Refining
Phillips 66, Kinder Morgan eye new pipeline to bolster U.S. West Coast fuel supply
If constructed, the new pipelines could help ease the strain on West Coast fuel supply from the planned closures of Phillips 66's Los Angeles refinery by the end of this year and Valero Energy's Benicia refinery next year.
EIA: U.S. crude stocks climb more than expected as refinery crude runs decline
U.S. crude stocks rose more than expected last week as refining crude runs dropped sharply to their lowest in more than a year and a half.
China allows more biofuel firms to export green aviation fuel
While Europe, the world's second-largest aviation fuel market, has yet to set a mandate for the usage of greener fuel, Chinese biofuel firms are building more SAF plants and targeting the continent as a top export destination.
Western pressure to hit Asian buying of Russian oil and LNG from December
Washington is exerting pressure on China, India and Japan through trade talks to reduce their purchases of Russian oil and LNG, while Britain has just imposed sanctions on Chinese and Indian entities.
bp says fire extinguished at Whiting, Indiana (U.S.) refinery
It was earlier reported that multiple units were offline at the refinery, which is the largest in the U.S. Midwest region.
Indonesia considering 1% SAF blend by 2026
Indonesia's state energy firm Pertamina this year started producing SAF made partly from used cooking oil (UCO) in one of its refinery units, and is planning to convert two other refineries to process fuel from UCO.
Russia says refineries to postpone maintenance to saturate market
In September, Russia imposed a partial ban on diesel exports and extended a gasoline export ban, which applies to all exporters, until the end of the year.
UK sanctions Russia's Lukoil and Rosneft, targets shadow fleet
Lukoil and Rosneft were designated under Britain's Russia sanctions laws for what London described as their role in supporting the Russian government. They are subject to an asset freeze, director disqualification, transport restrictions, and a ban on British trust services.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
- U.S. liquid fuels groups announce progress on E15, small refinery exemption reform 12/5
- Million Air and Avfuel bring SAF to Austin, Texas (U.S.) 12/5
- Chinese refiners buy oil from storage, raise output with fresh import quota 12/5

