Crude oil
China continues to lift crude oil stockpiling amid weak refinery runs
The world's biggest crude importer has had a soft start to the year. China added more than 1 MMbpd of crude oil to stockpiles in May as soft imports were outweighed by even weaker refinery processing volumes.
Global gasoline refining margins slump on slow summer driving season
Oil refiners are making less money selling their gasoline as demand during the peak summer driving season has fallen short of what they expected when many of them boosted production.
Russia's June idle oil refining capacity raised by 114%
Russia's primary offline oil refining capacity has been raised by 114% from the previous plan to 4.1 million metric tons for June mainly to due to last-month stoppages at the Tuapse and Komsomoslk plants.
Saudi crude oil exports to China to fall for 3rd straight month in July
Saudi crude oil exports to China will fall in July for a 3rd straight month to about 36 MMbbl amid plant maintenance and as some refiners opted for other sources of cheaper oil.
India eyes oil deals with nations (including Russia), plans new refinery
Indian Oil Minister Hardeep Singh Puri has announced that state-run Bharat Petroleum Corp. plans to build a new refinery and the nation is looking at signing more oil import deals with countries (including Russia) at discounted rates.
Crude quality issues on TMX pipe may hamper flows from Canada to U.S. West Coast refiners
U.S. oil refiners and West Coast traders are flagging concerns about the quality of crude shipped on the newly completed Trans Mountain pipeline expansion (TMX), warning that high vapor pressure and acidity limits could deter purchases of Canadian heavy barrels.
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.
- Petrobras wrapping up due diligence to buy back refinery from Mubadala 7/26
- US court rejects EPA denials of 2022 small refinery biofuel waivers 7/26
- Mexico seeks more 2025 fuel import deals after refinery delays 7/26
- PETRONAS, Eni and Euglena reach FID to construct a biorefinery in Malaysia 7/26
- ExxonMobil signs carbon capture agreement with CF Industries in Mississippi (U.S,) 7/26
- WoodMac: LNG truck sales impacting Chinese road diesel demand 7/26
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
