Refining
Russia's offline primary oil refining capacity revised up for April
Russia's offline primary oil refining capacity has been revised upwards for April by 107,000 metric tons from previous expectations to 4.430 MMt.
China refiners imported record amounts of crude oil in 2023
Refiners in China imported record volumes of crude oil in 2023 to supply the country’s increasing refining capacity in order to support the country’s transportation fuel needs and produce feedstocks for its growing petrochemical industry.
Singapore fuel oil stockpiles extend slide to five-week low
Singapore's onshore fuel oil stockpiles extended declines to a five-week low, although inventory levels continued to average higher compared to last month.
Motiva restarts two CDUs at Port Arthur, Texas (U.S.) refinery
Motiva Enterprises restarted two crude distillation units overnight at its 626,000 bpd Port Arthur, Texas (U.S.) refinery, the nation's largest, after a power outage.
Trafigura consortium in talks to buy Exxon oil refinery in France
Rhone Energies, a consortium of commodity trader Trafigura and Entara LLC, is in exclusive negotiations with Exxon Mobil's ESSO SAF to acquire the Fos-sur-Mer refinery in southern France and the Toulouse and Villette de Vienne terminals.
Kent plays integral role In ExxonMobil's investment In Fawley UK petrochemical complex
Kent, a leading global engineering and project management company, announced its significant involvement in ExxonMobil's $1.04-B investment in its Fawley petrochemical complex.
Lukoil expects damaged NORSI refinery units back up in Q2
Russian oil producer Lukoil expects its damaged CDU-6 primary unit and catalytic cracker at the NORSI oil refinery to return to operations in the second quarter following seasonal maintenance.
Russia's Orsk refinery declares force majeure on fuel supply due to floods
Russia's Orsk oil refinery, which has halted output after widespread floods, declared force majeure on fuel supplies from April 8, according to a document issued by plant owner Forteinvest.
Vietnam's Long Son Petrochemicals Complex to commence commercial operations in Q3 2024
The Long Son Petrochemicals Co. Ltd. has confirmed that its Long Son petrochemical complex in Ba Ria - Vung Tau province is set to start commercial operations in the third quarter of 2024.
Cenovus Energy pumps $1.5 B into Ohio refineries, plans expansion
Cenovus Energy commits to bolstering its operations in Ohio, with plans for a substantial injection of over $1.5 B into the region over the next half-decade.
- Consortium to launch world's first commercialized PET bottle using bio-paraxylene 10/31
- Cepsa becomes Moeve 10/31
- Refiner PBF Energy posts bigger-than-expected 3Q loss as margins collapse 10/31
- Russia's Tuapse oil refinery to resume operations in November 10/31
- Shell's $6-B profit smashes forecasts as LNG offsets weak refining 10/31
- Consortium introduces world's first pharmaceutical bottle partially made with wood-based plastics 10/30
