Refining
Nigeria's Dangote owes $2.7 B for refinery construction
Nigerian billionaire Aliko Dangote says his petroleum refinery on the outskirts of Lagos owes $2.7 B in loans taken out to help build the 650,000-bpd plant.
Russia's June idle oil refining capacity raised by 114%
Russia's primary offline oil refining capacity has been raised by 114% from the previous plan to 4.1 million metric tons for June mainly to due to last-month stoppages at the Tuapse and Komsomoslk plants.
U.S. court to allow Citgo share-auction bidders to raise offers
A U.S. court overseeing the auction of shares in Venezuela-owned Citgo Petroleum's parent has told bidders seeking to acquire the seventh-largest U.S. oil refiner they may raise their offers after Tuesday's filing deadline.
Saudi crude oil exports to China to fall for 3rd straight month in July
Saudi crude oil exports to China will fall in July for a 3rd straight month to about 36 MMbbl amid plant maintenance and as some refiners opted for other sources of cheaper oil.
India eyes oil deals with nations (including Russia), plans new refinery
Indian Oil Minister Hardeep Singh Puri has announced that state-run Bharat Petroleum Corp. plans to build a new refinery and the nation is looking at signing more oil import deals with countries (including Russia) at discounted rates.
Crude quality issues on TMX pipe may hamper flows from Canada to U.S. West Coast refiners
U.S. oil refiners and West Coast traders are flagging concerns about the quality of crude shipped on the newly completed Trans Mountain pipeline expansion (TMX), warning that high vapor pressure and acidity limits could deter purchases of Canadian heavy barrels.
Singapore to receive its first fuel oil cargo exported from Nigeria's Dangote refinery
Singapore, Asia's oil hub, will be receiving this week its first low-sulfur straight-run (LSSR) fuel oil cargo exported from Nigeria's new Dangote refinery.
Toxic gas in Louisiana (U.S.) air far exceeds safe EPA levels
The toxic gas ethylene oxide (EtO) is detectable in southeastern Louisiana at levels a thousand times higher than what is considered safe.
bp and Worley announce global strategic alliance across site projects
bp and Worley have formed a new strategic alliance focused on enhancing efficiency, continuous improvement and value creation across bp's global site projects organization.
Glencore to supply crude to UK's Lindsey oil refinery
Global commodities trader Glencore has won a tender to supply crude oil to Prax's 113,000-bpd Lindsey oil refinery in Britain, replacing rival trader Trafigura.
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
