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Refining

Nigeria's Dangote refinery supplies petroleum products to local market

Nigeria's Dangote oil refinery started supplying petroleum products to the local market, a company executive and fuel marketing associations said, a major step in the country's quest for energy independence.

U.S. petroleum product exports set another record high in 2023

Petroleum product exports from the U.S. averaged a record 6.1 MM bpdy in 2023, an 2.5% increase from 2022, according to EIA's Petroleum Supply Monthly.

The Neste refinery in Porvoo, Finland is gearing up for a significant turnaround in 2024

Neste maintains safe and uninterrupted refinery operations through regularly scheduled maintenance shutdowns, with preparations for the major turnaround at its Porvoo, Finland refinery, which commenced on April 1st, including shutdowns of process units occurring from April to June.

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ADNOC cuts Upper Zakum oil exports sharply after diverting supply to refinery

Exports of Upper Zakum crude from the United Arab Emirates fell sharply in March after ADNOC diverted more supply to its own refinery and boosted shipments of its lighter Murban oil.

Russia's Ryazan oil refinery restores crude processing to 60% of pre-attack level

Russia's Ryazan oil plant resumed operations at primary oil refining unit CDU-4 this week, increasing its total crude intake to 60% of normal capacity or 169,000 bpd.

Sri Lanka minister says Sinopec to start work on refinery by June

The world's largest refiner, China's Sinopec, plans to start work on a refinery in Sri Lanka by June, the power minister said, advancing a project earmarked as the biggest investment in the crisis-hit island nation

Nigeria's Dangote oil refinery could accelerate European sector's decline

Nigeria's giant Dangote oil refinery could bring to an end a decades-long gasoline trade from Europe to Africa worth $17 B a year, heaping pressure on European refineries already at risk of closure from heightened competition.