Crude oil
India's Russian oil imports hit 10-month high on strong demand for ESPO crude
India's Russian crude oil imports will hit close to 1.8 MMbpd in May, the highest in 10 months, ship tracking data from Kpler showed, after refiners snapped up more light grades such as ESPO Blend.
ADNOC and EGA sign $500-MM deal to localize supply of key raw material in aluminum production
ADNOC and Emirates Global Aluminium (EGA) announced a five-year $500-MM supply agreement for up to 1.5 MMt of calcined petroleum coke (petcoke) from the Ruwais refinery (UAE), a key raw material used in aluminum production.
Nigeria's fuel traders struggling to secure gasoline from refurbished state refineries
Nigerian fuel traders are struggling to secure gasoline supplies from two newly refurbished state-run refineries six months after they were declared operational, they say, leaving them reliant on the privately owned Dangote oil refinery and imports.
Nuberg EPC, EDL sign technical collaboration agreement across several industries
Nuberg EPC and EDL Anlagenbau Gesellschaft mbH (a Pörner Group Company) have signed a Technical Collaboration Agreement to explore engineering and sustainable development opportunities across industries including fuel oil refineries, petrochemical industries, green hydrogen derivatives and sustainable process technologies to accelerate technological excellence and environmental responsibility.
U.S. order allows Puerto Rico to shore up ailing power grid with fuel oil plants
U.S. Energy Secretary Chris Wright issued an emergency order on Friday that will allow Puerto Rico's state-owned utility to plug chronic electricity shortfalls on the island with electricity from oil-burning power plants without running afoul of environmental laws.
China's April refinery output fell 1.4% year-on-year
China's crude oil throughput fell in April from a year earlier, official data showed on Monday, due to maintenance at state-owned refineries and as independent plants curbed output amid poor margins.
Russia's idle oil refining capacity revised up by 30% in May
Russia's offline primary oil refining capacity has been revised up by 29.5% in May from the previous plan to 3.41 MM tonnes (t).
Insight: Lifting U.S. sanctions on Iran could crush China’s 'teapot' oil refineries
The possible lifting of U.S. sanctions on Iran's oil exports could deal a fatal blow to independent Chinese refineries that have thrived by processing Tehran’s discounted crude, while also putting further downward pressure on oil prices.
Lotte Chemical to start operating Indonesia cracker in H2 2025
The new cracker which has the capacity to produce 1 MMtpy of ethylene is part of a $3.95 billion project at Cilegon, in Indonesia's Banten province.
U.S. EPA to rule on backlog of small refinery biofuel exemption requests
There are 161 applications for exemptions from the U.S. Renewable Fuel Standard pending. The EPA's decision will have significant implications for the multi-billion-dollar credit market that underpins the biofuel program.
- Chiyoda, AVEVA forge strategic partnership to power plantOS with AVEVA CONNECT 6/27
- SABIC announces closure of Olefins 6 facility in Teesside, UK 6/27
- LyondellBasell's polyolefin technologies selected by SHCCIG Yulin for petrochemicals complex in China 6/27
- Damaged unit of Iran's South Pars refinery back operating 6/27
- hte conducts research for JGC to advance decarbonization by identifying suitable catalysts for ammonia cracking 6/26
- TES and CPC Finland to develop 500-MW e-NG project in Finland 6/26
