Crude oil
Libya's NOC denies it is in talks to supply crude oil to Nigeria refinery
Libya's National Oil Corporation (NOC) has denied holding negotiations to supply crude oil to a refinery in Nigeria.
Nigeria's Dangote refinery said to be reselling crude
Nigeria's major Dangote oil refinery is reselling cargoes of U.S. and Nigerian crude, four trade sources familiar with the matter said on Friday.
Mexico seeks more 2025 fuel import deals after refinery delays
Mexico is seeking to import more motor fuel for next year than it had previously planned, to compensate for delays in the startup of its new Olmeca refinery.
India's Reliance gets U.S. nod to import oil from Venezuela
India's Reliance Industries has received approval from the U.S. to resume importing oil from Venezuela despite Washington's sanctions.
Canada's Trans Mountain Pipeline weighs debt deal ahead of potential sale
Oil pipeline operator Trans Mountain plans to borrow in the bond market to refinance some of its outstanding debt before the Canadian government eventually sells it.
Oil drops as investors look past Biden exit, focus on weak fundamentals
Oil prices fell for a second consecutive session on Monday to their lowest level in over a month, as investors looked past U.S. President Joe Biden's decision to end his reelection bid and focused on rising stockpiles and signs of weak demand.
Mexico's Pemex to cut fuel imports to 20,000 bpd by early next year
Mexican state-owned oil company Pemex will reduce its fuel imports in September to some 52,000 bpd and to 20,000 bpd in the first quarter of 2025 as it ramps up production of its own refined products.
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.
- Indian state refiners pause Russian oil purchases 7/31
- PBF Energy partially restarts Martinez (U.S.) refinery, posts smaller-than-expected quarterly loss 7/31
- Key Asian fuel exporters boost jet fuel sales to Europe in July 7/31
- Vopak to expand biofuels storage capacity in Malaysia terminal JV 7/31
- China's Shandong Yulong Petrochemicals to invest > $16 B to incorporate petrochemicals production at Yantai refinery 7/30
- Supertanker delivers oil to sanctioned Nayara Energy's Vadinar refinery 7/30
