Crude oil
Italy issues 'comfort letter' to stave off Lukoil refinery's shutdown
Italian authorities have provided Lukoil with a "comfort letter" to help a refinery it owns in Sicily get bank financing to buy non-Russian oil and remain operational.
Valero CEO says U.S. energy secretary told shuttered refineries won't restart
Valero Chief Executive Joe Gorder said this week U.S. Energy Secretary Jennifer Granholm was told at a recent White House meeting with energy executives that refineries shuttered in the last few years won't return production.
Italy looks to unlock financing for Lukoil-owned refinery
Italy is working on ways to keep a Lukoil-owned refinery in business despite new sanctions against Russia kicking in next month, as Rome tries to buy time to agree the sale of the plant.
Valero kicks off U.S. refiners earnings season with bumper profit
Refiner Valero Energy Corp reported a bumper third-quarter profit that zoomed past Wall Street estimates on Tuesday, as margins were boosted by demand for fuel and refined products.
China's diesel fuel exports more than doubled in September
China's diesel exports in September surged to their highest in more than a year while aviation fuel shipments were the most in 29 months as refiners rushed to cash in on robust export margins.
French refinery strikes continue at two sites
The strike at the TotalEnergies' Gonfreville and Feyzin refineries have been renewed on Monday.
Deutsche Bank sets 2030 targets to cut emissions tied to loans
By 2050, the bank said so-called financed emissions tied to the oil and gas sector, including Scope 3 emissions from the use of gasoline and other refined products by end-users, would be reduced by 90%.
Exxon selling Montana oil refinery to Par Pacific for $310 MM
ExxonMobil Corp agreed to sell its Billings, Montana, refinery and related pipeline properties to Par Pacific Holdings Inc for $310 MM.
Vietnam refinery boosts production amid concern on fuel import costs
Vietnam's Binh Son refinery has ramped up its production to meet domestic fuel demand and was operating at 109% of its designed capacity, the government said on Thursday.
Chinese refiners ZPC, ChemChina win additional 2022 crude oil import quotas
Chinese private mega-refiner Zhejiang Petrochemical Corp (ZPC) has been awarded a 10 MMt additional crude oil import quota for 2022.
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