Crude oil
Analysis: U.S. refiners unlikely to spend big to process more domestic oil
U.S. refiners are not planning to make big-ticket investments to process more domestic crude and less oil from top suppliers Canada and Mexico, industry sources and analysts said, an obstacle to President Trump's plan to boost oil output.
Keystone oil pipeline shut after spill in North Dakota (U.S.)
The Keystone oil pipeline from Canada to the United States was shut on Tuesday after an oil spill near Fort Ransom, North Dakota, its operator South Bow and the state's Department of Environmental Quality said.
bp halts plans to make clean jet fuel at Spain plant
bp has decided to halt plans to produce clean jet fuel at its Castellon oil refinery in Spain. The decision to pause the biofuel investment was driven by weaker-than-anticipated growth in the market.
U.S. refiners' shares hit near 2-yr lows as Trump tariffs spur fuel demand fears
Shares of U.S. refiners fell to near 2-yr lows on Friday in the wake of U.S. President Trump's announcement of new tariffs, as fears of slower fuel demand and weakening refining margins rattled investors.
Update: India's fuel demand hits 10-month high in March
India's fuel demand in March hit a 10-month high, rising 9.3% from the previous month to 20.91 MM tonnes (t).
Oil and gas investor Afreximbank earmarks $3 B to support locally-refined products
The African Export–Import Bank (Afreximbank), a key investor in oil and gas projects, has earmarked $3 B to finance the purchase of refined products within Africa as part of broader plans to boost refining capacity.
Reliance: India's gasoline demand to peak by 2035, diesel by 2041
India's gasoline demand is expected to peak by 2035, and gasoil (diesel) consumption by 2041 or beyond as motorists shift to cleaner fuels, an executive at Reliance Industries said.
Lummus completes successful startup of electric heater demonstration unit
Lummus Technology announced the successful startup of its SRT-e™ commercial demonstration unit. The milestone validates the heating system components and controls at a commercial scale.
Ergon to invest $400 MM to expand gasoline production at Vicksburg refinery (U.S.)
Ergon Refining Inc. has announced plans to invest $400 MM to expand processing capabilities at our Vicksburg, Mississippi, refinery to include gasoline production, which is expected to come online during the first quarter of 2027.
DB Schenker to use Neste's renewable diesel to decarbonize logistics in Asia
Neste and DB Schenker, one of the world’s leading logistics service providers, have collaborated to work towards expanding DB Schenker’s adoption of Neste MY Renewable Diesel in Asia-Pacific. This partnership underscores the shared commitment of both companies to progress towards lower-emission logistics.
- Envision Energy powers world's first green marine ammonia bunkering 7/25
- New catalyst breakthrough could make clean ammonia easier to produce 7/25
- U.S. Gulf refiners seek Middle East, S. American oil to offset Venezuela, Mexico losses 7/25
- CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions 7/25
- PetroChina makes FID for new northeast refinery complex 7/25
- Valero Energy beats Q2 profit estimates as refining margins improve 7/24
