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Refining

ITT Goulds Pumps introduces 3430 large double suction pump line

ITT Inc.’s Goulds Pumps has launched its 3430 large double suction pump line, featuring a new design delivering significant advancements in cost, features and hydraulics to the market.

EIA: Distillate and jet fuel contribute to record U.S. petroleum product exports in 2024

In 2024, U.S. exports of total petroleum products increased to a record 6.6 MMbpd annual average, according to the U.S. Energy Information Administration (EIA). Annual U.S. petroleum product exports increased by 495,000 bpd as U.S. exports of distillate fuel oil—typically sold as diesel—and jet fuel increased compared with 2023, while exports of total motor gasoline decreased.

TotalEnergies to shut Antwerp steam cracker at the end of 2027

French oil major TotalEnergies will shut its oldest steam cracker in Antwerp by the end of 2027, citing a "significant surplus of ethylene expected in Europe."

India's Reliance imported 17.3% more Russian oil in March vs. Feb.

India's Reliance Industries, operator of the world's biggest refining complex, imported about 532,700 bpd of Russian oil in March, up 17.3% from February.

India, Saudi Arabia exploring joint refinery, petrochemical projects

India and Saudi Arabia are exploring joint projects in refineries and petrochemicals, Indian Prime Minister Narendra Modi told Arab News in an interview.

China-U.S. trade war redrawing global LPG trading, outlook

The global liquefied petroleum gas (LPG) market is facing an upheaval as high tariffs on U.S. imports force Chinese buyers to swap American cargoes for alternatives from the Middle East, while U.S. shipments divert to Europe and elsewhere in Asia.

Kazakhstan raises gasoline exports plans to 54,283 tons in April

Kazakhstan plans to export 40,000 metric tons of Ai-92 gasoline this month from the Shymkent oil refinery amid plentiful stockpiles, the energy ministry's exporting schedule showed. This would be on top of 14,283 tons already allocated for export from the Condensate refinery.

Azerbaijan's SOCAR resumes operations at Baku oil refinery

Azerbaijan's oil company SOCAR has resumed operations at an oil refinery in Baku after a 40-day shutdown caused by maintenance works after a fire.

Phillips 66 fires back at Elliott over Citgo conflict of interest amid board fight

Phillips 66 is arguing that Elliott Investment Management should back down from its push to break up the energy company because the activist investor is conflicted from a separate effort to acquire one of Phillips 66's rivals.

Indonesia ships 2.02 MMt of crude, refined palm oil in March

Indonesia exported 2.02 MM tonnes (t) of crude and refined palm oil in March, down slightly from the previous month's 2.06 MMt.

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