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Refining

Idemitsu restarts Yokkaichi's No. 3 CDU on Aug 11 after maintenance

Japanese oil refiner Idemitsu Kosan restarted the 155,000-bpd No.3 crude distillation unit at its Yokkaichi refinery in central Japan on August 11, following scheduled maintenance, a company spokesperson said.

Vietnam's Binh Son Refining and Petrochemical buys 1 MMbbls of oil from the U.S.

Vietnam's Binh Son Refining and Petrochemical has bought 1 MMbbls of U.S. West Texas Intermediate crude for November delivery, the country's first U.S. oil purchase in 2025.

U.S. crude oil and distillate inventories rise, gasoline stockpiles fall

U.S. crude inventories unexpectedly rose as imports increased, while gasoline stockpiles fell last week, the Energy Information Administration said.

Phillips 66's Bayway refinery's gasoline unit at reduced rates after fire

Phillips 66 has reduced gasoline output at its 258,000-bpd Bayway refinery in Linden, New Jersey after a fire near the plant's gasoline producing unit

Citgo Petroleum returned to profit in the second quarter

Venezuela-owned U.S. refiner Citgo Petroleum registered net income of $100 million in the second quarter vs. a $25 million loss in the same quarter last year, finishing the period with liquidity of $2.6 billion.

India's Reliance makes rare fuel oil purchase from HPCL

Reliance Industries has in recent weeks made rare fuel oil purchases from state-run Hindustan Petroleum Corp. The purchases suggest the operator of the world's largest refining complex is diversifying its fuel oil sources as India comes under heavy pressure from the U.S. over its energy ties with Russia.

Japan's Eneos shuts 77,000-bpd Kawasaki No.3 CDU for maintenance

Japan's biggest refiner, Eneos Corp, has shut the 77,000 barrel-per-day No. 3 crude distillation unit at its Kawasaki refinery, near Tokyo, on August 9 for scheduled maintenance

VINCI wins major contract for innovative biofuels plant in Spain

Moeve and Apical have awarded Grupo Cobra and Masa - both subsidiaries of Cobra IS – the electrical, piping and industrial mechanical works of the largest second-generation biofuels plant in Spain.

Dangote Refinery cuts fuel price before planned sales to local Nigerian market

The latest price cut from 850 naira, effective from Aug 12, comes as the company targets fuel supply directly to retail stations, manufacturers, telecoms firms, and other large users, to boost supply of its products.

AFPM: U.S. RFS proposal misses the mark on affordability, security by an ‘Iowa mile’

The American Fuel & Petrochemical Manufacturers (AFPM) recently submitted comments on the Environmental Protection Agency’s proposed Renewable Fuel Standard volumes for 2026 and 2027.

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