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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.

Russia replaces Iraq as top oil supplier to India in November

Russia has for the first time emerged as top oil supplier to India replacing Iraq as refiners last month snapped up oil from Moscow fearing a price cap from Dec. 5 could hit supplies and choke payment avenues, data obtained from trade sources showed.

The upgrade at PT Pertamina's Balikpapan refinery will increase production to 360 MMbpd

The PT Pertamina (Persero) refinery in the Indonesian town of Balikpapan will increase its production of oil derivatives to 360 MMbpd once its upgrading and improvement works are completed during 2024.

TotalEnergies decides to withdraw its directors from Novatek

Further to its principles of conduct defined for its activities in relation to Russia, published on March 22, 2022, TotalEnergies has gradually started to withdraw from its Russian assets while ensuring that it continues to supply gas to Europe.

Lukoil's Romanian refinery has alternative crude supplies

Romania's Petrotel Lukoil refinery, owned by Russia's Lukoil has found alternative fuel supplies and its petrol stations will not be affected by a ban on Russian imports, Energy Minister Virgil Popescu said on Monday.

More ethanol was blended into U.S. gasoline last summer than ever before

Last summer, when the price of fuel ethanol was lower than the petroleum component of gasoline, record amounts of ethanol were blended into the gasoline sold in the United States (blend rates).

Flexibility in catalyst technology for improved bottoms upgrading

BASF: Senter, C.  |  Clough-Mastry, M.  |  Tan, L.  |  Eren, B.

Bottoms product from fluidized catalytic cracking (FCC) is typically one of the least valuable products from a refinery.

Chevron can resume key role in Venezuela's oil output, exports

Chevron Corp received a U.S. license allowing the second-largest U.S. oil company to expand its production in Venezuela and bring the South American country's crude oil to the United States.

Chinese refiners boost diesel output to profit from robust export margins

China's refined oil product exports in November are set to hit the highest since April 2020 as refiners ramp up output to multi-month highs to boost diesel supply and profit, offsetting the impact of slower domestic demand from COVID-19 restrictions.

Neste and Rolls-Royce building a strategic partnership to accelerate the shift from fossil to renewable fuels

Neste and Rolls-Royce have agreed to build a strategic partnership on accelerating the use of renewable diesel as a lower-emission solution for diesel engines.