Crude oil
Red Sea ships attacks push 47% more crude oil, fuels, refined products around Africa
Global crude oil and oil products shipments taking the long route between Asia, the Middle East and the West are up 47% since attacks began on vessels using the shorter Red Sea route.
Glencore to supply crude to UK's Lindsey oil refinery
Global commodities trader Glencore has won a tender to supply crude oil to Prax's 113,000-bpd Lindsey oil refinery in Britain, replacing rival trader Trafigura.
Crude oil tanker market grapples with aging fleet, shipyards focus on large container and LNG ships
The crude oil tanker market is grappling with an aging fleet of vessels which need to be replaced, posing a challenge as shipyards are focused on building other types of ships.
New Zealand to introduce bill to reverse oil and gas exploration ban
New Zealand's government will introduce legislation to remove a controversial ban on offshore petroleum exploration to attract investment to the country's oil and gas sector.
U.S. speeds up purchasing for Strategic Petroleum Reserve as oil prices dip
U.S. President Joe Biden's administration said on Friday it has increased purchasing of crude oil to replenish the Strategic Petroleum Reserve following its historic sale from the stockpile in 2022.
India's May fuel use inches up on month on strong industrial activity
India's fuel consumption edged higher in May from the previous month, as strong industrial activity and general elections boosted fuel demand in Asia's third-largest economy.
Sulzer's MellapakEvo maximizes vapor-liquid interaction and improves liquid distribution
As industry demands grew for solutions offering higher capacity and efficiency, Sulzer responded in 1999 with its structured packing MellapakPlus. This new packing generation featured an enhanced corrugation profile, reducing liquid holdup at interfaces between packing elements and significantly boosting column capacity.
Element Fuels readies site for H2-powered refinery in south Texas (U.S.)
Located within the Port of Brownsville, the complex is designed to exclusively process domestic high-gravity shale oil into high-octane, low-carbon fuels and low-carbon hydrogen, produce reliable electricity.
Consortia target Citgo's Texas refinery as auction deadline looms
Citgo Petroleum's smallest and least profitable oil refinery has been thrust into the spotlight as a potential breakout candidate ahead of next week's court auction to pay over $20 B in Venezuela-related claims.
Asia high-sulfur fuel oil market to take a breather in strong rally
A rally in Asia's high-sulfur fuel oil (HSFO) market, boosted by lower Middle East exports and OPEC+ cuts, is expected to take a breather as Russian exports remain elevated and will ease tight supply.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
