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Oil & Gas Trade
Elliott Takes $1 Bln Stake in US Oil Refiner Phillips 66, Urges Board Revamp
A general view of the Phillips 66 Company's Los Angeles Refinery, which processes domestic & imported crude oil into gasoline, aviation and diesel fuels, in…
Offshore Wind Power
Japanese Firms Withdraw From Taiwan Offshore Wind Projects Amid Challenges
Japanese companies are dropping out of offshore wind projects in Taiwan, one of fastest growing markets for the technology, as rising costs and worsening delays…
Oil & Gas Trade
Russia Considers Lifting Gasoline Export Ban - Interfax
Flue gas and steam rise out of chimneys and smokestacks of an oil refinery during sunset on a frosty day in the Siberian city of Omsk, Russia, February 8, 2023.…
Oil & Gas Trade
Russia to Lose $4 Bln Tax Take as It Reverses Cut In Refining Subsidy
Russia's hasty restoration of a "damper" subsidy for oil refiners will not only cost the state budget 400 billion roubles ($4.3 billion) in subsidies this y…
Oil & Gas Trade
Exclusive: Poland's Unimot in Talks to Buy Shell's Stake in German Schwedt Refinery -Sources
A view shows oil processing facilities of an PCK oil refinery in Schwedt, Germany October 1, 2022. REUTERS/Annegret Hilse/File Photo Acquire Licensing RightsPol…
Oil & Gas Trade
Russia Ships First Oil Cargo to Brazil as It Seeks to Diversify Buyers
A general view shows the oil refinery of the Lukoil company in Volgograd, Russia April 22, 2022. Picture taken with a drone. REUTERS/REUTERS PHOTOGRAPHER/File p…
Oil and Gas Equipment
Totalenergies Reports Pump Leak, Unit Shutdown at Texas Oil Refinery
TotalEnergies Petrochemicals & Refining USA reported a leaky pump at its oil refinery in Port Arthur, Texas, which it said forced it to shut down a unit."A pump…
Oil&Gas Drilling
Saudi Output Cuts Helping Drive up Global Oil Markets
General view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah/File PhotoPrices for sour crude…
Crude Oil
Column: Saudi Output Cut Removes Downside Risk From Oil Market
General view of Aramco tanks and oil pipe at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed JadallahExt…
Oil Exploration
PBF's Martinez, California, Refinery Reports Release of Coke Dust on Communities
PBF Energy's (PBF.N) 156,400 barrel-per-day capacity oil refinery in Martinez, California released petroleum coke dust, a byproduct of the refining process,…
Hydrogen Fuel Cell
NZ Eyes Hydrogen-Based Synthetic Aviation Fuel Production
A joint project at the site of New Zealand’s former oil refinery in Marsden Point could revolutionize the country’s approach to sustainable aviation…
Biofuel
Canada Invests in Renewable Diesel, SAF Conversion Project
The Canadian government on May 31 announced plans to invest $86 million into a project that is converting an oil refinery located in Come By Chance, Newfoundlan…
Oil & Gas Trade
China’s Fuel Oil Imports Soar Due to Curbing Bitumen Blend Intake
China's independent oil refiners are ramping up fuel oil imports to process into gasoline and diesel amid robust refining margins as ongoing cargo inspectio…
Biofuel
Neste and World Fuel Services to Expand SAF availability
Neste Oyj and World Fuel Services Corporation are significantly expanding the availability of "Neste MY Sustainable Aviation Fuel" in Europe (photo courtesy Wor…
Crude Oil
Saudi Oil Minister Warns Market Speculators to ‘Watch Out’ Ahead of OPEC+ Meeting
Saudi Oil Minister Prince Abdulaziz bin Salman on Tuesday told market speculators to watch out, reiterating his warning that they could face pain ahead.Speculat…
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