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Refineries
Crude Oil
U.S. Crude Oil Stockpiles Fall Unexpectedly
U.S. crude oil stocks fell unexpectedly last week as refineries raised their capacity use and a decline in imports offset an increase in production to a record …
Crude Oil
Exclusive: Oil Group Mol’s Refineries Shift to Non-Russian Crude Faces Delay
Fuel prices are seen on a board at a gas station of Hungarian oil company MOL Group in Esztergom, Hungary, January 21, 2023. REUTERS/Marton Monus/File Photo Pur…
SAF
Brazil Offers More Than $1 Billion to Support the Development of SAF, Marine Biofuel Projects
The government of Brazil on Aug. 22 announced it will offer R$6 billion ($1.09 billion) to support the development of biorefineries to produce sustainable aviat…
Oil & Gas Supply
Nigeria’s dangote refinery, others seek 597,700 bpd of oil amid tight supply
Nigerian refineries including the Dangote Refinery have raised their domestic crude requirements for the second half of 2024 to 597,700 barrels per day from 483…
Oil & Gas Supply
Pakistan Refiners Warn $6 Bln Upgrades at Risk Due to Fuel Price Deregulation Plan
Pakistan's plans to deregulate fuel prices could lead refiners to halt planned upgrades worth up to $6 billion and force some refineries to close, some of t…
Photovoltaic （PV）
Petrobras Approves Use of Decarbonization Fund for PV Plants
Petróleo Brasileiro SA (Petrobras) has approved the use of its Decarbonization Fund for the installation of photovoltaic (PV) plants at its refineries.Pe…
Oil & Gas Trade
Cenovus Energy to Invest $1.5 Billion in Ohio Refineries Over Next 5 Years
Cenovus Energy (CVE.TO), opens new tab on Thursday said it plans to invest $1.5 billion in its Ohio refineries over the coming five years, including Lima and Or…
Biofuel
Biofuels Group Clonbio Plans $500M Investment in US Plant
Irish-owned biofuel and renewables group ClonBio has announced plans to invest $500m (€457m) in a Wisconsin biorefinery plant in a move that will create 1,…
Oil&Gas Drilling
Russia Continues to Process High Levels of Crude Mid-December
Russia's oil processing in the past week remained close to its highest daily refining runs in more than eight months amid decreased seaborne exports.The nat…
Oil Exploration
Kuwait's Al-Zour Refinery Put Into Full Production
Bringing online the third of the three mini refineries will gradually take the capacity to 615,000 bpd.Kuwait’s mega Al-Zour refinery is now fully operati…
Carbon Storage
Alberta Unveils Carbon Capture and Storage Incentive to Help Decarbonization
Multiple refineries including the Kinder Morgan Edmonton Terminal, that produces petrochemicals, is seen near Edmonton, Alberta, Canada, October 7, 2021. REUTER…
Oil & Gas Trade
Gazprom to Produce Oil and Gas in Kyrgyzstan
A project has been approved, according to which Gazprom PJSC will produce oil and gas in the country, provide our population with gas and process oil at our ref…
Oil & Gas Trade
Pakistan Signs Oil Purchase Agreement With Russia
Significant progress has been reported in the purchase of cheap oil from Russia, as Pakistan has signed a long-term oil purchase agreement with Moscow.Under the…
Oil & Gas Trade
Pakistan Signs Long-Term Oil Purchase Agreement With Russia
Oil Tankers AssociationSignificant progress has been reported in the purchase of cheap oil from Russia, as Pakistan has signed a long-term oil purchase agreemen…
Hydrogen Project
Totalenergies Plans Jumbo Green Hydrogen Tender to Cut Emissions
Total plans to replace the entire 500,000 tons of gray hydrogen used annually in its refineries with green hydrogen , Bloomberg(Bloomberg) -- TotalEnergies SE i…
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