Crude oil
South Korea to start crude oil swap with local refiners
The policy enables refiners to borrow crude oil from the national reserve and return the same volume once crude shipments secured abroad arrive.
Czech government agrees to release 100,000 tonnes of crude from reserves
The Czech government agreed on Monday to release 100,000 tonnes of crude oil from state reserves as a loan to Orlen's Czech refining operations.
Nigeria's giant oil refinery fails to prevent record gasoline prices
The 650,000-bpd refinery, Africa's largest, became fully operational early this year. It was designed to transform Nigeria into a major exporter of refined products after decades of inadequate refinery capacity.
Mexican navy says petroleum tanker, natural seabed likely caused Gulf coast spill
In coordination with Mexico's state energy company Pemex, authorities are deploying marine barriers to prevent the spill from further damaging wildlife and beaches in the affected areas.
Russia's vast Kirishi oil refinery halts operations after drone attacks
The stoppage is set to exacerbate Russia's oil supply challenges as around 40% of its crude oil exporting capacity has already been shut as a result of drone attacks, seizures of tankers and the Druzhba pipeline closure on the territory of Ukraine.
Philippines launches $333-MM fund to boost fuel security
Under the program, the government plans to buy up to 2 MMbbl of fuel to support domestic supply and purchase refined petroleum products and liquefied petroleum gas.
Residents and wildlife along Mexico's coast bear the brunt of Pemex oil spill
The fire was caused by oily water overflowing from inside the refinery onto a nearby road and was quickly ignited as a vehicle passed by, resulting in the deaths of five people.
Vietnam's Nghi Son refinery has crude oil for uninterrupted operations until end of May
The refinery is 35.1% owned by Japan's Idemitsu Kosan Co, 35.1% by Kuwait Petroleum, 25.1% by Vietnam's state oil firm Petrovietnam and 4.7% by Mitsui Chemicals Inc.
Delta Air Lines' refinery bet looks more valuable in jet fuel squeeze
Most carriers buy jet fuel from suppliers. Delta instead bought a refinery that processes crude oil into jet fuel and other products.
Valero prepares restart of Port Arthur, Texas (U.S.) oil refinery after blast
No injuries were reported from the blast, triggered after process fluid was released on unit 243.
- 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
