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Crude oil

Maintenance shutdown planned for Czech Litvinov oil refinery in April-May

Czech oil refiner Unipetrol will perform maintenance on its 109,000 bpd Litvinov oil refinery from April 4 to May 15.

Norway to add more Arctic acreage for oil and gas drilling

Norway plans to add another 37 blocks to its annual so-called pre-defined areas oil and gas licensing round in the Norwegian Sea and the Barents Sea.

Traders divert Russian oil products around Africa to avoid Red Sea

Traders were diverting cargoes with Russian oil products around Africa to avoid the Red Sea due to a heightened risk of attacks by Yemen’s Iran-aligned Houthi group.

Return of U.S. oil sanctions on Venezuela to hit revenue, fuel imports

The return of U.S. sanctions on Venezuela's oil and gas sectors would hurt the OPEC country's ability to collect cash from its oil exports, crimp new energy investments and raise the risks of domestic fuel scarcity.

Russia struggles to sell Pacific oil, 14 tankers stuck

More than a dozen tankers loaded with 10-MM barrels of Russia's Sokol grade crude oil have been stranded off the coast of South Korea for weeks, so far unsold due to U.S. sanctions and payment issues.

Woodside says Santos merger talks still at early stage as it forecasts higher production

Woodside Energy CEO Meg O'Neill said there was no recent precedent for sizable premiums in oil and gas deals as the producer reported it was still in the early stages of talks over a potential $52-B merger with Santos.

India defers $602-MM plan to fill parts of strategic petroleum reserve

India has deferred a $601.78 MM plan to fill parts of its strategic petroleum reserve, keeping in mind emerging trends in oil markets.

Innovative approach to accelerating the startup of a gasoline block and associated units at Saudi Aramco’s Jazan refinery complex

This article elaborates on the startup of a refinery’s heavy naphtha reforming unit with an alternative approach to the initial unit design, including an evaluation of several startup techniques to ensure the adequacy and practicality of the selected option.

Two diverted oil tankers enter Red Sea but disruptions continue

Two oil tankers that had diverted away from the Red Sea have turned back and passed through the Bab al-Mandab Strait, ship-tracking data shows, though tensions in the region continued to disrupt global shipping and trade.

West Africa Crude-India's purchases of Nigerian crude jump in December

Data showed that India's imports of Nigerian crude jumped from November to December 2023, as the South Asian country took advantage of Nigeria's large overhang of cargoes.