Refining
Serbia secures U.S. sanctions waiver for its NIS oil firm
NIS operates Serbia's only oil refinery in the town of Pancevo, just outside Belgrade and is the biggest supplier and fuel retailer in the Balkan country.
India’s Reliance buys about 155,000 bpd Russian oil after pause
The private refiner's overall imports in February rose marginally from last year to 1.37 MMbpd.
China's Sinochem cuts refinery runs, seeks prompt-delivery crude
Sinochem has also been trying to buy spot cargoes from bonded storage for prompt delivery to cover its "immediate" requirements for the 300,000-bpd Quanzhou plant.
Prices for oil, fuel cargoes smash record highs as Iran war chokes Middle East supply
Surging oil prices in physical markets — the trading place for oil on ships, rail cars or in storage tanks — have outpaced the already dizzying increases in benchmark futures markets, as refiners and traders across Asia and Europe are snapping up whatever barrels they can secure to plug the enormous supply gap caused by the U.S.-Israeli war on Iran.
TotalEnergies starts production at France’s first advanced plastics recycling plant
TotalEnergies has launched France’s first advanced plastics recycling plant, with a capacity of 15,000 tpy, at its Grandpuits site southeast of Paris. This start-up marks another step in the conversion of the refinery into a zero-crude platform.
Jones Act: U.S. waives shipping regulation to ease fuel, fertilizer deliveries
Under the Jones Act, goods shipped between U.S. ports must be carried on vessels that are U.S.-built, U.S.-flagged and mostly U.S.-owned. Maritime industry unions support the requirement, which sharply limits the number of tankers available for domestic shipments.
- Ineos to shut polystyrene facility in Illinois (U.S.) by the end of the year 6/19
- How ASTM approval of methanol-to-jet accelerates SAF at scale 6/19
- EU crafts plan to give industries extra free CO2 permits this year 6/19
- PetroChina forecasts Chinese oil consumption will drop 4.9% this year 6/19
- Digital Exclusive: Water injection pump mechanical seals failure after pump shutdown 6/19
- Russian gasoline output down 25% so far in June after drone attacks on refineries 6/19

