Refining
Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction
Brazilian state-run oil firm Petrobras has delivered liquefied petroleum gas auctioned off at high prices, even after President Luiz Inacio Lula da Silva said the government would annul it to protect consumers from fuel spikes.
Vietnam refinery boosting jet fuel production
Vietnamese aviation authorities said last week the country's airlines were planning to cut their operations due to fuel shortage.
Morocco has diesel stocks for 51 days, energy ministry says
The unprecedented energy supply disruption that has resulted from war in the Middle East and led to a record monthly gain in international crude prices in March is particularly painful for Morocco, which has no domestic refining capacity.
Nigeria's Seplat Energy hit by strike amid push for higher output
The action by members of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), a union of professional oil staff, follows a breakdown in talks over a 2026 collective bargaining agreement and staff welfare issues.
Ukrainian drone attack shuts crucial unit at Russia's Novo-Ufimsk oil refinery
The CDU-5 distillation unit, which the sources say caught fire, accounts for around 28% of the Novo-Ufimsk refinery's total capacity.
- Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy 5/18
- OXEA and Air Liquide renew syngas and hydrogen supply agreement for Oberhausen site 5/18
- U.S. oil refiners finally profit from biofuels due to mandates, high fuel prices 5/18
- China's April oil throughput hits lowest since August 2022, inventories rise 5/18
- Vietnam receives first cargo of Congo Djeno crude for Nghi Son refinery 5/18
- Mexico's Pemex says brief fire at Olmeca refinery controlled, operations normal 5/18
