Refining

EIA: U.S. crude stocks fall on higher demand, fuel inventories rise

U.S. crude stocks fell as refining and export demand rose, while gasoline and distillate inventories rose last week.

Hungary's MOL and refiner Slovnaft accuse Croatia's JANAF of breach of contract

MOL said it and Slovnaft told the European Commission in a letter that JANAF would only deliver crude oil already purchased and scheduled for delivery if the two companies agreed to purchase additional volumes as technical amounts to inject into JANAF's system.

Trump administration may delay biofuel import credit cuts as refiners balk

The delay now under discussion could please domestic oil refiners that have invested in the bio-based diesel sector but would risk frustrating U.S. farmers and biofuel producers.

U.S.: California refinery closures spark pipeline race to West Coast

Motorists in West Coast states have long paid some of the country's highest fuel prices due to limited regional production and minimal connectivity to the Gulf Coast refining hub.

LanzaJet produces first jet fuel from ethanol at a commercial scale

MHI Compressor secures steam turbine contract at Baton Rouge (U.S.) olefins plant

During the project, virtual assembly will be provided during the manufacturing stage and throughout the installation stage to support an efficient turnaround and help maintain continuity in plant operations.

Reliance buys 1 MMbbl of crude from Kuwait's KPC, trade sources say

Last week, KPC issued a tender to sell crude oil that the Al-Zour refinery is unable to process because of unplanned maintenance after a fire.

Vitol, Cnergyico make Pakistan's biggest single delivery of marine fuel

The move will enable large vessels refueling in Pakistan to now sail longer routes from east to west without needing to stop elsewhere, while also giving Pakistan a stronger local supply of environmentally compliant marine fuel.

Rosneft’s Ryazan refinery suspended crude processing after drone strike

Ukraine has ramped up drone attacks deep inside Russia, aiming to knock out oil refineries, depots and pipelines. Ukrainian drones have struck at least 17 major refineries this year.

Chevron joins race to explore potential purchase of Lukoil assets

The U.S. Treasury gave clearance last week to potential buyers to talk to Lukoil about foreign assets. Chevron would join Carlyle and other firms in the race for the Lukoil portfolio worth at least $20 B.