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Crude oil

Indonesia to build oil refineries with total capacity of 1 million bpd

Indonesia will build oil refineries on several of its islands, including Kalimantan and Sulawesi, with a total capacity of 1 million barrels per day, upgrading from a planned single refinery with a 500,000 bpd capacity, the energy minister said.

Crude shipments on Druzhba pipeline suspended after drone attack, Hungary says

Shipments of crude oil via the Druzhba pipeline have been suspended following a Ukrainian drone attack on a metering station.

Nigeria's NNPC, Dangote refinery in talks to extend naira-based crude supply deal

Nigeria's state oil company NNPC Ltd. has begun discussions with the Dangote oil refinery to extend its contract for supplying crude oil in the naira currency.

Mexico's Pemex prioritizes refining as it diverts heavy oil away from Gulf

Mexico's state oil company Pemex expects to continue diverting barrels of heavy crude away from U.S. Gulf Coast refiners as its new Olmeca refinery ramps up processing.

U.S. estimates it will take $20 B and years to refill strategic oil reserve

U.S. Energy Secretary Chris Wright estimates it would take $20 B and years to accomplish President Donald Trump's goal of refilling the Strategic Petroleum Reserve to its maximum capacity, the U.S. Energy Department said.

Russia's Kirishi refinery continues operations after drone attack Saturday

The Kirishi oil refinery in northwest Russia has not stopped oil processing following a drone attack on Saturday, two sources familiar with the plant's operations said on Monday.

China SAF plants push back start-up amid lack of policy

Several Chinese builders of sustainable aviation fuel (SAF) plants are postponing start up as a lack of government policy guidance restrains them from marketing the fuel domestically or exporting it.

Marathon to begin planned maintenance at Robinson, Illinois refinery

The refinery's primary crude unit, which processes both sweet and sour crude, will be down for maintenance, including heat exchanger work. The plant's 85,000-bpd diesel hydrotreater unit, 65,000-bpd vacuum distillation unit and 28,000-bpd hydrocracker unit will also undergo turnaround.

PBF Energy's Martinez refinery (California, U.S.) repairs to cost $30 million

Independent U.S. refiner PBF Energy said it is starting repairs at its fire-damaged 156,400-bpd Martinez refinery in California and estimates the cost of repairs to be $30 million.

Key U.S. energy data trends to track as tariffs kick in

Energy product traders, utilities, investors and business executives are among those scrambling to assess the likely impact of new steep tariffs on the United States' largest trade partners, which kicked in on Tuesday.