Refining
Japan's Taiyo Oil to shut 2 CDUs at Shikoku refinery in summer for maintenance
Japanese oil refiner Taiyo Oil Co plans to shut two crude distillation units (CDUs) at its 138,000 bpd Shikoku refinery in western Japan in the summer for scheduled maintenance.
Montfort wins bid for Uniper's marine fuels oil refinery in UAE
Montfort has emerged as the top bidder for Uniper Energy's oil refinery in the UAE that produces low-sulfur fuel oil for the shipping industry, multiple sources familiar with the matter said this week.
Germany's Schwedt refinery to get non-Russian oil via Gdansk in January
Germany has received confirmation that commercial crude oil deliveries for the PCK Schwedt refinery are expected in the Polish port of Gdansk in January, the economy ministry told Reuters.
Europe boosts Russian diesel buying ahead of ban set to rock market
European traders are rushing to fill tanks with Russian diesel as the clock runs down on a Feb. 5 European ban expected to tighten supplies, re-draw global shipping routes and increase price volatility.
Exxon prepares to start up $1.2 B Texas oil refinery expansion
Exxon Mobil Corp in coming days will sharply boost gasoline and diesel production at its Beaumont, Texas, refinery, people familiar with the matter said, completing a $1.2 B expansion first considered nine years ago.
China demand optimism sets oil on track for strong weekly gain
Oil prices rose on Friday and were on track to gain over 7% on the week due to solid signs of demand growth in top oil importer China and expectations of less aggressive interest rate rises in the United States.
Venezuela earmarks a third oil cargo to Chevron under U.S. license
Venezuelan state oil company PDVSA has assigned a third crude cargo to Chevron Corp under a U.S. authorization that restarted exports to the United States after a nearly four-year pause.
French refinery, metro strikes loom in clash over pension reform
France's CGT trade union called for strikes in the refinery sector against plans to make people work longer before they can retire and Paris metro unions said they would do "everything they can" to stop the pension reform.
Nghi Son refinery to shut for 55 days from August 25 for maintenance
Vietnam's largest refinery, Nghi Son, will be shut down for 55 days starting August 25 for major maintenance.
ExxonMobil sells interest in Esso Thailand
ExxonMobil has reached an agreement with Bangchak Corporation to sell its interest in Esso Thailand that includes the Sriracha Refinery, select distribution terminals, and a network of Esso-branded retail stations.
- Bechtel greenlit for Sabine Pass Liquefaction expansion in Southwest Louisiana (U.S.) 5/29
- Philippines receives rare Iranian crude cargo after wartime disruption 5/29
- Gazprom and Sibur resume talks on possible ethane project to supply additional feedstock to the Kazanorgsintez petrochemicals plant 5/29
- European Commission debates policy shift to protect industry from China 5/29
- Mitsui seeks LNG investments to meet power demand from data centers 5/29
- Kenyan government backs Gulf fuel supply deals after opposition criticism 5/29
