Environment & Safety
Japan's Cosmo expects around 90% refinery run rate in 2024-25
Japanese oil company Cosmo Energy Holdings expects its refinery run rate to hover around 90% in the business year starting in April as it plans maintenance shutdowns at its Chiba and Yokkaichi sites.
TotalEnergies no longer sending ships through Red Sea
TotalEnergies has not sent ships through the southern strait leading to the Red Sea and the Suez Canal for several weeks, extending its ships' travel time to Europe, the French oil major said.
Venezuela to begin 20-day maintenance at smallest refinery
Venezuela has received all the parts it needs to begin a maintenance program at the 146,000-bpd El Palito refinery, with work expected to take about 20 days.
Russia's Tuapse oil refinery will not resume operations this month
Rosneft-owned Tuapse oil refinery on the Black Sea will not resume operations this month, at the very least.
Ukraine hits Russia's Volgograd oil refinery in latest drone attack
Two Ukrainian attack drones struck the largest oil refinery in southern Russia in the latest in a series of long-range attacks on Russian oil facilities.
Sugar Valley Energy bio-refinery to address SAF market
Valley Energy, a new 160-acre bioenergy campus planned in California’s Imperial Valley, intends to produce SAF for the airline industry.
SOCAR ships Azeri BTC oil to Thailand via Cape of Good Hope
Azerbaijan's state oil company SOCAR is shipping Azeri BTC oil to Thailand via Africa's Cape of Good Hope to avoid the Red Sea.
Power loss forces bp to shut biggest U.S. Midwest refinery
bp was purging its 435,000-bpd Whiting, Indiana, hydrocarbon refinery after a transformer failure caused a plant-wide power outage and forced an evacuation of all but the most essential workers.
Maintenance shutdown planned for Czech Litvinov oil refinery in April-May
Czech oil refiner Unipetrol will perform maintenance on its 109,000 bpd Litvinov oil refinery from April 4 to May 15.
Red Sea worries cause spike in refined fuel prices, but market will adjust
The main impact from the escalating tensions in the Middle East and the threat to ships transiting the Red Sea isn't on crude oil prices, but rather on the heightened vulnerability of refined fuels.
- 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
