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Safety

Ukraine hits Russia's Volgograd oil refinery in latest drone attack

Two Ukrainian attack drones struck the largest oil refinery in southern Russia in the latest in a series of long-range attacks on Russian oil facilities.

SOCAR ships Azeri BTC oil to Thailand via Cape of Good Hope

Azerbaijan's state oil company SOCAR is shipping Azeri BTC oil to Thailand via Africa's Cape of Good Hope to avoid the Red Sea.

Power loss forces bp to shut biggest U.S. Midwest refinery

bp was purging its 435,000-bpd Whiting, Indiana, hydrocarbon refinery after a transformer failure caused a plant-wide power outage and forced an evacuation of all but the most essential workers.

Fuel tanker Luggati loads at Novatek's Ust-Luga terminal

The tanker Luggati is being loaded at Novatek's NVTK.MM terminal at the Baltic Sea port of Ust-Luga, where the company's fuel-producing complex was damaged by fire in January.

Traders divert Russian oil products around Africa to avoid Red Sea

Traders were diverting cargoes with Russian oil products around Africa to avoid the Red Sea due to a heightened risk of attacks by Yemen’s Iran-aligned Houthi group.

Well-stocked U.S. fuel markets shrug off January's arctic blast

A bitter January cold snap that knocked out 15% of Gulf Coast refining capacity had little effect on fuel prices, with two months of rising stockpiles helping U.S. markets avoid the extreme volatility seen during recent winter freezes.

Red Sea worries cause spike in refined fuel prices, but market will adjust

The main impact from the escalating tensions in the Middle East and the threat to ships transiting the Red Sea isn't on crude oil prices, but rather on the heightened vulnerability of refined fuels.

France drops plan to decrease farmers' diesel discount but protests to continue

The French government dropped plans to gradually reduce state subsidies on agricultural diesel but that seems not enough for angry farmers surrounding Paris and still threatening to converge on the capital in their tractors.

Russian Black Sea oil refinery fire extinguished

A fire at a Rosneft-owned export-oriented oil refinery in the southern Russian town of Tuapse overnight has been extinguished.

Over 20,000-bpd Russian jet fuel exports in doubt after suspected drone attack

The volume of jet fuel exports at risk of disruption after a suspected drone attack on a Baltic Sea terminal could be more than 20,000 bpd, much of it destined for Turkey, according to data from terminal owner Novatek.