Refining
Novatek to reduce naphtha exports due to fire at Ust-Luga complex
Debris from a destroyed Ukrainian drone caused a fire at Novatek's Ust-Luga terminal early on August 24.
China's Sinochem to sell two bankrupt refineries to local operators
The acquisitions, which come during a consolidation of the world's largest refining base, would see the new owners step up crude imports and resume operations at the troubled plants, lifting oil purchases at the world's top importer.
Iraq raises refining capacity to 1.3 MMbpd
The move should bring Iraq closer to achieving "self-sufficiency of petroleum products", and reduce the burden of importing petroleum derivatives.
CNOOC completes construction on $2.9-B, 1.8-MMtpy integrated complex in east China
China National Offshore Oil Corp has completed building a $2.9-B, 1.8-MMtpy integrated refining and petrochemical complex in eastern China
bp's Whiting refinery (U.S.) continues to flare days after severe thunderstorm
bp's 440,000-bpd refinery in Whiting, Indiana, continued to flare after flooding disrupted its operations earlier this week, the company said.
U.S. to rule on biofuel waivers, but big oil refiners may need to wait
President Donald Trump's administration is expected to rule on a growing backlog of requests from small oil refiners seeking relief from U.S. biofuel laws as early as Friday, but will delay a decision on whether larger refiners must compensate by boosting their own biofuel blending
Chinese independent refiner Hongrun buys Canadian, Brazilian crude
Chinese independent refiner Hongrun Petrochemical has bought crude from Canada and Brazil for its Changyi refinery that recently secured an import quota.
Ukrainian attack suspends Russian oil flows to Hungary, Slovakia
Russia and Ukraine have stepped up attacks on each other's energy infrastructure, hitting Ukrainian domestic heating supplies, Russia's Druzhba pipeline and other facilities over the past few weeks.
thyssenkrupp Uhde completes pre-FEED for HAMR Energy’s renewable fuels project in Australia
The project, located in Victoria, Australia, will use biomass residues and renewable electricity to produce green methanol that can be used as a low carbon liquid fuel to power shipping and aviation.
Europe distillates-diesel profit margins firm
Gasoil stocks, which include diesel, held independently in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by over 9% to their highest since mid-June.
- 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
