Crude oil
French strikes keep record crude volumes on the water, crash storage levels
French strike action has led to record amounts of crude and condensate sitting idly offshore while the country's crude stocks have plummeted.
Saudi Aramco boosts China investment with two refinery deals
Saudi Aramco raised its multi-billion dollar investment in China by finalizing and upgrading a planned joint venture in northeast China and acquiring an expanded stake in a privately controlled petrochemical group.
Colombia's Ecopetrol must grow oil, gas output to fund transition
Colombia's Ecopetrol must focus on growing its oil and gas production to fund the transition towards renewables.
MOL Group reaches historic milestone by bringing Azeri light crude oil from oilfield co-owned in Azerbaijan
MOL Group is transporting crude oil produced at its co-owned oilfield, the Azeri–Chirag–Gunashli in Azerbaijan, to Slovnaft Refinery in Bratislava.
U.S. refiners shift focus to distillates amid energy transition
As U.S. refiners rejigger operations to reflect declining domestic motor fuels demand in the next decade, they will seek to maximize diesel and biofuels production for exports.
Trafigura, Vitol might step up trade in Russian oil
Global energy traders Trafigura and Vitol still help to export limited supplies of Russian refined products within the rules of international sanctions, but they are considering whether to resume more trade in Russia's oil
Huge Phillips 66 biofuels project will test the industry’s green promises
In the oldest refining town in the American West, Phillips 66 is promising a greener future as it moves to halt crude-oil processing and build a massive renewable diesel plant, leading a global trend.
Mexican state seeks to punish Pemex for emissions from refinery
Mexico's northern state Nuevo Leon warned that it would seek penalties for state oil company Pemex after a dramatic increase in visible emissions from its Cadereyta refinery.
China still adding to crude inventories even as oil refining jumps
China still added more crude oil to inventories in the first two months of the year, despite lower imports and higher refinery processing rates.
European diesel tightens, crude weakens as French refinery outages linger
European diesel markets are flashing warnings of tightening supply while crude oil markets are weakening after nearly two weeks of disruptions at French refineries due to strike action
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
