Refining
Report: 80% of Petrochemical Process Engineers Concerned Power Equipment Could Affect Refinery Operations
New reports exploring the European petrochemicals industry has discovered over 80% of its process engineering professionals are concerned their current power equipment could affect refinery operations.
U.S. crude stocks post surprise drop as refiners ramp up processing
Crude inventories fell by 1.5 MM barrels to 447 MM barrels last week, the EIA said, compared with analysts' expectations in a poll for a 1.3 MM-barrel rise.
Ukraine knocks out Russian refinery in major attack
Ukraine pounded targets in Russia with dozens of drones and rockets in an attack that inflicted serious damage on a major oil refinery and sought to pierce the land borders of the world's biggest nuclear power with armed proxies.
Fire at Exxon Mobil French refinery under control, authorities say
A fire at Exxon Mobil's Port Jerome-Gravenchon refinery in northern France, which broke out earlier, has been brought under control, local authorities said.
Work at Lukoil's refinery in Russia's Nizhny Novgorod temporarily suspended
Work at the refinery of Russia's Lukoil in Nizhny Novgoorod was temporarily suspended due to an "incident," Russia's RIA state news agency reported, citing the oil company.
Refined fuels and oil prices: long positions decline as distillate sales stall price rally
Benchmark oil prices plateau as investors finish repurchasing bearish short positions, impacting refined fuels and U.S. natural gas with declining sales and a short covering rally, respectively.
Nigeria announces reforms to lure oil and gas investment
Nigeria will offer tax credits and streamline contracting processes for new oil and gas projects, the Information Minister said, in a move by Africa's top energy producer to attract much-needed investment.
At least two injured in Iran's Aftab refinery incident, no deaths, state media says
At least two people were injured in an incident during a maintenance operation at the Aftab oil refinery in Iran's Bandar Abbas, Iranian state media outlets reported, citing the operating company
Montfort in talks with Sinopec for UAE fuel oil facility sale
Geneva-based trading house Montfort Group is in discussion to sell part or all of its refining facility in the UAE to the fuel oil arm of Chinese state giant Sinopec Corp.
Nigeria's Dangote wants to set up trading arm for Lagos mega refinery
Africa's richest man Aliko Dangote is planning to set up an oil trading arm, likely based in London, to help run crude and products supply for his new refinery in Nigeria.
- 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
