Refining
Mexico's Pemex to cut fuel imports to 20,000 bpd by early next year
Mexican state-owned oil company Pemex will reduce its fuel imports in September to some 52,000 bpd and to 20,000 bpd in the first quarter of 2025 as it ramps up production of its own refined products.
India's Reliance misses profit estimates on weak fuel sales margins
Reliance Industries, India's most valuable company, reported 1Q profit below analysts' estimates on Friday, hurt by lower margins on fuel sales.
Nigeria investigates fuel imports after Dangote Refinery rift with regulator
Nigerian lawmakers have set up a committee to investigate crude shortages to local refineries and the importation of dirty fuels, issues at the heart of a rift between the Dangote Refinery and Nigeria's downstream oil regulator.
Calcasieu Refining shuts Louisiana refinery after chemical overflow
Calcasieu Refining Company has shut down operations at its 135,500-bpd Lake Charles refinery after a chemical overflow caused heavy flaring, according to a local media report on Thursday.
Argentine biofuels chamber calls new U.S. biodiesel duties illegal
The U.S. Commerce Department slapped anti-dumping duties of between 60.44% to 276.65% on biodiesel from Argentina and Indonesia, on top of already steep anti-subsidy duties. The Argentine Chamber of Biofuels said that increased U.S. duties on Argentine biodiesel were "arbitrary and illegal" and would shut Argentina out of the market in the U.S.
Petrobras and Braskem complete tests for renewable content chemical product
Petrobras has successfully finished a series of industrial-scale tests to produce a light hydrocarbon stream (LHR) rich in ethylene, incorporating renewable content. Over the past year, this project, in collaboration with Braskem, has developed a viable renewable raw material for the chemical industry.
ONEOK announces refined products pipeline expansion to the Greater Denver area
ONEOK Inc. has announced plans to expand its pipeline capacity connecting Mid-Continent and Gulf Coast refined products supply with the greater Denver (Colorado, U.S.) area to meet growing demand and increase connectivity with Denver International Airport (DIA).
Sinochem shuts Shandong refineries 'indefinitely' on poor margins
State-run Sinochem Group has shut in two of its three east China oil refineries for an indefinite period of maintenance, as high crude oil costs and weak fuel demand hurt margins.
Slovakia, Hungary say Ukraine has halted Lukoil's Russian oil transit
Slovakia and Hungary said they have stopped receiving oil from key supplier Lukoil after Ukraine imposed a ban last month on the transit of resources from the Russian energy company via its territory.
Rompetrol completes DCU project at Petromidia refinery
Rompetrol has finalized modernizing the delayed coking unit of the Petromidia refinery by implementing a new drilling/cutting system of petroleum coke, as well as the automation of the production flow.
- 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
