Refining
Vietnam's Binh Son Refining and Petrochemical buys 1 MMbbls of oil from the U.S.
Vietnam's Binh Son Refining and Petrochemical has bought 1 MMbbls of U.S. West Texas Intermediate crude for November delivery, the country's first U.S. oil purchase in 2025.
U.S. crude oil and distillate inventories rise, gasoline stockpiles fall
U.S. crude inventories unexpectedly rose as imports increased, while gasoline stockpiles fell last week, the Energy Information Administration said.
Phillips 66's Bayway refinery's gasoline unit at reduced rates after fire
Phillips 66 has reduced gasoline output at its 258,000-bpd Bayway refinery in Linden, New Jersey after a fire near the plant's gasoline producing unit
Citgo Petroleum returned to profit in the second quarter
Venezuela-owned U.S. refiner Citgo Petroleum registered net income of $100 million in the second quarter vs. a $25 million loss in the same quarter last year, finishing the period with liquidity of $2.6 billion.
India's Reliance makes rare fuel oil purchase from HPCL
Reliance Industries has in recent weeks made rare fuel oil purchases from state-run Hindustan Petroleum Corp. The purchases suggest the operator of the world's largest refining complex is diversifying its fuel oil sources as India comes under heavy pressure from the U.S. over its energy ties with Russia.
Japan's Eneos shuts 77,000-bpd Kawasaki No.3 CDU for maintenance
Japan's biggest refiner, Eneos Corp, has shut the 77,000 barrel-per-day No. 3 crude distillation unit at its Kawasaki refinery, near Tokyo, on August 9 for scheduled maintenance
VINCI wins major contract for innovative biofuels plant in Spain
Moeve and Apical have awarded Grupo Cobra and Masa - both subsidiaries of Cobra IS – the electrical, piping and industrial mechanical works of the largest second-generation biofuels plant in Spain.
Dangote Refinery cuts fuel price before planned sales to local Nigerian market
The latest price cut from 850 naira, effective from Aug 12, comes as the company targets fuel supply directly to retail stations, manufacturers, telecoms firms, and other large users, to boost supply of its products.
AFPM: U.S. RFS proposal misses the mark on affordability, security by an ‘Iowa mile’
The American Fuel & Petrochemical Manufacturers (AFPM) recently submitted comments on the Environmental Protection Agency’s proposed Renewable Fuel Standard volumes for 2026 and 2027.
Indonesia's Pertamina delivers first used cooking oil aviation fuel
PT Kilang Pertamina Internasional, the refinery unit of Indonesian state energy company Pertamina, has started its first shipments of sustainable aviation fuel (SAF) made partly from used cooking oil
- Slovakia considers higher diesel price for foreigners to battle fuel tourism 3/17
- China's fuel export ban to further tighten Asia supply 3/17
- Japanese refiner Idemitsu to invest $500 MM in Australian Midocean to enter LNG business 3/17
- European airlines plan challenge to EU synthetic jet fuel rules 3/17
- CITGO launches advanced grease technology for severe-duty applications 3/17
- Macquarie walks away from Kuwait oil pipelines deal amid Iran war 3/17
