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Refining

Russia's Ryazan oil refinery reports fire, no injuries

A fire tore through Ryazan oil refinery, Russia's third-largest, the Komsomolskaya Pravda newspaper said, quoting emergency services.

Brazil's Petrobras plans to finish RNEST refinery's Train 1 expansion in early 2025

Brazilian state-run oil firm Petrobras, opens new tab said that it plans to finish expansion works on Train One of its Abreu e Lima refinery in the first quarter of 2025, nearly a decade after the expansion was halted due to a massive corruption scandal.

Drawn by low prices, Chinese refiners hunt for oil to replenish stocks

Chinese refiners are actively booking crude oil cargoes for delivery in March and April to replenish stocks, locking-in relatively low prices and in anticipation of stronger demand in the second half of 2024.

Russia's NORSI refinery may halve high-octane gasoline output after outages

Lukoil's NORSI oil refinery in Nizhny Novgorod may halve high-octane gasoline output after an emergency stoppage at one of two plant's catalytic cracking unit.

Russia's NORSI oil refinery halts unit due to an incident

The NORSI oil refinery, one of the largest in Russia, has halted a unit after an incident, oil company Lukoil said, without giving further details.

European diesel refining margins rise after Yemen air strikes

Benchmark northwest European diesel refining margins rose to above $30 a barrel as intensifying conflict in the Red Sea increased concerns about potential supply disruptions.

Alberta examines options for its investment in the Sturgeon Refinery

Alberta Premier Danielle Smith is exploring options to address the province's recent losses stemming from the Sturgeon Refinery.

Nigeria's NNPC allocates four February crude oil cargoes to Dangote refinery

Nigeria's state oil company NNPC is expected to supply four crude cargoes from its February program to the $20-B Dangote refinery, which is poised to begin operations after years of construction delays.

Nigeria's Dangote refinery set for test runs after getting more crude

Nigeria's Dangote oil refinery could begin test runs as early as this week after receiving a sixth crude cargo, company officials said, finally bringing the 650,000 bpd plant to life after years of construction delays.

Mexico's new Olmeca oil refinery now seen processing 243,000 bpd in 2024

Mexican state oil company Pemex's top executive estimated that the firm's newest refinery will process 243,000 bpd of crude in 2024 during its first year of operations, before ramping up to near full capacity in 2025.