Crude oil
Update: U.S. postpones sanctions on Serbia's Russian-owned NIS oil company for one week
The reported extension comes as the U.S. extended a license for Croatian oil pipeline operator JANAF to transport crude to Serbia for another week, as it seeks to complete the delivery of contracted volumes.
Delek sues Marex and BTX over $30 million refinery damage from tainted crude
Delek US Holdings has sued London-based Marex Group and Texas-based BTX Energy, accusing them of supplying contaminated crude oil that damaged one of its U.S. refineries and caused more than $30 million in losses.
Idemitsu shuts 165,000-bpd Aichi CDU for scheduled maintenance
Its smaller rival Cosmo Oil, a unit of Cosmo Energy Holdings, also shut the 100,000-bpd CDU at its Sakai refinery in western Japan on August 27 for scheduled maintenance, with operations expected to resume in October.
Malaysia's PRefChem shuts both residual fluid catalytic cracking units
The Johor-based refiner is trying to bring the units, which typically upgrade residual fuels into higher-value products such as gasoline, back online this week.
Update: Chevron's Los Angeles (U.S.) refinery down after large fire erupted in jet fuel unit
The El Segundo refinery is the second largest in California and Chevron's second-biggest refinery in the United States. The facility supplies a fifth of all motor vehicle fuels and 40% of the jet fuel consumed in southern California.
Colonial Pipeline restarts largest U.S. fuel conduit after brief system-wide outage
Colonial Pipeline moves over 2.5 MMbpd of fuel across its 5,500-mi network stretching from the U.S. Gulf Coast to major consumption centers across the U.S. East Coast.
Opinion: Europe can flatter Trump and sting Putin by ditching niche Russian fuels
The EU has come under pressure from the United States to accelerate the bloc’s plan to wean itself off Russian fossil fuels by the end of 2027.
U.S. Gulf Coast fuel oil imports hit 2.5-yr high amid Venezuelan, Russian sanctions
U.S. Gulf Coast refiners are ramping up fuel oil imports to fill a widening gap left by declining heavy crude supplies, particularly from U.S.-sanctioned Venezuela.
Phillips 66 provides update on Los Angeles (U.S.) refinery operations
The facility is executing a detailed schedule to safely idle operations. Several process units have been placed in an idle state. The remaining units will be idled in a phased manner through the end of 2025.
Chinese refiner Yulong brings second steam cracker online
The refiner now operates two 200,000-bpd crude oil units at the $20-B complex built on a man-made island in the Longkou county of Yantai city.
- Vyterra Renewables receives funding to advance its Nova Scotia low-carbon fuel oil project 3/26
- BASF inaugurates €8.7-B Verbund site in Zhanjiang, China 3/26
- Partners sought from construction and engineering for program to decarbonize £1 T/yr global market for low-carbon jet fuel 3/26
- OCI Global completes handover of Beaumont New Ammonia to Woodside 3/26
- Iran war chokes petrochemical supply, sends plastic prices soaring 3/26
- Russia's vast Kirishi oil refinery halts operations after drone attacks 3/26
