Crude oil
China SAF plants push back start-up amid lack of policy
Several Chinese builders of sustainable aviation fuel (SAF) plants are postponing start up as a lack of government policy guidance restrains them from marketing the fuel domestically or exporting it.
Marathon to begin planned maintenance at Robinson, Illinois refinery
The refinery's primary crude unit, which processes both sweet and sour crude, will be down for maintenance, including heat exchanger work. The plant's 85,000-bpd diesel hydrotreater unit, 65,000-bpd vacuum distillation unit and 28,000-bpd hydrocracker unit will also undergo turnaround.
PBF Energy's Martinez refinery (California, U.S.) repairs to cost $30 million
Independent U.S. refiner PBF Energy said it is starting repairs at its fire-damaged 156,400-bpd Martinez refinery in California and estimates the cost of repairs to be $30 million.
Key U.S. energy data trends to track as tariffs kick in
Energy product traders, utilities, investors and business executives are among those scrambling to assess the likely impact of new steep tariffs on the United States' largest trade partners, which kicked in on Tuesday.
EIA: Refinery closures and rising consumption will reduce U.S. petroleum inventories in 2026
In 2026, the U.S. Energy Information Administration (EIA) forecast that inventories of the three largest transportation fuels in the U.S.—motor gasoline, distillate fuel oil and jet fuel—will fall to their lowest levels since 2000 in its February Short-Term Energy Outlook.
Shell is considering selling off chemical assets in Europe and the U.S.
Shell is considering a potential sale of its chemicals assets in Europe and the United States, the Wall Street Journal reported, citing sources familiar with the matter. The energy group has hired Morgan Stanley to conduct a strategic review of its chemicals operations, the report said.
Indonesia plans to use sovereign wealth fund to boost coal gasification projects
Indonesia seeks to boost coal gasification projects using funding from its newly launched sovereign wealth fund Danantara Indonesia, as well as plans to increase its fuel storage capacity and build a refinery with capacity of 500,000 barrels per day to ensure energy security
Canada's Enbridge earmarks $2 B until 2028 for Mainline network upgrade
Canadian midstream company Enbridge said on Tuesday that it plans to invest $2.5 B in its liquids and natural gas systems, with $2 B allocated to its Mainline network through 2028.
Refinery closures and rising consumption will reduce U.S. petroleum inventories in 2026
In 2026, the U.S. EIA forecast that inventories of the three largest transportation fuels in the United States—motor gasoline, distillate fuel oil and jet fuel—will fall to their lowest levels since 2000
Forecast: Asia to dominate global CDU capacity additions through 2030
The global conventional refining industry is anticipated to expand considerably from 2025 to 2030, fueled by increasing energy demands from emerging markets and strategic investments in refining infrastructure. Consequently, the capacity additions of crude distillation units (CDUs) are accelerating globally, with Asia projected to lead these expansions across all regions through 2030.
- Hunt Refining's Tuscaloosa refinery (U.S.) expedites maintenance, repairs on fire-damaged coker unit 5/23
- SIBUR-Sinopec's Amur GCC expects to produce first polyethylene in Q3 2026 5/23
- Phillips 66's Los Angeles (U.S.) refinery layoffs to begin in December, sources say 5/23
- Nigeria's Dangote refinery agrees to export polypropylene with Vinmar 5/23
- ExxonMobil Joliet refinery (U.S.) running unit at reduced rate 5/23
- Suncor reports flare replacement project at the Montreal refinery in coming weeks 5/23
