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Refining
Crude Oil
US Crude and Gasoline Stockpiles Fall as Refining Ramps Up - EIA
An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.…
Crude Oil
Dangote Refinery Receives 4th Crude Oil Shipment From NNPC
Dangote Refinery has received its fourth shipment of one million barrels of bonny light crude supplied by the Nigeria National Petroleum Company (NNPC) Limited.…
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 & 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…
Crude Oil
China to Cap Crude Oil Processing Capacity at 1 Bln Tons by 2025
China will cap its crude oil primary processing capacity at 1 billion metric tons by 2025 in an effort to streamline its vast refinery sector, the country's…
Oil & Gas Trade
Lummus Bags Contract for PP Plant Tech With Sinopec
Sinopec NZRCC will license Lummus' Novolen process technology for a new polypropylene plant in Ningbo, China, with a capacity of 500,000 tons per annum.Lumm…
Oil & Gas Supply
Kazakh PM Assigns to Speed Up Construction of Gas Refining Capacities at Kashagan
ASTANA. KAZINFORM Kazakh Prime Minister Alikhan Smailov met with heads of the Kashagan Consortium shareholders with the participation of managing director of th…
Oil & Gas Trade
Brazil's Petrobras Seals Cooperation Deal With Chinese Oil Giant
Brazil’s state energy major Petrobras has inked a strategic cooperation deal with China’s state oil major CNOOC.The deal, Reuters reports, citing a …
Oil & Gas Trade
Indian Oil Corporation to Invest Rs 4 Trillion to Expand Oil Refining and Petrochemical Businesses
Indian Oil Corporation on Friday said it plans to invest over Rs 4 lakh crore (trillion) in this decade to expand its oil refining and petrochemical businesses …
Oil&Gas Drilling
Indianoil Sets Sight on Being '360-Degree Energy' Company; To Invest Rs 4 Lakh Crore
India's top fuel retailer Indian Oil Corporation will invest over Rs 4 lakh crore in this decade to expand oil refining and petrochemical business as well a…
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 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,…
Biofuel
Vertex Energy Repairs Feedstock-Pumping System, Begins Commercial Production of Renewable Diesel
Vertex Energy Inc. announced May 31 the successful completion of the start-up procedures for the company’s renewable diesel conversion project at its Mobi…
Battery
Fortum Battery Recycling Oy and Amg Lithium Gmbh Sign Mou for Supply of Recycled Lithium Hydroxide
Fortum Battery Recycling Oy and AMG Lithium GmbH have entered into a preliminary agreement and signed a memorandum of understanding regarding the recycling of l…
Oil & Gas Trade
Saudi Diesel Imports From Russia, Exports to Singapore Hit Records
Leading crude exporter Saudi Arabia is maximising refining profits by importing unprecedented amounts of cheap Russian diesel and in turn shipping record volume…
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