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Crude oil

Opinion: Trump-led oil and gas export boom may go bust in Europe trade spat

Oil and gas producers in the U.S. expect to find it easier to ramp up production and exploration under the incoming second administration of Donald Trump. Finding local and lucrative markets for their wares may be the bigger challenge.

China's crude oil imports fall for sixth straight month on refinery closure

China's crude oil imports fell 9% in October, a sixth consecutive monthly year-on-year decline as a plant closure at a state oil refinery adds to weaker demand from independent refiners.

U.S. crude stocks, gasoline and distillate inventories rise

U.S. crude stocks, gasoline and distillate inventories rose in the week ending Nov. 1, the Energy Information Administration (EIA) said on Wednesday.

Demystify warm-up practices for centrifugal pumps

Saudi Aramco: Talukder, R.  |  Mandal, P. K.

This article provides a thorough analysis of various warm-up practices—examining their benefits and drawbacks and proposing well-grounded guidelines for the development of efficient warm-up systems.

LyondellBasell to close Houston refinery (U.S.) in Q1 2025

Chemical maker LyondellBasell Industries detailed its long-announced plan to permanently shutter its 263,776-bpd  Houston oil refinery in the first quarter of 2025, shutting the facility's CDU and coker train in January, followed by the shuttering of the second CDU-coker production train, which supplies the gasoline-producing FCC and ancillary units, ending motor fuel production

Venezuela's oil exports hit a 4-yr peak on higher output, sales to U.S., India

Venezuela's oil exports rose to a 4-yr high, approaching 950,000 bpd in October, boosted by growing crude output and more sales to India and the United States.

Drone crashes on oil depot in Russia's Stavropol region

A drone fell on an oil depot in Russia's southern Stavropol region. It was the second suspected Ukrainian attack in consecutive days on Russian fuel and energy targets.

Utilize a process simulation digital twin to optimize condensate yield

ADNOC Sour Gas: Kaleem, J.  |  Al Ali, E.  |  Allanaboyina, V.  |  Srinivas, R.
Aspen Technology: E. Gebesy  |  S. Sheikh

With the aim to maximize profit, and contribute to sustainability targets by reducing greenhouse gas emissions, ADNOC Sour Gas has optimized condensate hydrotreater operation by adjusting Reid vapor pressure, which resulted in maximizing condensate yield. This article is a case study on using a process digital twin to optimize condensate yield.

Russia's Tuapse oil refinery to resume operations in November

Rosneft will resume operations at its oil refinery at the Black Sea port of Tuapse in November.

Shell's $6-B profit smashes forecasts as LNG offsets weak refining

Shell reported on Thursday 3Q profits of $6 B that exceeded forecasts by 12% as higher liquefied natural gas (LNG) sales offset a sharp drop in oil refining and trading results.