Crude oil
EU lawmakers to grill new climate chief on fossil fuels
Lawmakers in the European Parliament plan to grill Wopke Hoekstra, who is poised to be the EU's next climate change chief, on how he would phase out fossil fuel subsidies and set a new emissions target for 2040.
Russia and China to build oil transshipment complex for $686 MM
Russia's United Oil and Gas-Chemical Co. and China's Xuan Yuan Industrial Development have agreed to jointly invest $686 MM in construction of a transshipment oil complex in Russia's far east.
Russia considers temporary fuel export ban due to domestic crunch
The Russian government is considering a complete ban on the export of oil products for a certain period of time in order to stabilize domestic fuel prices.
PT Pertamina International chooses Topsoe technology at Cilacap facility in Indonesia
Topsoe has been selected by PT KPI as a technology licensor to provide its HydroFlex technology for the production of renewable fuels at the Cilacap Refinery Complex in Central Java, Indonesia.
Iran's Revolutionary Guards seize two ships smuggling 1.5 MM liters of fuel
Naval forces of Iran's Revolutionary Guards have in recent days seized two Panama-flagged ships smuggling a total of 1.5 million liters of fuel.
China oil refinery output rises to record on firmer demand, export margins
China's oil refinery throughput in August rose to a record, data showed, as processors in the world's second-largest crude consumer kept run rates high to meet summer travel demand and capitalize on strengthening export margins.
Singapore middle distillates stocks near 6-month high despite exports
Singapore's middle distillates inventories hit a near six-month high, official data showed, as jet fuel/kerosene net exports were little changed despite rising gasoil net exports week-on-week.
OPEC says IEA estimate of peak fossil fuel demand by 2030 not 'fact-based'
The Organization of the Petroleum Exporting Countries said data-based forecasts do not support the International Energy Agency's projection that demand for fossil fuels would peak in 2030.
Four eastern Libyan oil ports reopen after closing Sept 9 due to storm
Four major oil ports in Libya have reopened after shutting down on Saturday following a powerful storm that swept the country.
Nigeria awards 42 contracts under delayed flaring program
Nigeria has awarded contracts to 42 companies under a program to harness gas which is released as a byproduct of oil production.
- 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
