Crude oil
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.
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
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.
Ketjen introduces new breakthrough catalyst that mitigates the effects of iron poisoning in FCCUs
Ketjen Corporation has launched SaFeGuard™, a new catalyst technology designed to address iron poisoning in FCC units.
Sanctions-hit Indian refiner Nayara turns to ‘dark fleet’
Nayara, which controls about 8% of India's 5.2-MMbpd refining capacity, has been struggling to transport fuel since being placed under EU sanctions in July.
EIA: Crude and gasoline inventories fall, distillates rise
Crude inventories fell by 6 MMbbl to 420.7 MMbbl last week, the U.S. Energy Information Administration (EIA) said, compared with analysts' expectations in a poll for a 1.8-MMbbl draw.
TotalEnergies Texas (U.S.) refinery begins small crude unit overhaul
TotalEnergies began a planned 60-day overhaul on the small crude distillation unit (CDU), along with a reformer and hydrotreaters at its 238,000-bpd Port Arthur, Texas refinery.
Chinese refiners sweep up Russian oil after Indian demand falls
Chinese refineries have purchased 15 cargoes of Russian oil for October and November delivery as Indian demand for Moscow's exports falls away, two analysts and one trader said.
- Asian gasoline margin spikes to highest since August 2023 11/14
- Lukoil-Moldova grants free use of airport fuel terminal to government amid U.S. sanctions 11/14
- Croatia rejects Russian vacuum gasoil cargo after U.S. sanctions 11/14
- Bulgaria wins UK sanctions reprieve on refinery, petrol stations 11/14
- China's Sinochem shuts one crude unit at Quanzhou after fire 11/14
- Enbridge approves $1.4-B project to boost Canadian oil flows to U.S. refiners 11/14
