Crude oil
Oil tankers divert from Red Sea after U.S., UK strikes in Yemen
At least four oil tankers have diverted course from the Red Sea since overnight strikes by the U.S. and Britain on Houthi targets in Yemen, shipping data from LSEG and Kpler showed.
Russia's NORSI oil refinery halts unit due to an incident
The NORSI oil refinery, one of the largest in Russia, has halted a unit after an incident, oil company Lukoil said, without giving further details.
St Nikolas oil tanker operator says it lost contact off Oman
The operator of the oil tanker St Nikolas, Greece-based Empire Navigation, said it had lost contact with the vessel off Oman near the city of Sohar.
Nigeria's NNPC allocates four February crude oil cargoes to Dangote refinery
Nigeria's state oil company NNPC is expected to supply four crude cargoes from its February program to the $20-B Dangote refinery, which is poised to begin operations after years of construction delays.
China's oil production rises to 208 MMt in 2023
China's crude oil production rose to 208 MMt in 2023, equivalent to 4.16 MM bpd.
Nigeria's Dangote refinery set for test runs after getting more crude
Nigeria's Dangote oil refinery could begin test runs as early as this week after receiving a sixth crude cargo, company officials said, finally bringing the 650,000 bpd plant to life after years of construction delays.
India's ONGC sees oil production rise 11% after east coast block starts output
India's Oil and Natural Gas Corp said it expected total oil output to climb 11% after its project off the country's east coast started producing oil.
Motiva to shut CDU, coker at largest U.S. refinery
Motiva Enterprises is scheduled to shut the large CDU and large coker at its 626,000 bpd Port Arthur, Texas (U.S.).
Mexico's new Olmeca oil refinery now seen processing 243,000 bpd in 2024
Mexican state oil company Pemex's top executive estimated that the firm's newest refinery will process 243,000 bpd of crude in 2024 during its first year of operations, before ramping up to near full capacity in 2025.
Biden administration slowly puts oil back into the SPR emergency stash
The administration of President Joe Biden is slowly putting oil back into the Strategic Petroleum Reserve, after selling a record amount from the emergency stockpile in 2022.
- Brazil's Timbro to export 40% more sugar, enter ethanol market in 2024 4/24
- LG Chem denies report it will merge naphtha cracker business with Lotte Chemical 4/24
- Crude and gasoline stocks fell, distillate stocks rose last week, EIA says 4/24
- INERATEC secures state-of-the-art catalysts from Sasol for the production of sustainable e-fuels 4/24
- JX to join forces with Sumitomo at large scale SAF/BECCS project in Louisiana (U.S.) 4/24
- WestJet buys first Canadian-supplied SAF by Shell Aviation 4/23
