Refining
Japan proposes oil refiners must raise fuel oil processing capacity at plants
TOKYO (Reuters) — Japan is proposing its oil refineries increase the amount of residual fuel oil processed at the plants in a third round of directives to streamline the nation’s refining sector.
US crude rises, gasoline falls as refineries restart
LONDON (Reuters) — US oil prices rose on Tuesday and gasoline fell as the gradual restart of refineries in the Gulf of Mexico that were shut by Hurricane Harvey raised demand for crude and eased fears of a fuel supply crunch.
Polish refiner Lotos receives first crude oil cargo from Canada
WARSAW (Reuters) — Lotos, Poland’s second biggest oil refiner, said on Monday that it had received its first crude oil cargo from Canada.
Phillips 66 requests Jones Act waiver after Harvey
HOUSTON (Reuters) — US refiner Phillips 66 has requested a Jones Act waiver to allow it to use foreign vessels to move crude or products to and from its 260,000-bpd Alliance refinery in Louisiana after Hurricane Harvey, the company said on Sunday.
Texas edges closer to recovery after Harvey as key pipeline restarts
HOUSTON (Reuters) — The US Gulf Coast moves closer to recovery from Hurricane Harvey on Monday when the biggest American fuel system restarts a key segment shut down by devastating rains and officials weigh how to pay for billions of dollars in damage.
Oil falls after Harvey floods US refineries
LONDON (Reuters) — Oil prices slipped on Friday in the wake of Hurricane Harvey, which has killed more than 40 people and brought record flooding to the oil heartland of Texas, paralyzing a quarter of the US refining industry.
Latin America looks to Venezuelan fuel cargoes as Harvey swamps US
HOUSTON (Reuters) — After Hurricane Harvey roared into Texas, flooding oil refineries and crippling ports along US Gulf Coast, Latin American countries scouring the globe for other sources of fuel are zeroing in on a flotilla waiting to unload off the coast of Venezuela.
Asian refiners ramp up output to fill supply gaps left by Harvey
SINGAPORE (Reuters) — Refiners across Asia are cranking up output to send fuel to the United States, where fallout from Hurricane Harvey has left around a quarter of the nation's refineries shut down.
Retail US gasoline prices surge as Harvey keeps refiners shut
HOUSTON/NEW YORK (Reuters) — Retail US gasoline prices hit two-year highs and global shipping routes were scrambled as the nation's largest refiners remained shut on Friday, even as Storm Harvey lost strength.
Largest US refinery may be shut up to two weeks
HOUSTON (Reuters) — Motiva Enterprises' Port Arthur, Texas refinery, the nation's largest, may be shut as long as two weeks for assessment of the plant and repair of any damage, sources familiar with plant operations said on Thursday.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
