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Crude oil

Spain, IEA back Dutch call to phase out fossil fuel subsidies

Spain's energy minister and the head of the International Energy Agency backed the Netherlands' call for an international coalition to phase out fossil subsidies.

India increases windfall tax on petroleum crude, reduces tax on aviation turbine fuel and diesel

The Indian government increased windfall tax on petroleum crude, while reduced it on aviation turbine fuel and diesel, according to a government notification.

Cnergyico imports Pakistan's first private-sector Russian crude cargo

Pakistan refiner Cnergyico has imported the country's first private-sector shipment of Russian crude oil as the cash-strapped nation takes advantage of Moscow's discounts on its oil exports.

ADNOC top exec says oil and gas could remain relevant until 2050

Oil and gas will remain a relevant part of the energy mix until potentially 2050, Musabbeh Al Kaabi, Executive Director of Low Carbon Solutions and International Growth at Abu Dhabi National Oil Company said during an energy conference in Abu Dhabi.

Advanced hydrocracking unit flow scheme optimization and integration approach to maximize refinery margins for a residue upgrading project

Saudi Aramco: Ramaseshan, V.  |  Gajadhar, S.  |  Ghabbani, A. A.  |  Abdulal, H. A.
Honeywell UOP: Tiwari, N.  |  Balodia, M.  |  Sangalli, M.  |  Sood, S.

The integration of a solvent deasphalting and hydrocracking upgrading complex provides a favorable techno-economic return for residue upgradation at relatively lower capital expenditures vs. other alternatives for a brownfield project.

Business Trends: Converting refineries to renewable fuels is no simple switch

Hydrocarbon Processing Staff: Nichols, Lee

Petroleum refineries around the globe are under pressure.

Ultra low-sulfur diesel loadings from Russia's Primorsk to fall in October

Ultra low-sulfur diesel loadings from the Russian Baltic Sea port of Primorsk are set to fall in October by 80% month on month on a daily basis to 210,000 metric tons from 1.08 Mmt scheduled for September.

Mexico's Pemex struggles to boost oil refining in Aug as fuel imports rise

Crude oil processing at Mexico's six local refineries rose slightly in August, data from state-owned oil company Pemex showed, but the facilities are operating at barely half their capacity, forcing the country to import large volumes of fuel.

Kuwait's oil exports shift from crude oil to petroleum products

Kuwait’s oil exports are shifting from crude oil to refined petroleum products following the addition of new refining capacity, according to data in the .recently updated Country Analysis Brief: Kuwait

Oil prices rise as Russia fuel export ban stokes supply concerns

Oil prices rose as renewed global supply concerns from Russia's fuel export ban counteracted fears that slowing economies and high interest rates could crimp demand.