Crude oil
Oil India aims to operate Numaligarh refinery at 180,000-bpd capacity by 2027
State-run explorer Oil India Ltd. hopes to operate its refinery in the northeastern state of Assam at an expanded capacity of 180,000 bpd in the fiscal year to March 2027.
China's refinery output falls for a fifth month as fuel demand disappoints
China's oil refinery output in August fell 6.2% from a year earlier, declining for the fifth month as disappointing fuel demand and weak export margins curbed production.
Russia's idle oil refining capacity in September seen up 34% vs August
Russia's offline primary oil refining capacity in September is set to jump 34% from August due to technical outages, Ukrainian drone attacks and seasonal maintenance. Offline capacity is seen at 3.87 MMt this month, or 14.5% of Russia's total oil refining capabilities. That is up from 2.95 MMt in August.
Moscow Oil Refinery resumes operations at drone-hit unit
Gazprom Neft-owned Moscow Oil Refinery on Tuesday resumed operations at crude distillation Unit-6 (CDU-6), which was suspended following a drone attack on Sept. 1.
U.S. EIA lifts oil demand forecast, says prices will recover to above $80/bbl
Global oil demand is set to grow to a bigger record this year while output growth will be smaller than prior forecasts.
Comment: What challenges lie ahead for Nigeria's Dangote oil refinery?
Nigeria's state oil firm NNPC Ltd. announced last weekend that it would not be the exclusive buyer of gasoline produced by the $20-B Dangote oil refinery, contradicting a statement made by the refinery last week.
Hungary's MOL reaches deals for oil transport via Druzhba pipeline
Hungary's MOL said it has reached deals with suppliers and pipeline operators for the continuous transportation of crude oil through Belarus and Ukraine via the Druzhba pipeline.
Russia's September western port oil loadings to rise 1.5% m/m despite seasonal refinery maintenance
Russia will increase oil exports via its western ports to 1.98 MMbpd in September, up by just 30,000 bpd from August, despite the expected start of seasonal maintenance on Russian refineries.
Transition to cleaner fuels seen dragging on China's oil demand growth
China's shift towards lower-carbon fuels and a sluggish economy are dampening oil demand growth in the world's largest crude importer.
Trans Mountain oil pipeline expansion pushes rivals to cut rates, for now
Pipelines that historically carry Canadian crude to the U.S. are cutting rates and looking to ship different grades of crude oil due to rising competition from the newly expanded Trans Mountain pipeline.
- KazMunayGas and Uzbekneftegaz partner to build 50,000-tpy linear alkylbenzene plant 11/17
- Chevron joins race to explore potential purchase of Lukoil assets, including refineries 11/17
- Abra Group and Sumitomo sign MoU to advance affordable SAF in Brazil 11/17
- Sonatrach signs contract for unit with Sinopec subsidiary to boost gasoline production capacity 11/17
- Verso Energy awards FEED contract to Rely for the DEZiR eSAF project 11/17
- Iran confirms seizure of tanker with petrochemical cargo headed for Singapore 11/17
