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Refining

Nigeria commissions Dangote refinery, seeks to end fuel imports

Nigeria commissioned Dangote Refinery amid hopes of transforming the country into a net exporter of petroleum products, but analysts said securing crude supplies could affect it achieving full production this year.

Rare shipment of U.S. oil heads to South Africa for Glencore refinery

A shipment of U.S. oil is headed to South Africa for the first time in two years and destined for a Glencore-owned refinery in Cape Town that has restarted operations after an explosion shuttered it in 2020, according to ship tracking data and a source.

China's Sinopec agrees terms for potential Kazakhstan polyethylene investment

China's Sinopec and Kazakh state-owned oil and gas company KazMunayGaz have agreed key terms for a potential investment in a polyethylene plant in Kazakhstan's western Atyrau region.

Shell reports 'operational upset' at unit in Singapore complex

A unit at Shell's Pulau Bukom refinery and petrochemical complex in Singapore experienced an "operational upset".

Valero responds to fire at Corpus Christi, Texas, refinery

Valero Energy Corp said crews had responded to a fire on Wednesday within its 290,000 barrel-per-day Corpus Christi West refinery in Texas.

U.S. refiners build new oil processing as travel rises

U.S. oil refiners aim to run at up to 94% of a total 17.9 million bpd processing capacity this quarter, according to company forecasts and analysts, driven in part by expectations of seasonal travel demand.

Crews responding to fire at Valero's Corpus Christi refinery

Crews are responding to a fire within the 290,000 barrel-per-day Valero Energy Corp's Corpus Christi West refinery in Texas, according to a community alert.

Venezuela's PDVSA to ramp up refining by 20% in 2023

Venezuelan state energy company PDVSA's new management expects to boost the country's oil production to 1.17 million bpd by year end while increasing refining and exploration activities, an internal planning document showed.

One worker dies after fire at Marathon's Texas refinery

A Marathon Petroleum worker has died from injuries suffered in a fire that broke out at the company’s giant Galveston Bay Refinery in Texas City, Texas.

India's Hindustan Petroleum posts biggest jump in quarterly profit in 9 yr

Indian state-owned oil refiner Hindustan Petroleum Corporation Ltd said it posted its biggest quarterly profit in nine years, helped by a fall in crude prices and higher refinery margins.