Refining
MOL's Slovak refinery starting planned turnaround in April
PRAGUE (Reuters) -- Slovak oil refiner Slovnaft, part of the Hungarian oil and gas group MOL, will shut down some production starting over the Easter holiday in April for a general turnaround lasting until June, it said.
US crude inventories rise unexpectedly, product stocks dip
(Reuters) -- US crude stocks unexpectedly rose last week to a fresh record high, while gasoline and distillate inventories fell less than expected, the Energy Information Administration said on Wednesday, interrupting a recent string of bullish news for the oil market.
Traders cancel light cycle oil cargoes ahead of China tax
SINGAPORE/BEIJING (Reuters) -- Traders in North Asia are rushing to cancel loadings of a range of oil products for sale to China, ahead of a planned Chinese consumption tax that will make the trade uneconomic.
Traders clear Europe's tanks by shipping more gasoline to US
LONDON (Reuters) -- Traders are shipping more gasoline from Europe to the US East Coast ahead of the summer driving season as a steady reduction in inventories there props up prices.
China plans to impose taxes on oil by-products
SINGAPORE/BEIJING (Reuters) -- China plans to impose consumption taxes on oil by-products such as mixed aromatics, light cycle oil and bitumen blend, tightening regulations on a fuel import market worth millions of dollars.
ExxonMobil in talks to buy Singapore's Jurong Aromatics
SINGAPORE (Reuters) -- ExxonMobil said on Wednesday it is in talks to buy a refining-petrochemical complex in Singapore that could boost its fuel and chemical production in Asia.
China grants two independent plants import quotas totaling 4.08 MMt of crude
BEIJING (Reuters) -- China has granted two independent refiners crude oil import quotas for a total annual volume of 4.08 MMt, the National Development and Reform Commission (NDRC) said in two separate statements on Wednesday.
Pemex eyeing tie-ups for hydrogen plants at refineries
MEXICO CITY (Reuters) -- Mexico's state oil company Pemex is planning to form alliances around hydrogen plants at its refineries, Pemex chief Jose Antonio Gonzalez Anaya said on Tuesday.
Iran "not concerned" by Indian threat to cut oil imports
LONDON (Reuters) -- Iran's oil minister dismissed India's decision to cut oil imports from Tehran in 2017/18 by a fifth as a threat on Wednesday, in an escalation of a dispute over a giant gas field contract.
ExxonMobil completes heavy lift of hydrocracker tower at Rotterdam refinery
ROTTERDAM -- ExxonMobil successfully completed the heavy lift of its vacuum fractionation tower for the hydrocracker at its Rotterdam refinery this April.
- Indonesia allocates 15.65 MM kiloliters of biodiesel for 2026 12/23
- Egypt, Qatar's Al Mana Holding sign $200-MM SAF deal 12/23
- China's teapots boost Russian ESPO buying amid record discounts 12/23
- Bahrain's BAPCO sends first diesel cargo to Australia in 2.5 yrs 12/23
- Asia oil floating storage seen declining on lower exports, China buying 12/23
- Gazprom in talks with Hungary's MOL over NIS stake sale 12/23
