Refining
India, Saudi Arabia exploring joint refinery, petrochemical projects
India and Saudi Arabia are exploring joint projects in refineries and petrochemicals, Indian Prime Minister Narendra Modi told Arab News in an interview.
China-U.S. trade war redrawing global LPG trading, outlook
The global liquefied petroleum gas (LPG) market is facing an upheaval as high tariffs on U.S. imports force Chinese buyers to swap American cargoes for alternatives from the Middle East, while U.S. shipments divert to Europe and elsewhere in Asia.
Kazakhstan raises gasoline exports plans to 54,283 tons in April
Kazakhstan plans to export 40,000 metric tons of Ai-92 gasoline this month from the Shymkent oil refinery amid plentiful stockpiles, the energy ministry's exporting schedule showed. This would be on top of 14,283 tons already allocated for export from the Condensate refinery.
Azerbaijan's SOCAR resumes operations at Baku oil refinery
Azerbaijan's oil company SOCAR has resumed operations at an oil refinery in Baku after a 40-day shutdown caused by maintenance works after a fire.
Phillips 66 fires back at Elliott over Citgo conflict of interest amid board fight
Phillips 66 is arguing that Elliott Investment Management should back down from its push to break up the energy company because the activist investor is conflicted from a separate effort to acquire one of Phillips 66's rivals.
Indonesia ships 2.02 MMt of crude, refined palm oil in March
Indonesia exported 2.02 MM tonnes (t) of crude and refined palm oil in March, down slightly from the previous month's 2.06 MMt.
Rönesans Holding closes financing on $2-B PP production plant in Türkiye
Rönesans Holding, one of Türkiye’s largest contracting and investment conglomerates, has closed the financing to progress the development of a major new polypropylene (PP) production plant and terminal facility, which will be one of the largest private sector industrial investments in Türkiye.
More than 100 employees leave U.S. EIA, putting crucial energy data at risk
The U.S. government's energy statistics arm is set to lose > 100 employees after the Trump administration's latest round of resignation offers, putting at risk some of the most closely watched energy reports globally.
Russia ramps up oil products supplies to Indonesia
Russia is ramping up shipments of oil products to Indonesia as Moscow seeks to expand new markets for its exports in the wake of Western sanctions imposed over its invasion of Ukraine.
Valero books $1.1-B impairment, may idle California refinery
Valero Energy Corp. said on Wednesday it was taking a $1.1-B pre-tax impairment related to its California (U.S.) refineries and told state regulators it would permanently shut or restructure its San Francisco-area refinery in Benicia, California by the end of April 2026.
- INEOS, Royal Wagenborg launch the first European-built offshore CO2 carrier for carbon capture and storage 5/14
- Ayuda en Acción, Indorama Ventures and IMG Group launch major recycling partnership to tackle waste crisis in Mali 5/14
- Syensqo expands Ryton PPS compounding capabilities in the U.S. 5/14
- ClearSign Technologies receives another engineering order for low-emissions flare burner 5/14
- Nigeria's Dangote oil refinery cancels June maintenance at gasoline unit 5/14
- Russian seaborne diesel exports fell in April 5/14
