U.S.
Asia's jet fuel, diesel cash premiums hit multi-year highs on Mideast concerns
Motiva buys cargo of Venezuelan heavy oil for March delivery; first purchase since 2019
Aramco acquired Motiva Trading in 2023 and became the sole supplier of Motiva Enterprises, which owns the 640,500-bpd refinery in Port Arthur, Texas, the largest in the United States.
U.S. seeks forfeiture of oil tanker and 1.8 MMbbl of Venezuelan oil
The oil supertanker was seized by the U.S. near Venezuela in December as part of a pressure strategy against President Nicolas Maduro, who was captured in a U.S. military operation on January 3.
Trump EPA to shift at least half of waived biofuel obligations to big refiners
The decision could be unwelcome news for larger oil refiners that have argued that additional blending obligations would raise their costs. But it could help the biofuel industry by boosting demand for blending credits.
EIA: U.S. crude inventories rise the most in 3 yrs as refinery demand slips, imports increase
U.S. crude inventories rose by the most last week since February 2023, as refinery utilization slowed and imports increased, the U.S. Energy Information Administration (EIA) said.
- Perpetual Next appoints Bilfinger as lead consultant for its Methanol Moerdijk project 4/1
- ASRock Industrial and CSI Validate O-PAS™ Systems Management Architecture with the iEP-7020E and AiSMA 4/1
- Heavy equipment for KazMunayGas' Atyrau PE plant ships from Shanghai to Kazakhstan 4/1
- KT Tech awarded early engineering works contract for 60,000-tpy SAF plant in Indonesia 4/1
- OCI Global completes sale of OCI Ammonia Holding to AGROFERT 4/1
- Union workers ratify contract at ExxonMobil's Louisiana (U.S.) refining and chemical complex 4/1
