Refining

South Korea's LG Chem to import Russian naphtha

The country's Industry Ministry had earlier confirmed the shipment, including its size, but did not disclose the importing company's name.

PetroChina says operations 'overall normal', Strait of Hormuz accounts for about 10% of its supplies

While PetroChina's investments in the Middle East have been affected by the war, the company had contingency plans to safeguard supplies via trading activities.

Nigeria's giant oil refinery fails to prevent record gasoline prices

The 650,000-bpd refinery, Africa's largest, became fully operational early this year. It was designed to transform Nigeria into a major exporter of refined products after decades of inadequate refinery capacity.

Natural gas liquids exports reached record highs in 2025

NGL plant production has increased every year since 2005, driven by higher production of NGLs and more global demand for NGLs, especially as petrochemical feedstocks.

Velan releases upgrades to its delayed coker isolation valves

A newly added lower tangential purge directs steam precisely to areas where coke accumulates in stagnant cavities, creating a loop‑flow around the ball for improved cleaning efficiency with a non‑plugging purge design.

TotalEnergies, EDF sign long‑term partnership for low‑carbon electricity supply for TotalEnergies’ France refining and chemicals sites

Under this agreement, EDF will allocate to TotalEnergies a share of the output of its operating nuclear fleet.

Asia 10-ppm sulfur diesel margin hits record high

Refinery runs across northeast Asia have been curtailed due to tighter crude supply after the Middle East conflict broke out, in turn limiting spot diesel volumes available for sale.

South Korea enforces naphtha export ban amid Middle East supply disruptions

The move requires refiners to divert export volumes to the local market and give the government powers to order production and allocation of naphtha, a key petrochemical feedstock used in chips, autos, plastics and everyday goods.

Argentina allows up to 15% ethanol blend into gasoline after oil shock

Gasoline prices in the South American country rose more than 18% in March, according to analyst estimates, driven by the U.S.-Israel war on Iran and have climbed more than 60% year‑on‑year.

Vyterra Renewables receives funding to advance its Nova Scotia low-carbon fuel oil project