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Naphtha

Oil refiners adding renewable feedstock to produce cleaner fuels

Oil refiners are increasing their efforts to blend renewable feedstocks such as used cooking oil into their crude refining streams to meet global demand for cleaner fuels.

India's January fuel demand drops to 3-month low

India's January fuel consumption hit its lowest monthly level since October, but was up 3.2% year-on-year at 20.49 MM tonnes, oil ministry data showed on Friday.

CVR Energy says fire extinguished at Coffeyville, Kansas (U.S.) refinery

CVR Energy said a fire that broke out in the naphtha hydrotreater unit at a Coffeyville, Kansas refinery operated by a subsidiary has been extinguished.

Russian oil products trapped at sea by U.S. sanctions

Nearly 500,000 tonnes (t) of Russian oil products are trapped on tankers hit by U.S. sanctions.

Indian Oil to invest $7 B in naphtha cracker project

Indian Oil Corp. (IOC) will invest 610 B rupees ($7 B) to establish a naphtha cracker project in Paradip in the eastern state of Odisha.

Nigeria's Dangote Refinery hits 85% refining capacity

Nigeria's Dangote Refinery is now operating at 85% capacity and is on course to deliver European-standard products by January, an executive said on Friday.

Vitol agrees to acquire 66.84% of plastics recycling company WPU

Vitol B.V. has entered into a conditional agreement to acquire a controlling interest in Waste Plastic Upcycling A/S (WPU). On completion, which is subject to certain conditions precedent, Vitol will own 90.36% of the share capital of WPU.

Novatek naphtha exports from Ust-Luga hit record 530,000 t in Nov.

Russia's Novatek increased naphtha exports from its Ust-Luga complex in the Baltic Sea to a record high 530,000 tonnes in November.

U.S. deepens sanctions on Iran's 'shadow' oil fleet

The Biden administration on Tuesday ramped up sanctions on Iran, targeting 35 entities and vessels it said carried illicit Iranian petroleum to foreign markets as part of what the U.S. Treasury Department called Tehran's "shadow fleet."

Venezuela's oil, fuel exports approach 1 MMbpd fueled by sales to Asia

Venezuela's oil exports jumped last month on higher sales to its mainstay Asia customers, and approached 1 MMbpd, a level not seen since early 2020.