Crude oil
India's Reliance misses profit estimates on weak fuel sales margins
Reliance Industries, India's most valuable company, reported 1Q profit below analysts' estimates on Friday, hurt by lower margins on fuel sales.
Nigeria investigates fuel imports after Dangote Refinery rift with regulator
Nigerian lawmakers have set up a committee to investigate crude shortages to local refineries and the importation of dirty fuels, issues at the heart of a rift between the Dangote Refinery and Nigeria's downstream oil regulator.
Sinochem shuts Shandong refineries 'indefinitely' on poor margins
State-run Sinochem Group has shut in two of its three east China oil refineries for an indefinite period of maintenance, as high crude oil costs and weak fuel demand hurt margins.
Canadian crude exports from U.S. Gulf Coast fall only slightly despite TMX startup
About 150,000 bpd of Canadian crude were exported from the U.S. Gulf Coast in June, slightly lower than average, despite the expansion of the Trans Mountain pipeline (TMX), which pulled some barrels west to Vancouver.
U.S. crude stocks fall, gasoline and distillate inventories rise
U.S. crude stocks fell while gasoline and distillate inventories rose in the week ending July 12.
Slovakia, Hungary say Ukraine has halted Lukoil's Russian oil transit
Slovakia and Hungary said they have stopped receiving oil from key supplier Lukoil after Ukraine imposed a ban last month on the transit of resources from the Russian energy company via its territory.
Rompetrol completes DCU project at Petromidia refinery
Rompetrol has finalized modernizing the delayed coking unit of the Petromidia refinery by implementing a new drilling/cutting system of petroleum coke, as well as the automation of the production flow.
U.S. SAF production forecast to eclipse 50,000 bpd by 2026
Production capacity of sustainable aviation fuel (SAF) in the U.S. could increase from around 2,000 bpd to nearly 30,000 bpd in 2024, increasing to more than 50,000 bpd by 2026, if all projects come online.
Tribunal rejects TC Energy's $15-B claim for Keystone XL
Canada's TC Energy said on Tuesday a free trade arbitration tribunal had tossed out its claim to recover more than $15 B from the U.S. government for the cancellation of its Keystone XL project.
U.S. imports of Canadian crude hits record high following TMX startup
U.S. imports of crude oil from Canada rose last week to their highest on record, data from the Energy Information Administration (EIA) showed on Wednesday, buoyed by the startup of the newly expanded Trans Mountain (TMX) pipeline.
- LanzaJet expands partnership with Microsoft to strengthen the company’s global growth 6/13
- Phelan Green Group's $2.6-B eMethanol project remains on schedule 6/13
- Algeria launches $7-B investment plan to expand hydrocarbon processing 6/13
- AFPM/API: President Trump officially overturns California (U.S.) gas car ban 6/12
- Decision on oil refiner Italiana Petroli's sale expected around end-June 6/12
- EIA: U.S. crude stocks fall, gasoline and distillate inventories rise as refining activity increases 6/12
