Refining
China's crude refinery output rebounds in Aug on new quotas
BEIJING (Reuters) — Chinese refineries processed 6.5% more crude oil in August than a year earlier at 47.12 MMt, or about 11.1 MMbpd, data from the National Bureau of Statistics showed on Thursday.
Pemex expects Salina Cruz refinery to be back online in 3–4 weeks
MEXICO CITY (Reuters) — Mexican state oil company Pemex expects Salina Cruz refinery, the country’s largest, to be up and running in three or four weeks once it has repaired the electrical system damaged by an earthquake last week.
India's fuel demand falls the most in over 14 yr
NEW DELHI (Reuters) — India's fuel consumption fell 6.1% in August, its fastest rate of decline since April 2003, as heavy rainfall across the country cut the use of diesel for irrigation pumps and curbed demand for auto fuels.
S.Korea's GS Caltex says unsure when will restart fire-hit hydrocracker, aromatics unit
SEOUL (Reuters) — GS Caltex, South Korea’s second-largest oil refiner, said on Monday that it was unsure when it would be able to restart a hydrocracker and aromatics unit after they were hit by fire last month.
US Coast Guard, EPA cleaning up a dozen Texas chemical spills after Harvey
HOUSTON (Reuters) — The US Coast Guard and the Environmental Protection Agency are working with Texas state regulators to clean up oil and chemicals spilled from a dozen industrial facilities after flooding from Hurricane Harvey, authorities said.
Mexican agency finds irregularities in Pemex, Odebrecht contract
MEXICO CITY (Reuters) — Mexico's top anti-corruption agency said on Monday it had identified $6.7 MM in "new irregularities" from a contract between state oil company Pemex and Odebrecht, the Brazilian engineering firm that has admitted paying bribes in a dozen countries in recent years.
Profits on producing gasoil, jet fuel soar in Asia as demand outpaces supply
SINGAPORE (Reuters) — Profits on churning out barrels of gasoil and jet fuel in Asia could keep climbing after marking their highest in nearly two years this month, boosted as demand outpaces supply hit by a string of refinery outages both internationally and in the region.
US Gulf refiners rumble back to life, piece by piece
HOUSTON (Reuters) — US refineries are restarting after Hurricane Harvey forced them to shut down two weeks ago, raising the risk of fires and explosions that could prolong fuel supply disruption as plants simultaneously reheat units and reactivate catalysts.
Shell eyes Asia, aims to expand vehicle recharging at fuel stations
LONDON (Reuters) — Royal Dutch Shell aims to expand marketing operations in Asia and wants 20% of sales from its fuel stations worldwide to come from recharging electric vehicles and low carbon fuels by 2025, as the world shifts away from crude.
Largest US refinery restarts production after Harvey
HOUSTON (Reuters) — The largest US refinery was restarting production on Monday for the first time since being shut nearly two weeks ago by Hurricane Harvey, said sources familiar with plant operations.
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- Marathon Petroleum's 3Q profit beats, boosts share buybacks by $5 B 11/6
- U.S. crude stocks, gasoline and distillate inventories rise 11/6
- Fire at Tupras oil refinery in Turkey wounds 12 11/5