Refining
Mexico's Pemex sees poor environmental record as threat to financing
Mexican state oil company Pemex said it has been falling behind in a global race to transition from fossil to renewable energy sources, and that stricter demands from environmentally conscious investors pose a threat.
Poland ready for Russian oil ban, says minister
Poland is prepared for a Russian ban on oil sales to countries implementing a price cap, the climate minister said, with the country having cut its intake of Russian crude and secured alternative supplies from producers such as Saudi Arabia.
U.S. oil refiners restoring lost output, some outages to run into January
U.S. oil refiners were working feverishly to resume operations at a dozen facilities knocked offline by a holiday deep freeze, a recovery that in some cases will stretch into January.
Fire at Lanaz refinery in Iraq's Erbil under control
A fire at the Lanaz refinery in the northern Iraqi city of Erbil has been brought under control by civil defence teams, the state news agency INA reported.
Oil hits 3-week high as China eases COVID curbs
Oil hit a three-week high on Tuesday as China's latest easing of COVID-19 restrictions spurred hopes of a demand recovery, although prices pared gains after some U.S. energy facilities shut by winter storms began to restart.
Tanker rates for refined petroleum products reach multiyear highs during 2022 (1)
Rates for petroleum product tankers that carry low-sulfur petroleum products, including refined petroleum products such as motor gasoline, diesel fuel, jet fuel, and naphtha, reached multiyear highs this summer.
Crude oil prices rise above $100 per barrel after Russia’s further invasion into Ukraine (1)
Since mid-January 2022, the geopolitical risk related to Russia’s further invasion of Ukraine has contributed to higher and more volatile crude oil prices.
Mexico's newest oil refinery now seen working at half capacity in mid-2023
Mexican state oil company Pemex's newest refinery will reach half of its crude processing capacity in July, the national president said, marking the latest shift in timing for the project's operations.
LUKOIL completes reconstruction of several units at Volgograd refinery
A large-scale reconstruction has been completed at the Volgograd refinery. The project included modernization of the CDU-VDU-5 crude distillation unit with production capacity of 3.5 MMtpy and the solvent extraction unit with production capacity of 300, 000 tpy.
Two dead after fire at refinery in Russia's Angarsk
Two people died and two others were injured after a massive fire and explosion at an oil refinery in Russia's Angarsk in southeastern Siberia, the local governor Igor Kobzev said.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- 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
