Crude oil
Industry Primer: What is OPEC+ and how does it impact oil prices?
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, are known as OPEC+ and will meet in Vienna, Austria, on Nov. 26 to discuss their joint output policy.
Tankers newly sanctioned by U.S. supplied Russian oil to India
Three oil tankers, newly sanctioned by Washington, regularly shipped Sokol crude from Russia's Far East to Indian Oil Corp, the country's top refiner, in recent months, according to shiptracking data from LSEG, Kpler and trade sources.
Texas (U.S.) crude quality checks rise after excess metal found in oil export
U.S. oil pipeline and export terminal operators are stepping up quality checks after finding an out-of-specification cargo that raised worries of excess metals contaminating Texas shale oil.
Exxon moves Beaumont, Texas, (U.S.) CDU overhaul to June from August
Exxon Mobil moved up the start date for a CDU overhaul at its 619,024-bpd Beaumont, Texas, refinery from August 2024 to June 2024, said people familiar with the company’s plans.
Nigeria gets refineries investment, forex pledge from Saudi Arabia
Nigeria and Saudi Arabia agreed to a series of investment and cooperation deals, including a pledge by the Saudi government to invest in the revamp of Nigeria's oil refineries and provide financial support to sustain the government's foreign-exchange reforms.
Nigeria restores 275,000 bpd production at TotalEnergies JV
Nigeria's state oil firm NNPC Ltd said it had restored 275,000 bpd of oil production at its joint venture unit with Total Energies after negotiating an end to industrial action by workers.
Kazakhstan ready to transport more Russian gas, oil
Kazakhstan is ready to transport more Russian oil and gas, said President Kassym-Jomart Tokayev, a day before President Vladimir Putin was set to visit his country.
Global fossil fuel production plans far exceed climate targets, U.N. says
Global fossil fuel production in 2030 is set to be more than double the levels that are deemed consistent with meeting climate goals set under the 2015 Paris climate agreement, the United Nations and researchers said.
Nigeria's state oil firm launches new 'Nembe' grade of crude
Nigeria's state oil firm NNPC Ltd said it had launched a new grade of crude called Nembe, which is particularly suited to the European market.
Nigeria brings major Dangote refinery to life with own oil supply
Nigeria's state oil firm NNPC Ltd will supply the new 650,000-bpd Dangote oil refinery with up to six cargoes of crude oil in December to be used in test runs.
- India receives fuel oil cargo in Russian SCF tanker after brief halt 4/26
- Biden administration (U.S.) to release SAF tax credit model 4/26
- Boeing, Wagner advance Australia’s SAF Industry 4/26
- S-Oil expects Q2 refining margins to remain steady then trend upward 4/26
- Vitol to charter supertankers from U.S. to Nigeria's Dangote refinery 4/26
- Refiner Valero beats profit estimates on resilient demand, tight supplies 4/26
