Crude oil

Fire caused by lightning storm hits Venezuela's Puerto la Cruz refinery

A fire caused by a lightning storm broke out at Venezuela's Puerto la Cruz refinery on Monday, leaving a tall plume of black smoke, according to government officials and sources.

China August refinery output near 2-year lows on outages

China's refinery crude throughput remained near two-year lows in August due to outages at several state refiners and independent plants which curbed production amid thinning margins and tepid demand.

The Downstream Rundown: In case you missed it 09/16

In case you missed any downstream news, here are the top stories from last week. These articles include announcements from Clariant, Aemestis, Evonik, ADNOC, Technip and more. Stay up to sate with the latest industry news.

German government considers taking Schwedt refinery under state control

Options on the table include the government taking a direct stake in the refinery as well as a possible trusteeship or state investment, Spiegel reported without specifying the sources.

Colombia's Ecopetrol to hike output at Cartagena refinery to 200,000 bpd

Colombia's Ecopetrol will hike output at its refinery in the Caribbean city of Cartagena by a third in a bid to meet national demand for fuels and reduce imports.

Refiners say fuel prices could increase and production plummet if rail strike proceeds

Upon sending the letter, Chet Thomson issued the following statement stressing the importance of rail transit to the refining and petrochemical industries and the need for broader rail reform.

ADNOC Refining to complete first phase of waste heat recovery project

ADNOC Refining, a joint venture company between the Abu Dhabi National Oil Company (ADNOC), Eni, and OMV, is set to complete the first phase of its innovative Waste Heat Recovery project at the General Utilities Plant in Ruwais, Abu Dhabi.

Fuel markets to stay tight till mid-2020s as refining shrinks

Crude oil refining capacity has shrunk by a record 3.8 MM barrels per day from March 2020 to mid-2022 as demand expanded, setting the stage for fuel markets to remain very tight until at least mid-decade.

North Asian refiners to get full allocation of Saudi crude in October

Saudi Aramco has notified at least three North Asian buyers that it will supply full contractual volumes of crude in October, sources with knowledge of the matter said on Monday.

bp restarted large crude unit at Whiting, Indiana, refinery over weekend

bp Plc restarted the largest crude distillation unit (CDU) over the weekend at its 435,000 bpd Whiting, Indiana, refinery.