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Crude oil

Aster Chemicals to increase Singapore refining capacity after acquiring splitter stake

Aster Chemicals and Energy intends to increase its crude processing capacity at its refining site in Singapore to more than 300,000 bpd, after buying a stake of more than 50% in a condensate splitter unit.

EIA: U.S. crude stocks fall, gasoline and distillate inventories rise as refining activity increases

U.S. crude stocks fell last week as refining activity picked up, driving gasoline and distillate inventories higher.

The U.S. produced more energy in 2024 than ever before

In 2024, the U.S. produced a record amount of energy, according to data in the U.S. Energy Information Administration’s (EIA’s) Monthly Energy Review. U.S. total energy production was more than 103 quadrillion British thermal units in 2024, a 1% increase from the previous record set in 2023. Several energy sources—natural gas, crude oil, natural gas plant liquids, biofuels, solar and wind—each set domestic production records last year.

Japan’s Taiyo Oil buys first Russian crude in more than two years on government request

Japanese refinery Taiyo Oil has bought its first Sakhalin Blend crude from Russia in more than two years at the Japanese government's request, it said on Tuesday, to help ensure the stability of a plant also supplying Japan with liquefied natural gas (LNG).

LanzaJet, ATOBA Energy sign MoU to expand access to SAF market

LanzaJet and ATOBA Energy have signed a memorandum of understanding (MoU) to collaborate on accelerating sustainable aviation fuel (SAF) deployment and creating new commercial models for the market.

EIA: U.S. crude stockpiles fall, fuel builds as refiners hike output

U.S. crude oil stockpiles fell last week as oil refiners ramped up production with the start of the summer driving season, while fuel inventories rose amid weaker demand, data from the U.S. Energy Information Administration (EIA) showed on Wednesday.

PetroChina to close last unit of biggest north China refinery end-June

PetroChina is set to close the last remaining crude unit at its biggest north China refinery at the end of this month, broadly in line with an earlier plan that marks the country's first full closure of a state-run plant.

bp Rotterdam oil refinery's crude unit restarted on June 4 after unplanned outage

bp has restarted a crude distillation unit at its Rotterdam oil refinery on the morning of June 4, having shut the 200,000-bpd unit because of an unplanned outage the previous day.

Both crude units at bp Rotterdam oil refinery are offline

Both crude units at bp's Rotterdam oil refinery are offline following a shutdown at one 200,000-bpd unit in the morning of June 3, energy consultancy Wood Mackenzie said.

Thermo Fisher Scientific launches new raman analyzer for hazardous locations

Thermo Fisher Scientific has introduced the Thermo Scientific™ MarqMetrix™ All-In-One X Process Raman Analyzer, engineered specifically for safe, real-time, in-line chemical analysis in hazardous environments, particularly in the oil and gas, chemical, polymer, and pharmaceutical industries.

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