Crude oil
Deutsche Bank sets 2030 targets to cut emissions tied to loans
By 2050, the bank said so-called financed emissions tied to the oil and gas sector, including Scope 3 emissions from the use of gasoline and other refined products by end-users, would be reduced by 90%.
Exxon selling Montana oil refinery to Par Pacific for $310 MM
ExxonMobil Corp agreed to sell its Billings, Montana, refinery and related pipeline properties to Par Pacific Holdings Inc for $310 MM.
Vietnam refinery boosts production amid concern on fuel import costs
Vietnam's Binh Son refinery has ramped up its production to meet domestic fuel demand and was operating at 109% of its designed capacity, the government said on Thursday.
Chinese refiners ZPC, ChemChina win additional 2022 crude oil import quotas
Chinese private mega-refiner Zhejiang Petrochemical Corp (ZPC) has been awarded a 10 MMt additional crude oil import quota for 2022.
Strike ends at one of TotalEnergies's French refineries
Workers voted to end a strike at TotalEnergies' Donges refinery on Wednesday, bolstering the government's hopes the supply situation at petrol stations around the country will rapidly improve.
Indonesia and Rosneft partner for $24 B Java oil refinery
Rosneft will parnter with Indonesia to contribute $24 B on a greenfield refinery in East Java province, according to Global Construction Review.
ExxonMobil says French refineries could take 2-3 weeks to fully restart
ExxonMobil's 140,000 bpd fos-Sur-Mer and 240,000 bpd Port Jerome-Gravenchon oil refineries in France could take 2-3 weeks to fully restart after shutdowns caused by strikes.
Guyana opens tender for its first oil refinery
Guyana has called for proposals to design, finance and build a 30,000-barrel-per-day (bpd) oil refinery, the first for the South American country as it becomes a force in crude oil production.
Diesel’s gloomy message for the global economy
Global shortages of middle distillates such as diesel, gas oil and heating oil are intensifying rather than easing – making it more likely a relatively severe slowdown in the business cycle will be necessary to rebalance the market.
French refineries strike continues despite requisition threat
A strike at TotalEnergies' French refineries has been reconducted across all sites after the government warned it would requisition staff at some petrol depots to secure supplies following weeks-long strikes.
- 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
- India's Reliance buys Venezuelan oil directly from PDVSA 4/6
- Japan to boost intermediate chemical imports amid tighter naphtha supply 4/6
- Five EU countries call for windfall tax on energy companies 4/6
