Crude oil
French refinery strikes are timed to hit hard
Strike action and unplanned maintenance has taken offline more than 60% of France's refining capacity - or 740,000 bpd - forcing the country to import more when global supply uncertainty has increased the cost.
AFPM, API joint statement on White House, DOE meeting with U.S. refiners
The American Fuel & Petrochemical Manufacturers (AFPM) and American Petroleum Institute released the following statement after a meeting with leaders of the top U.S. refining companies.
China may extend refined fuel export quota into next year
China may tweak a proposed sharp increase in refined fuel export quotas for this year by extending the plan into next year, as it weighs the benefits to the economy of higher exports against low domestic stocks and operational challenges.
bp layoffs at Ohio refinery after fire indicate prolonged shutdown
bp laid off most contractors at the approximately 160,000 barrel-per-day Toledo, Ohio, refinery it owns with Cenovus Energy Inc, indicating that the plant will experience a prolonged shutdown following last week's explosion and fire.
Strikes knock already struggling French refined products sector
More than 60% of France's refining capacity is offline as strikes over pay and unplanned maintenance pile pressure on the refined products sector.
IRPC 2022: Combining incremental crude processing and enhanced residue upgradation at low cost
Session three of IRPC focused on sustainability. To open the session, Arun Arora and Malini Warrer from Chevron Lummus Global and Vinod Ramaseshan from Saudi Aramco delivered a presentation titled, “Heavy Oil Processing Initiative Combining Incremental Crude Processing and Enhanced Residue Upgradation at Low Cost and Energy.”
TotalEnergies Feyzin refinery shut to at least mid-October
TotalEnergies' 119,000 bpd Feyzin oil refinery in southern France is likely to remain offline until mid-October at the earliest, a CGT union delegate said on Monday.
India's BPCL signs MoU with Petrobras to diversify oil sourcing
India's state-run Bharat Petroleum Corp said it had signed a preliminary agreement with Brazil's national oil company Petrobras to help it diversify its crude oil sourcing.
The downstream rundown: In case you missed it 09/23
In case you missed any downstream news, here are the top stories from last week.
Galp's Sines refinery to shut down for 25 days in October
Portugal's 220,000 barrels per day Sines refinery, owned by Galp Energia, will shut down for 25 days starting on a yet unspecified date in October for planned maintenance.
- TotalEnergies extends its fuel price cap policy in France until the end of April 4/7
- Navigating the montan wax challenge with renewable alternatives for polymers 4/7
- AFR selects Axens as technology provider for Texas (U.S.) refinery 4/7
- Iran has attacked Saudi Arabia's Jubail petrochemical complex, IRGC says 4/7
- Iran's Marvdasht Petrochemical complex attacked by US and Israel 4/7
- Fluor awarded engineering and design contract for America First Refining's refinery in South Texas 4/7
