Crude oil
India cuts windfall tax on petroleum crude
India has cut the windfall tax on petroleum crude to ₹4,100 per ton from ₹6,400 per ton.
From crude oil to light olefins: Development and industrial application of the next-generation catalyst for catalytic pyrolysis process
Light olefins, particularly ethylene and propylene, are the most crucial building blocks for the petrochemical industry.
US April oil exports top forecasts on Chinese demand
US crude oil exports rose more-than-expected last month, building on a record 4.5 million bpd in March, as Chinese refiners snapped up cargoes to meet rising fuel demand.
Australia's Ampol first-quarter refining margins jump on solid fuel sales
Australia's Ampol Ltd on Thursday reported a 40.7% expansion in refining margins at its Lytton refinery in Queensland, powered by higher prices for refined products such as petrol and diesel with continued strong performance across all segments.
Oil group MOL disputes hikes to pipeline fees through Ukraine, Croatia
Hungarian oil group MOL expects to be able to choose between Russian or non-Russian crude for its refineries by 2026 by implementing substantial investments.
Crude prices up 2% on rising U.S. oil demand and lower output
Oil prices gained about 2% after U.S. data showed crude output was declining while fuel demand was growing.
Finland's Neste misses first-quarter earnings estimates, warns of market volatility
Finland's Neste on Friday posted weaker than expected first-quarter operating earnings and said forecasting both biofuels and oil sales margins will continue to be difficult owing to market volatility.
Global refinery margins lose steam as Russian oil finds new outlets
Global diesel margins have slumped by about half since February, dragging on refiners' profits, as Russian exports continue despite sanctions, helping output from China and India reach all-time highs in March.
Japan receives first low-carbon ammonia cargo from Saudi Arabia
Japan received its first low-carbon ammonia cargo from Saudi Arabia on Friday which it plans to use for co-firing with fossil fuels to reduce carbon emissions.
TotalEnergies' crude unit shut at Texas refinery
A crude distillation unit, a coker and the alkylation unit are shut at TotalEnergies' 238,000 barrel-per-day Port Arthur, Texas, refinery.
- Vioneo awards Lummus polypropylene contract for world's first industrial scale fossil-free plastics from green methanol facility 8/19
- Research: Developing an energy-saving, carbon-capturing method for making ethylene glycol 8/19
- Emerson announced the release of its new Rosemount 3144S temperature transmitter 8/19
- Chinese refiners sweep up Russian oil after Indian demand falls 8/19
- Indonesia plans quick-to-build oil refineries for U.S. crude 8/19
- Russia's ultra low-sulfur diesel exports from Primorsk scheduled to rise in August 8/19
