Crude oil
Ukrainian drone attack shuts crucial unit at Russia's Novo-Ufimsk oil refinery
The CDU-5 distillation unit, which the sources say caught fire, accounts for around 28% of the Novo-Ufimsk refinery's total capacity.
U.S. naphtha exports surge to record high on Japanese, Venezuelan buying
IEA: Middle East oil disruptions set to hit Europe in April
More than 12 MMbbl of oil have been lost since the start of the U.S.-Israel war on Iran due to Tehran's attacks on energy assets in the region and restrictions on shipping through the Strait of Hormuz.
Russian oil tanker enters anchorage of Cuba's Matanzas port
Cuba has not received an oil tanker in three months, according to President Miguel Diaz-Canel, a predicament which exacerbated an energy crisis that has brought repeated blackouts across the country of 10 million people, crippling healthcare, public transportation and farming.
China's smaller independent refiners to curb output on rising oil prices
The so-called teapot refiners had benefited in recent months from cheap stocks of Russian and Iranian crude, but temporary U.S. waivers allowing purchases of Russian and Iranian oil stranded at sea for 30 days have driven prices for those barrels sharply higher as buyers, especially Indian refiners, rush to secure supply.
- Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy 5/18
- OXEA and Air Liquide renew syngas and hydrogen supply agreement for Oberhausen site 5/18
- BASF boosts refinery catalyst innovation with new R&D center in Attapulgus, Georgia (U.S.) 5/18
- U.S. oil refiners finally profit from biofuels due to mandates, high fuel prices 5/18
- China's April oil throughput hits lowest since August 2022, inventories rise 5/18
- Vietnam receives first cargo of Congo Djeno crude for Nghi Son refinery 5/18
