Crude oil
Russia to send crude oil and fuel to Cuba soon, Izvestia reports
Cuba is grappling with fuel shortages after the U.S. moved to choke off its oil supplies. The communist-run island has warned international airlines that jet fuel will no longer be available, the latest sign of fast-worsening conditions.
Vietnam's largest refinery to operate at 120%–125% of designed capacity in Q1
The 200,000-bpd refinery plans to produce 2 MMt of refined petroleum products in the January–March period.
EIA: U.S. crude stocks increase by most in a year after storm hit refining, exports
U.S. crude stocks rose last week as refining and export activity slowed during a winter storm last month, while domestic output started to recover from the freeze.
Global shipping industry sticks with green investments, despite carbon price delay
Europe, Brazil and a host of other nations are pushing the sector, which is responsible for nearly 3% of the world's greenhouse gas (GHG) emissions, to go green.
Rosneft oil refinery in Germany warns of risks from U.S. sanctions
In a January letter, management of the PCK Schwedt refinery, controlled by Rosneft, made an "urgent appeal" to economy and energy minister Katherina Reiche to resolve a standoff with the United States over the refinery's future.
Digital Exclusive: Innovative grassroots CDU-VDU configuration—Pioneering energy efficiency and net-zero pathways in modern refineries
This article introduces a CDU-VDU configuration tailored for grassroots refineries, decoupling stripping and rectification sections via a dedicated flash drum to enable steam-free rectification.
Indian refiners avoid Russian oil in push for U.S. trade deal
The U.S. and India moved closer to a trade pact on Friday, announcing a framework for a deal they hope to conclude by March that would lower tariffs and deepen economic cooperation.
EU proposes service ban for Russian oil exports in new sanctions package
Russia exports over a third of its oil in Western tankers - mostly to India and China - with the use of Western shipping services.
- Evonik expands distribution partnership with IMCD for VISIOMER® Specialty Methacrylates in the U.S. 3/13
- RWE to invest €17 B in the U.S. to power data centers 3/13
- Petrobras' refineries operating at 97% of capacity 3/13
- ABB open to pursuing more than one multi-billion-dollar acquisition this year 3/13
- USW rejects bp's final offer to Whiting refinery (U.S.) workers 3/13
- Equinor has no spare oil and gas capacity, CEO says 3/13
