Crude oil
Two diverted oil tankers enter Red Sea but disruptions continue
Two oil tankers that had diverted away from the Red Sea have turned back and passed through the Bab al-Mandab Strait, ship-tracking data shows, though tensions in the region continued to disrupt global shipping and trade.
West Africa Crude-India's purchases of Nigerian crude jump in December
Data showed that India's imports of Nigerian crude jumped from November to December 2023, as the South Asian country took advantage of Nigeria's large overhang of cargoes.
Thailand orders traders to suspend diesel exports
Thailand has ordered traders to suspend diesel exports while Thai Oil Plc repairs its No. 3 crude distillation unit in Chonburi province.
Shell to exit Nigeria's troubled onshore oil after nearly a century
Shell is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a consortium of five mostly local companies for up to $2.4 B.
Talos Energy to acquire QuarterNorth Energy for $1.29 B
Oil and gas company Talos Energy said it will acquire privately held QuarterNorth Energy in a $1.29 -B cash and stock deal to bolster its presence in Mexico.
Drawn by low prices, Chinese refiners hunt for oil to replenish stocks
Chinese refiners are actively booking crude oil cargoes for delivery in March and April to replenish stocks, locking-in relatively low prices and in anticipation of stronger demand in the second half of 2024.
More oil tankers shun southern Red Sea after U.S.-led strikes in Yemen
At least six more oil tankers were steering clear of the southern Red Sea, as disruptions on the vital route for energy shipping increase in the wake of U.S.-led strikes against Houthi targets in Yemen.
Thai Oil to shut crude unit for repairs at Sriracha refinery
Thai Oil is planning to shut one of the three crude distillation units at its Sriracha refinery complex for repairs after production issues cropped up early last week.
Protesters in Libya threaten to shut down oil and gas facilities
Protesters have threatened to shut down two oil and gas facilities near the Libyan capital Tripoli, with one group that is campaigning against corruption issuing a 72-hour ultimatum.
Indonesia's 2024 oil, gas lifting set to fall short of government targets, regulator says
Indonesia's oil and gas lifting this year is likely to fall below government targets, upstream oil and gas regulator SKK Migas said but pledged efforts to fill the gap.
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
