Crude oil
Woodside says Santos merger talks still at early stage as it forecasts higher production
Woodside Energy CEO Meg O'Neill said there was no recent precedent for sizable premiums in oil and gas deals as the producer reported it was still in the early stages of talks over a potential $52-B merger with Santos.
India defers $602-MM plan to fill parts of strategic petroleum reserve
India has deferred a $601.78 MM plan to fill parts of its strategic petroleum reserve, keeping in mind emerging trends in oil markets.
Innovative approach to accelerating the startup of a gasoline block and associated units at Saudi Aramco’s Jazan refinery complex
This article elaborates on the startup of a refinery’s heavy naphtha reforming unit with an alternative approach to the initial unit design, including an evaluation of several startup techniques to ensure the adequacy and practicality of the selected option.
Two diverted oil tankers enter Red Sea but disruptions continue
Two oil tankers that had diverted away from the Red Sea have turned back and passed through the Bab al-Mandab Strait, ship-tracking data shows, though tensions in the region continued to disrupt global shipping and trade.
West Africa Crude-India's purchases of Nigerian crude jump in December
Data showed that India's imports of Nigerian crude jumped from November to December 2023, as the South Asian country took advantage of Nigeria's large overhang of cargoes.
Thailand orders traders to suspend diesel exports
Thailand has ordered traders to suspend diesel exports while Thai Oil Plc repairs its No. 3 crude distillation unit in Chonburi province.
Shell to exit Nigeria's troubled onshore oil after nearly a century
Shell is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a consortium of five mostly local companies for up to $2.4 B.
Talos Energy to acquire QuarterNorth Energy for $1.29 B
Oil and gas company Talos Energy said it will acquire privately held QuarterNorth Energy in a $1.29 -B cash and stock deal to bolster its presence in Mexico.
Drawn by low prices, Chinese refiners hunt for oil to replenish stocks
Chinese refiners are actively booking crude oil cargoes for delivery in March and April to replenish stocks, locking-in relatively low prices and in anticipation of stronger demand in the second half of 2024.
More oil tankers shun southern Red Sea after U.S.-led strikes in Yemen
At least six more oil tankers were steering clear of the southern Red Sea, as disruptions on the vital route for energy shipping increase in the wake of U.S.-led strikes against Houthi targets in Yemen.
- Ineos to invest £150 MM at Grangemouth site 12/17
- KBR’s methanol technology selected by Fikrat Al-Tadweer for the first biomethanol plant in Saudi Arabia 12/17
- Petrobras strike hits eight refineries on second day 12/17
- Shell seeks buyers for stake in Germany's Schwedt refinery 12/17
- Digital Exclusive: Root cause analysis on hydrochloric acid corrosion in a diesel hydrotreater unit 12/16
- Digital Feature: Enabling growth through strategic cost optimization for petrochemical and refining companies 12/16
