Europe
Russia’s oil producers raise sales to Asian refiners
"Russian crude is really attractive to us due to its fast delivery time and also cheap prices," said a spokeswoman from SK Innovation, which owns South Korea's largest refiner.
Unipetrol shuts Litvinov refinery for planned work
The Litvinov operations in the Czech Republic were hit by a blast at the steam cracker unit last August, and the plant's refinery has been running at reduced capacity.
Rosneft looks to close Indian refinery deal by June
Sechin met Essar Oil officials during his visit and said that Rosneft hopes to conclude a deal to buy a 49% stake in the 400,000-bpd Vadinar refinery in western India by the end of June.
Greek refiner Motor Oil swings back to profit
Plunging oil prices in the fourth quarter hurt the refiner's oil inventories, but the impact was much less than in the same quarter a year earlier, Motor Oil reported.
Nigeria’s refining workers end strike after talks
Following exhaustive deliberations, "the corporate-wide strike has been suspended", a tweet on NNPC's Twitter account said. The strike included refinery workers and maintenance staff.
Rising gasoline stockpiles may threaten recovery in global crude markets
Gasoline stocks in Europe's Amsterdam-Rotterdam-Antwerp hub hit a record in February of 1.33 million tons, up 60% year on year, according to consultancy PJK International.
Global distillate markets remain oversupplied as freight demand lags
Recent data have been mixed. The consumer side of the US economy appears to be strong, but the industrial side is still struggling. And in the rest of the world, growth appears to be slowing.
Refinery workers join union strikes at Nigeria’s state oil company NNPC
A Nigerian union said 7,000 of its members, including refinery workers, petroleum tanker drivers and maintenance staff went on strike at midnight on Wednesday.
Nigeria aims to eliminate refined product imports within next 18 months
Nigeria's four refineries have never reached full production because of sabotage and poor maintenance, causing the country to rely on expensive imported fuel for most of its energy needs.
European refiners increasingly turn to light US oil
Many European refiners face the problem of not having run a US crude through their systems in living memory and, as such, are wary of doing so, even though the numbers might make economic sense.
- Evonik launches high performance isodewaxing catalysts for fuels and lubricants production 4/16
- BASF to increase its price for neopentylglycol in the U.S. and Canada 4/16
- AMETEK Process Instruments announces additions to next-gen quartz crystal microbalance moisture analyzer line 4/16
- Brenntag Energy Services announces designated distributorship with BASF for Keropur fuel performance additives in continental Europe 4/16
- Shell restarts crude unit at Pernis oil refinery 4/16
- Nigerian airlines threaten to halt flights over soaring jet fuel prices 4/16
