Crude oil
Mexico's Pemex plans to export less crude oil as new refinery starts up
The trading arm of Mexico's state company Pemex, PMI, is anticipating a reduction in crude oil exports this year as more will be sent to local refineries, especially the new Olmeca refinery.
Ionikylation unit at PetroChina's Dagang refinery reaches 1,000 days of continuous operation
PetroChina Dagang Petrochemical Company has reached the milestone of 1,000 continuous days of operation for its 150,000-tpy Ionikylation unit.
Traders rebrand Venezuelan oil for China as Brazilian
Traders have rebranded more than $1 B of Venezuelan oil shipments to China as Brazilian crude over the past year, according to two tanker tracking firms, helping buyers to cut logistics costs and circumvent U.S. sanctions.
Japan's Eneos to ramp up investment in LNG, SAF while slowing hydrogen
Japan's top oil refiner, Eneos Holdings, plans to increase investment in low-carbon energy such as liquefied natural gas (LNG) and sustainable aviation fuel (SAF), while slowing efforts in cleaner alternatives like hydrogen.
ReCarbon, Emerging Fuels Technology sign collaboration agreement to produce sustainable aviation fuels
ReCarbon Inc. and Emerging Fuels Technology (EFT) announced the signing of a five-year TCA to develop, test and integrate their respective technologies for the production of SAF.
Indonesia eyes cut in fuel imports from Singapore in favor of U.S. as part of tariffs negotiations
Indonesia plans to change the source of some of its fuel imports from Singapore to the United States as part of negotiations over steep tariffs.
Vietnam's Binh Son refinery signs deal with SOCAR Trading for crude oil supplies
Vietnam's Binh Son Refining and Petrochemical said it had signed an agreement with Azerbaijan's SOCAR Trading for long-term crude oil supplies.
Mexico's Pemex reports leaks in oil pipeline to Dos Bocas terminal
Mexico's state energy firm Pemex said that it had addressed two leaks in a pipeline that transports oil from its Akal-C platform to the Dos Bocas Maritime Terminal in the southern state of Tabasco.
New Mediterranean IMO fuel rule helps bring more Doba crude to Europe
Dutch and German oil refineries have snapped up all four cargoes of Chadian Doba crude in April to profit from soaring demand for cleaner marine fuel in Europe from shipping companies including Maersk. Heavy, sweet Doba grade is particularly suitable for making ultra-low sulfur fuel oil (ULSFO) with a maximum sulfur content of 0.1%.
U.S. imposes Iran-related sanctions on third China 'teapot' refinery, ports
U.S. President Donald Trump's administration imposed sanctions on a third Chinese independent - or "teapot" - oil refinery, and port terminal operators in China for purchases of Iranian oil.
- Transitional Industries and CFEnergia sign feedstock supply contract for $3.3-B Pacifico Mexinol project 2/17
- Neste and World Fuel Services extend partnership, expanding SAF availability at more than 100 airports in Europe 2/17
- U.S. refined product exports by tanker increase to > 6.3 MMbpd in January 2/17
- Japan's oil and gas independence climbs to highest since 2009 2/17
- Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion 2/17
- Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure 2/17
