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Refining

Ukraine says oil refinery hit, power lines damaged in Russian drone attack

A Russian drone attack set ablaze the Kremenchuk oil refinery in central Ukraine and knocked out power supply in three villages, while falling debris from downed drones damaged railway power lines in a nearby region.

Venezuela's main refining complex running at 10% of capacity after two CDUs shutdown

Venezuela's largest refining complex, the 955,000-bpd Paraguana Refining Center, was operating at about 10% of capacity after two CDUs were shutdown due to a fire and lack of feedstock.

China's CNOOC, two chemical firms looking at Shell Singapore assets

CNOOC, Eversun Holdings and Wanhua Chemical are among those that have started early evaluations of Shell assets that include a 237,000 bpd refinery and a one MMtpy ethylene cracker.

Fire at Afipsky oil refinery near Novorossiisk put out

A fire that broke out at the Afipsky oil refinery in Russia's Krasnodar region was promptly extinguished, the region's emergency security authorities said after social media reports of powerful blasts shaking the refinery.

Nigeria's Kaduna refinery to reopen next year, produce 60,000 bpd

Nigeria aims to reopen its Kaduna oil refinery next year, with initial production of 60,000 bpd as part of plans to revive local refineries that have been mothballed for years.

Valero to run its 14 refineries at up to 96.5% capacity in Q4

Valero Energy plans to operate its 14 oil refineries in North America and Britain at up to 96.5% of their combined total throughput capacity of 3.2 million bpd in the fourth quarter.

Belarus expects Russia to pay $640 MM in compensation for refineries

Belarus expects to receive $640 MM from Russia in 2024 to compensate for losses sustained by its oil refineries.

Sonangol partners with Chinese CNCEC to build Lobito refinery

Sonangol and China National Chemical Engineering Company signed, in the city of Lobito, Benguela, a contract for the construction of the Lobito Refinery.

Kuwait's KPC ramps up high-sulfur fuel oil tenders for October

Kuwait Petroleum Corp has ramped up its spot tenders for high-sulfur fuel oil sales this month.

Vietnam seeks Saudi Aramco's investment in petrochemicals, oil refining

Vietnam is seeking investment from oil giant Saudi Aramco in its petrochemical and oil refinery projects, the Southeast Asian country's government said.