U.S.
EIA: U.S. crude stocks fall on higher demand, fuel inventories rise
U.S. crude stocks fell as refining and export demand rose, while gasoline and distillate inventories rose last week.
Update: bp shuts down Olympic fuel pipeline after partially restoring system affected by leak
The company restored one of the two pipelines east of Everett, Washington (U.S.) on Monday that was shut to determine the source of some product discharge
Trump administration may delay biofuel import credit cuts as refiners balk
The delay now under discussion could please domestic oil refiners that have invested in the bio-based diesel sector but would risk frustrating U.S. farmers and biofuel producers.
U.S.: California refinery closures spark pipeline race to West Coast
Motorists in West Coast states have long paid some of the country's highest fuel prices due to limited regional production and minimal connectivity to the Gulf Coast refining hub.
MHI Compressor secures steam turbine contract at Baton Rouge (U.S.) olefins plant
During the project, virtual assembly will be provided during the manufacturing stage and throughout the installation stage to support an efficient turnaround and help maintain continuity in plant operations.
bp restores part of Olympic Pipeline after Washington (U.S.) leak
The bp-operated Olympic shut its pipelines in the area after the discharge on Sunday. The system consists of two pipelines in the area.
Global oil refining profits surge and may stay strong
The strength in margins contrasts with crude oil markets coming under pressure from an expected oversupply, and has defied expectations earlier this year that the rally could prove to be a short-term blip due to the impact of tariffs.
India ships first jet fuel cargo to U.S. West Coast
U.S. West Coast jet fuel production has been curtailed since October, after a fire at Chevron's 285,000-bpd El Segundo refinery in southern California forced the company to take multiple units offline.
Serbia has a week to resolve NIS refinery crisis, President Vucic says
Washington is seeking complete Russian divestment from NIS, which operates Serbia's only refinery, and on Saturday gave the company's owners three months to find a buyer.
Enbridge approves $1.4-B project to boost Canadian oil flows to U.S. refiners
The project adds additional takeaway capacity for Canadian crude and broadens access to U.S. refineries, improving the flow of oil sands to major export outlets.
- YPF, Eni and XRG sign joint development agreement advancing 12-MMtpy Argentina LNG project 2/12
- Maire launches new technology to produce PTMEG, the key polymer composing the spandex fiber. 2/12
- Verde Clean Fuels announces suspension of development of Permian Basin gas-to-gasoline project 2/12
- Vietnam's largest refinery to operate at 120%-125% of designed capacity in Q1 2/12
- Indonesia's Medco expansion plans bet on rising energy demand in Southeast Asia 2/12
- Brazil to rebuild ethanol stocks in new harvest after 21% drop in 2025-2026 2/12
