Americas
U.S. exports of ethane and ethane-based petrochemicals rose 135% from 2014 to 2023
U.S. exports of ethane and ethane-based petrochemicals reached an all-time high of 21.6 MMt in 2023, up 135% since the U.S. began exporting ethane in 2014 and 17% more than in 2022, according to data from the U.S. Census Bureau.
Venezuela's oil exports hit a 4-yr peak on higher output, sales to U.S., India
Venezuela's oil exports rose to a 4-yr high, approaching 950,000 bpd in October, boosted by growing crude output and more sales to India and the United States.
Mexico's Pemex posts wider third-quarter loss, hit by weaker peso
Mexican state-owned oil company Pemex reported a deeper $8.2-B 3Q net loss on Tuesday, hurt mostly by a weaker exchange rate even as it benefited from support from the country's new government.
Phillips 66 refineries to run between low to mid 90% range capacity in Q4 2024
U.S. crude oil refiner Phillips 66 plans to operate its refineries in the low to mid-90% range of combined capacity of 1.5 MMbpd in the fourth quarter.
Neste, Braskem partner on supply of renewable and recycled feedstocks for polymers and chemicals production
Braskem will use more sustainable feedstocks from Neste to produce circular and bio-circular polymer resins and chemicals, which will be sold in South America under Braskem’s Wenew brand.
At least 21 injured in fire at Venezuela's La Salina oil terminal
At least 21 people including workers, neighbors and firefighters were injured on Tuesday in a fire at a crude storage tank in Venezuela's La Salina oil terminal, operated by state company PDVSA.
Global refinery margins fall to multi-year seasonal lows in September
Refinery margins for petroleum refiners across the world are shrinking, indicating reduced profitability from refining crude oil and selling petroleum products.
Digital Feature: Refiner improves operational technology risk measurement and management: A Case Study on addressing the cyber risks in the oil and gas industry
This case study details how a U.S.-based Fortune 50 petroleum refiner used proprietary technology to improve operational technology (OT) cybersecurity. By automating asset inventory and vulnerability assessments, the company reduced manual processes, enhanced visibility into cyber risks and improved safety, ultimately saving millions of dollars in program costs.
Mexico's Pemex ships first fuel export from new Olmeca refinery to India
Mexico's Pemex this month shipped its first fuel export cargo from its new Olmeca refinery to India, a sign of progress after multiple delays and spiraling costs.
Mexico's Pemex posts drop in oil production as Lopez Obrador exits
Crude output by Pemex fell in August as Mexico's national oil company failed to reduce fuel imports in line with company targets, while overall falling well short of the lofty energy trade goals of the country's outgoing president.
- Phillips 66 Independent Board Director pens letter to shareholders regarding dispute with Elliott Investment Management 3/28
- Russia increases fuel, diesel supply to Bolivia amid rising energy crisis 3/28
- Cenovus refinery in Ohio (U.S.) plans to shut multiple units for six weeks of work 3/28
- Motiva Texas refinery (U.S.) preparing second attempt to restart FCCU 3/27
- bp plans to sell its mobility and convenience business in Austria 3/27
- BASF starts up its first plant for recycled polyamide 6 3/27
