Refining
Vietnam's Nghi Son refinery to import its first Kuwaiti crude cargo
SINGAPORE (Reuters) — Vietnam's Nghi Son Refinery and Petrochemical LLC (NSRP), the owner of the country's second oil refinery, has chartered a supertanker to carry crude from Kuwait in a sign that the behind-schedule project may soon begin startup operations.
China June oil refinery throughput close to record
BEIJING (Reuters) — China's oil refineries ramped up throughput in June to the second highest on record, with some independent plants raising output even as state oil majors prepare to take drastic steps to cut production during the peak summer season.
S.Korea's Hanwha Total says naphtha cracker shut after lightning strike
SEOUL (Reuters) — South Korea's Hanwha Total said on Monday its naphtha cracker in Daesan has been shut due to power outages caused by a lightning strike.
India BPCL makes its first US oil purchase, buys Mars, Poseidon
NEW DELHI (Reuters) — India's Bharat Petroleum Corp has made its first purchase of US oil, buying high sulfur crudes Mars and Poseidon in a tender, its head of refineries R. Ramachandran said.
North Korea fuel prices surge after China cuts oil sales
SEOUL (Reuters) — Gasoline and diesel prices surged in North Korea in the weeks after a Chinese state oil company suspended fuel sales to the reclusive state, according to data reviewed by Reuters and an interview with a North Korean defector.
Asia's naphtha trapped in downward spiral as supply glut hits
SINGAPORE (Reuters) — Asia is being hit with a naphtha supply glut that could push the market down further, after spot prices in South Korea already flipped from premiums to discounts in late June for the first time since March.
Meridian Energy receives water allocation draft permit recommendation for Davis refinery
BELFIELD, ND — Meridian Energy Group, Inc., a developer of innovative solutions for environmentally-compliant oil refining technology, announced the company has received the Recommended Decision for the Davis Refinery water allocation from the North Dakota State Engineer’s Office.
ClearSign receives order to qualify combustion technology for oil refinery
SEATTLE — ClearSign Combustion Corporation, a provider of industrial combustion technologies that deliver a reduction of pollutant emissions, announced that they have received a purchase order to qualify the company's Duplex combustion technology as a precursor to an installation at a super major oil refinery.
Cheaper options knock Gulf's share of Indian June oil imports to 19-mth low
NEW DELHI/SINGAPORE (Reuters) — India's reliance on Middle East oil imports shrunk in June to the smallest since October 2015 as the world's third-biggest importer tapped other sources amid OPEC supply cuts, ship tracking data from industry sources and data available on Thomson Reuters Eikon showed.
Cold storage: traders shift oil products out of tanks as short-term demand soars
SINGAPORE (Reuters) — Some energy traders in Southeast Asia are cutting their use of storage tanks as short-term demand for oil products soars, hitting companies that rent out storage at a time when many of them have just expanded their capacity.
- U.S. fuel ethanol exports rise on strong international demand and low U.S. prices 11/6
- LanzaTech and Eramet plan integrated CCUS project in Norway 11/6
- DG Fuels to launch SAF plant in Minnesota (U.S.), converting biomass into high-value fuel 11/6
- 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
