Refining

Update: Fire extinguished at Venezuelan oil upgrader, operations halted

Incidents and outages are frequent within PDVSA's aging infrastructure, including oilfields, refineries and upgraders that are key to turning the country's extra heavy oil output into exportable crude grades.

Lukoil trading arm shrinks fast under Western sanctions

The measures, which also target state-owned Rosneft, took effect on Friday as Washington seeks to choke off Moscow’s ability to fund its war in Ukraine. They have thrown Lukoil’s global operations into limbo, from oilfields in the Middle East to fuel pumps and refineries across Europe.

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.