Crude oil
Gunvor plans to halt oil terminal activities at Europoort refinery
Global commodities trading house Gunvor intends to mothball the terminal activities at its Europoort oil refinery in Rotterdam, Netherlands
U.S. crude stockpiles increase, gasoline falls on July 4 driving demand
U.S. crude oil stockpiles rose unexpectedly last week, while gasoline drew down on the back of strong driving demand ahead of the July 4 weekend, according to the Energy Information Administration (EIA).
bp's 440,000-bpd refinery in Whiting, Indiana (U.S.), reported flaring due to operational conditions
bp's 440,000-barrel-per-day refinery in Whiting, Indiana, on Monday reported flaring due to operational conditions, the company said.
UK's insolvent Lindsey oil refinery secures some crude supply to keep running for now
Britain's insolvent Lindsey oil refinery has secured some crude supplies to stave off immediate closure, the UK energy ministry said, but a source familiar with the situation said the agreement with supplier Glencore was limited.
Brazil's energy minister hints at possible fuel price cuts
Brazil's Mines and Energy Minister Alexandre Silveira suggested that gasoline and diesel prices could soon be lowered in the country, where state-run oil giant Petrobras controls most of the refining capacity.
Saudi Arabia, Indonesia sign several deals worth around $27 B
Saudi Arabia and Indonesia signed several deals and memorandums of understanding worth around $27 B between private sector institutions in fields including clean energy and petrochemicals, Saudi state news agency SPA reported.
U.S. Gulf Coast fuel oil imports at record low as refiners opt for heavier crude
Fuel oil imports into the refinery hub on the U.S. Gulf Coast hit a record low in June as tighter global supplies prompted refiners to run more heavy, sour crude.
Shell flags profit hit from weakness in gas trading and chemicals business
Shell expects quarterly earnings to be hit by weaker trading in its integrated gas division and losses at its chemicals and products operations, it said on Monday ahead of second-quarter results due on July 31.
EIA: U.S. crude and gasoline inventories rise, distillates draw down
U.S. crude oil and gasoline inventories rose unexpectedly last week, while distillate stockpiles fell.
Poland's Orlen will no longer buy Russian oil, CEO says
Polish refiner Orlen will not buy Russian oil for its Czech refinery after June 30, Chief Executive Ireneusz Fafara said on Monday. The contract with Rosneft for Russian oil to be supplied to the Litvinov refinery in the Czech Republic was the last one linking Orlen to Russian oil.
- Dow to close three European chemical plants, cut 800 jobs 7/10
- Indian Oil to upgrade Panipat refinery's diesel unit for green jet fuel production 7/10
- Gunvor plans to halt oil terminal activities at Europoort refinery 7/10
- EU to set up Critical Chemical Alliance to secure supply chains 7/10
- Greenergy proposes to close Immingham biodiesel plant in the UK 7/10
- Refinery closures may lead to higher gasoline prices on the U.S. West Coast 7/9
