Refining
Russia's seaborne oil product exports fell in January, calculations show
Russia's January seaborne oil product exports fell 8.6% from a year earlier and 2% from the previous month to 10.792 MMt owing to lower processing and unplanned refinery repair work.
Russia's Novatek resumes processing at damaged Ust-Luga complex
Russian energy company Novatek resumed gas condensate processing at its Ust-Luga complex after the site was damaged last month by a suspected Ukrainian drone attack.
Shell quits Iraqi petrochemicals plant talks
Oil major Shell has withdrawn from talks on building a petrochemicals plant in the southern oil hub of Basra.
Russia's Ilsky refinery plans to restart damaged unit this week
Russia's export-oriented Ilsky oil refinery plans to resume operations at its damaged primary processing unit this week.
Indonesia's Pertamina to slash capacity at second-biggest refinery due to upgrade
Indonesia's state energy company Pertamina will reduce production capacity at its Balikpapan refinery starting in the third week of February as an upgrade of the facility advances.
Germany's Habeck: Poland committed to crude supply in case of Schwedt nationalization
German Economy Minister Robert Habeck said in Warsaw that Poland has given reassurances that it will continue to provide the Schwedt refinery with crude oil in the event that Germany nationalizes Rosneft's German activities.
Mexico orders expropriation of Air Liquide plant at Pemex oil refinery
Mexico's government has ordered the expropriation of a hydrogen plant at a Pemex oil refinery that was sold to French company Air Liquide during the previous administration, after officials ordered a temporary occupation of the facility last December.
Phillips 66 reports fire at its Billings, Montana, refinery
Phillips 66, said there was a fire at its 60,000-bpd Billings, Montana, refinery which resulted in visible smoke.
Investors dump oil after U.S. refinery shutdown
Portfolio investors abandoned hope for an early rally in crude prices after a site-wide electricity failure caused an unexpected shutdown in production at bp’s refinery at Whiting in Indiana on Feb. 1
U.S. oil refiners beat Wall Street bets, expect demand to grow in 2024
Major U.S. fuel makers beat Wall Street's earnings expectations in the fourth quarter on strong refining margins and operating performance, and they predicted profits would rise again this year thanks to global demand growth.
- Equinor selects Aker for Mongstad refinery upgrade project 5/1
- Australian researchers testing SAF production from landfill gases 5/1
- Topsoe awarded contract to support FEED study for new low-carbon ammonia plant in Louisiana (U.S.) 5/1
- Sinopec's $4.5-B refinery in Sri Lanka to challenge India's fuel export market share 4/30
- Topsoe secures first SAF project in China 4/30
- Borouge increases Q1 net profit nearly 40% to $273 MM 4/30
