Crude oil
White Owl acquires Clairmont terminal in Canada
CALGARY — White Owl Energy Services Ltd. announced the acquisition of the Pembina Pipeline connected Clairmont terminal in the Grande Prairie area of Alberta.
Saudi to supply full crude allocations to most Asian refiners
SINGAPORE/SEOUL (Reuters) — Saudi Arabia will supply full contracted volumes of crude oil to at least five north Asian term buyers in October, while a sixth regional refiner was notified of cuts to its October Arab Extra Light supplies, sources familiar with the matter said on Monday.
Rosneft to ship record 40 MMt of oil to China in 2017
MOSCOW (Reuters) — Russia's top oil producer Rosneft plans to export a record 40 MMt of crude oil to China this year, Chief Executive Igor Sechin was quoted as saying on Sunday.
Saudi Aramco to add 1.9 MMbbl of crude oil to its Japan storage
TOKYO (Reuters) — Oil giant Saudi Aramco will on Wednesday add 1.9 MMbbl of crude to storage that it holds in Japan, a Japanese trade ministry official said on Monday.
Oil weakens on fears Irma could dent US demand
LONDON (Reuters) — Oil prices edged lower on Monday on concerns that Hurricane Irma's pounding of heavily populated areas of Florida could dent oil demand in the world's top oil consuming nation.
Industry Metrics
US margins recorded solid gains as crack spreads for all products increased due to healthy domestic demand.
Business Trends: The state of the global refining sector
Over the past few years, the world has witnessed significant downstream capacity growth in all sectors of the hydrocarbon processing industry (HPI).
Global: The slow closing of Africa’s refining technology gap
Technology gaps in the crude oil refining sector of sub-Saharan Africa (SSA) are making it difficult for crude oil processing plants to achieve energy efficiency, produce high-quality products or adhere to international carbon emissions requirements.
Iron poisoning investigations enable opportunities for success
The function of fluid catalytic cracking units (FCCUs) is to maximize profits from a given barrel of oil.
China invests $9.1 B in Rosneft as Glencore, Qatar cut stakes
MOSCOW/BEIJING (Reuters) — Chinese conglomerate CEFC will buy a 14.16% stake in Russian oil major Rosneft for $9.1 B from a consortium of Glencore and the Qatar Investment Authority, strengthening the energy partnership between Moscow and Beijing.
- SkyNRG starts construction on its first SAF plant in Delfzijl, the Netherlands 2/13
- India's Reliance wins U.S. license for Venezuelan oil 2/13
- Singapore light distillates stocks hit over 3-yr high on robust imports 2/13
- Three contractors injured at ExxonMobil facility in Beaumont, Texas (U.S.) 2/13
- China's epic renewables boom lifts it into rare clean capacity club 2/13
- TotalEnergies booked loss in France due to refining activities, CEO says 2/13
