petronas have signed an agreement to study the use of used cooking oil and palm oil waste as sustainable aviation fuel.
U.S. gasoline prices at year high, tight supply weighs on motorists
U.S. motorists hoping to squeeze out one last trip before the Labor Day holiday and school begins are finding pump prices that have surged to their highest level this year on tighter gasoline supplies.
Decarbonization group's biofuel bunkering trial finds 20% drop in emissions
The Global Center for Maritime Decarbonization found net carbon emissions fell 20% using a vegetable oil biofuel blend compared with very low sulfur fuel oil in a trial for a dual-fuel LPG carrier, the center said
Indonesia launches WTO dispute over EU duties on biodiesel imports
Indonesia has requested World Trade Organization dispute consultations with the European Union regarding the bloc's imposition of duties on imports of biodiesel from the Southeast Asia nation.
Lawmakers urge Biden to resolve offloading delay of seized Iran oil tanker
U.S. lawmakers from both political parties have urged President Joe Biden and members of his administration to resolve a months-long delay in the transfer of a cargo of oil from a seized Iranian tanker off Texas.
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- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
