Europe
Premiums for Russian ESPO Blend oil weaken on poor Chinese refining margins
China and India represent the two biggest markets for Moscow, and the price moves are capping its revenues.
Iran, Ukraine wars deliver worst hit in years to oil refining output
Tightened supply has forced refiners, traders and retailers to tap crude and fuel inventories to meet demand.
Italy's Ludoil buys Sicilian refinery as war squeezes Europe's fuel supply
The Iran war has laid bare Europe's dependency on the Middle East for the supply of jet fuel and other refined products.
Ketjen partners with Imubit to introduce real-time catalyst intelligence for refinery operations
The partnership combines Ketjen’s catalyst expertise including proprietary models, laboratory data and technical analysis with Imubit’s closed-loop, real-time digital platform.
Russia revises down oil and gas production and exports forecasts for 2026–2029
Russia has faced challenges to its oil and gas industry, including western sanctions and Ukrainian drone attacks on its energy infrastructure which led to oil output decline in early April.
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Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
