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Refining

PetroChina's Jieyang refinery to receive first Venezuelan oil cargo

PetroChina's Jieyang refinery will receive its first direct crude oil cargo from Venezuela, according to trade sources and ship tracking data on Kpler, after Washington temporarily lifted sanctions on the OPEC producer.

U.S. crude and gasoline stockpiles fall as refining ramps up

U.S. crude oil stockpiles fell unexpectedly last week as exports rose and refiners continued to increase activity, while gasoline inventories decreased more than expected.

Russia considers altering maintenance schedule at oil refineries

Russian Energy Minister Nikolai Shulginov said that the government and companies are in discussions about changes to the schedule of maintenance at oil refineries to tackle damaged downstream capacity.

bp's Indiana (U.S.) refinery back to normal operations after Feb outage

bp’s 435,000-bpd Whiting, Indiana (U.S.), refinery has returned to normal operations for the first time since a February plantwide power outage.

Italy's Saras reports drop in 2023 core profit of refined products ahead of Vitol's takeover

Saras  reported a 41% fall in its full-year comparable core earnings due partly to weaker profitability of refined products, as global commodity trader Vitol prepares to take over the Italian oil refiner later this year.

Vietnam's Dung Quat refinery: will keep selling products during maintenance period

Vietnam's Binh Son Refining and Petrochemical will continue selling refined petroleum products from its Dung Quat refinery during a 50-day maintenance period at the facility.

Ukrainian drones attack Russian oil refinery in Kaluga region

Ukraine attacked a small oil refinery in Russia's Kaluga region with drones, causing damage in an operation that was conducted by the GUR military spy agency.

Report: 80% of Petrochemical Process Engineers Concerned Power Equipment Could Affect Refinery Operations

New reports exploring the European petrochemicals industry has discovered over 80% of its process engineering professionals are concerned their current power equipment could affect refinery operations.

U.S. crude stocks post surprise drop as refiners ramp up processing

Crude inventories fell by 1.5 MM barrels to 447 MM barrels last week, the EIA said, compared with analysts' expectations in a poll for a 1.3 MM-barrel rise.

Ukraine knocks out Russian refinery in major attack

Ukraine pounded targets in Russia with dozens of drones and rockets in an attack that inflicted serious damage on a major oil refinery and sought to pierce the land borders of the world's biggest nuclear power with armed proxies.