Refining
Russia raises August oil export plan after drone strikes continue to disrupt refineries
Export planning remains uncertain, however, due to ongoing strikes and shifting repair schedules, so delays and volume revisions are likely.
Canada's Alberta eyes investment in Japan's refining to boost oil exports
Canada's main oil-producing province of Alberta is considering a financial investment in Japan's refining sector, an attempt to reduce its overwhelming dependence on top trade partner the U.S. for oil exports.
U.S. EPA approves biofuel waivers for small refiners, stirring concerns over demand
The U.S. Environmental Protection Agency approved most of its backlog of requests by small oil refineries for biofuel law exemptions, raising concerns among biofuels advocates over a potential hit to demand.
Novatek to reduce naphtha exports due to fire at Ust-Luga complex
Debris from a destroyed Ukrainian drone caused a fire at Novatek's Ust-Luga terminal early on August 24.
China's Sinochem to sell two bankrupt refineries to local operators
The acquisitions, which come during a consolidation of the world's largest refining base, would see the new owners step up crude imports and resume operations at the troubled plants, lifting oil purchases at the world's top importer.
Iraq raises refining capacity to 1.3 MMbpd
The move should bring Iraq closer to achieving "self-sufficiency of petroleum products", and reduce the burden of importing petroleum derivatives.
CNOOC completes construction on $2.9-B, 1.8-MMtpy integrated complex in east China
China National Offshore Oil Corp has completed building a $2.9-B, 1.8-MMtpy integrated refining and petrochemical complex in eastern China
bp's Whiting refinery (U.S.) continues to flare days after severe thunderstorm
bp's 440,000-bpd refinery in Whiting, Indiana, continued to flare after flooding disrupted its operations earlier this week, the company said.
U.S. to rule on biofuel waivers, but big oil refiners may need to wait
President Donald Trump's administration is expected to rule on a growing backlog of requests from small oil refiners seeking relief from U.S. biofuel laws as early as Friday, but will delay a decision on whether larger refiners must compensate by boosting their own biofuel blending
Chinese independent refiner Hongrun buys Canadian, Brazilian crude
Chinese independent refiner Hongrun Petrochemical has bought crude from Canada and Brazil for its Changyi refinery that recently secured an import quota.
- 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
