Crude oil
Indian refiners turn to Latin America, Africa to replace Russian oil in Feb.
India's crude oil imports from Latin America and Africa rose marginally in February as refiners turned to alternative sources, fearing a loss of Russian oil supplies caused by tighter U.S. sanctions.
Guyana considers plan to refine oil in US, import fuel
Guyana is considering a plan to export crude oil to the U.S. for refining and to bring back fuel for domestic supply and possibly for sale to nearby countries, Guyanese President Irfaan Ali said.
Bolivia issues incentives to import fuel, help private sector meet shortages
Bolivia's energy ministry announced a set of incentives to import gasoline and diesel, in a bid to promote the country's private market and overcome an extended fuel shortage.
Indonesia to build oil refineries with total capacity of 1 million bpd
Indonesia will build oil refineries on several of its islands, including Kalimantan and Sulawesi, with a total capacity of 1 million barrels per day, upgrading from a planned single refinery with a 500,000 bpd capacity, the energy minister said.
Crude shipments on Druzhba pipeline suspended after drone attack, Hungary says
Shipments of crude oil via the Druzhba pipeline have been suspended following a Ukrainian drone attack on a metering station.
Nigeria's NNPC, Dangote refinery in talks to extend naira-based crude supply deal
Nigeria's state oil company NNPC Ltd. has begun discussions with the Dangote oil refinery to extend its contract for supplying crude oil in the naira currency.
Mexico's Pemex prioritizes refining as it diverts heavy oil away from Gulf
Mexico's state oil company Pemex expects to continue diverting barrels of heavy crude away from U.S. Gulf Coast refiners as its new Olmeca refinery ramps up processing.
U.S. estimates it will take $20 B and years to refill strategic oil reserve
U.S. Energy Secretary Chris Wright estimates it would take $20 B and years to accomplish President Donald Trump's goal of refilling the Strategic Petroleum Reserve to its maximum capacity, the U.S. Energy Department said.
Russia's Kirishi refinery continues operations after drone attack Saturday
The Kirishi oil refinery in northwest Russia has not stopped oil processing following a drone attack on Saturday, two sources familiar with the plant's operations said on Monday.
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.
- LyondellBasell to sell select European petrochemical assets to AEQUITA 6/9
- Shell reports June 4 fire at ethylene cracker plant in Pennsylvania (U.S.) 6/9
- Plug Power, Allied Green Ammonia partner for $5.5-B, 2-GW electrolyzer project to produce SAF, green urea and green diesel 6/9
- Carbon Clean, MODEC to accelerate the scale-up of CycloneCC for offshore carbon capture 6/9
- Ebara Elliott Energy signs high-speed balancing bunker agreement to expand Middle East footprint 6/9
- Rotork joins Rockwell Automation’s Technology Partner Program 6/9
