Crude oil
Tankers U-turn, zig-zag, pause around Strait of Hormuz
At least two supertankers made U-turns near the Strait of Hormuz following U.S. military strikes on Iran, shiptracking data shows, as more than a week of violence in the region prompts vessels to speed, pause, or alter their journeys.
U.S. refinery capacity grew to 18.4 MMbpd in 2024
U.S. refinery crude oil processing capacity grew by nearly 40,000 bpd in 2024 to 18.4 MMbpd.
Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict
Asian refiners have requested more term crude oil supplies loading in August and September from producers in the Middle East after spot premiums jumped.
Mexican authorities discover clandestine mini-refinery in crackdown of illegal hydrocarbon trade
Mexican authorities this week discovered a clandestine mini-refinery in the eastern state of Veracruz, along with half a million barrels of crude oil they suspect were stolen from the country's pipelines.
Italy's Eni eyes new unit to manage oil refineries
Eni intends to set up a new company focused on several assets including oil refineries and fuels storage facilities in Italy
Inatech's Techoil implemented by Flint Hills Resources for a modern, integrated future
Flint Hills Resources has implemented Inatech's Techoil SaaS system to transform its crude trade and supply work processes.
Discounts deepen on Iranian oil in China as struggling teapots slow buying
Sellers of Iranian oil to China are offering deeper discounts this month as they look to reduce inventories and as independent refiners slow their buying due to a jump in crude prices.
Turkey's Russian Urals crude imports to hit 1-yr high in June
Turkey's imports of Russia's Urals crude are set to rise in June to their highest level since May 2024 on healthy refinery margins and seasonal demand for motor fuels.
Oil tanker market signals more Middle East energy disruption ahead
While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of the escalating risks.
Alder Process Technology uses APS to produce low-carbon marine fuels
Alder Process Technology has provided recent progress on its efforts to accelerate decarbonization of the marine fuel sector using Alder Pyrolytic Sugars (APS). APS is created using our proprietary biocrude oil fractionation technology, which converts fast pyrolysis oil derived from sustainably sourced biomass into two products: the pyrolytic sugar fraction, resulting in APS, and the pyrolytic lignin fraction, resulting in Alder Renewable Crude (ARC).
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- Europe set for record LNG imports in 2026 1/23
- Plug Power completes installation of 100-MW GenEco electrolyzer units at Galp’s Sines refinery 1/23
- Reju announces site selection for first U.S. industrial-sized facility regeneration hub 1/23
- Engineering a low-cost alternative catalyst for producing sustainable petrochemicals 1/23
- New report identifies methanol-to-jet as a key accelerator of the next wave of sustainable aviation fuel 1/23
