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Naphtha

Russia may cut naphtha exports by third after fires

Russia will likely cut exports of naphtha by some 127,500 - 136,000 bpd, or around a third of its total exports, after fires disrupted operations at refineries on the Baltic and Black Seas.

Russia's Ust-Luga port continues crude, fuel exports while Novatek terminal shut

The Baltic Sea port of Ust-Luga was exporting crude oil and fuel apart from at Novatek's terminal which remained closed after being damaged by fire.

Operations at damaged Russian fuel complex seen resuming within weeks

Russian energy company Novatek is likely to resume large-scale operations at its Ust-Luga processing complex and Baltic Sea terminal within weeks, following a suspected drone attack seen disrupting naphtha flows to Asia

Naphtha markets brace for margin squeeze amid supply glut in 2024

Global naphtha markets will likely suffer from lower profit margins in 2024 as refining and petrochemical capacity expansions in China and the Middle East outpace plastics demand growth globally.

Coolbrook cracks naphtha, advancing zero-carbon steam cracking at its pilot plant

Coolbrook has successfully demonstrated electric steam cracking of naphtha in its large-scale pilot plant in Brightlands Chemelot Campus, the Netherlands

Kuwait's KIPIC has sufficient stocks despite al-Zour shutdown

Kuwait Integrated Petroleum Industries Company has sufficient stocks of diesel, naphtha, kerosene and fuel oil to meet obligations to local and foreign customers despite an almost complete shutdown of the al-Zour refinery.

Russia surpasses UAE as India's top naphtha supplier amid discounts

Russia has overtaken the UAE to become India's top naphtha supplier, data shows, as New Delhi takes advantage of discounted Russian oil products and the re-routing of trade flows in the aftermath of Moscow's Ukraine invasion.

Indonesia's Pertamina aims to finish revamping TPPI petrochemical plant in Q4

Indonesia's Kilang Pertamina Internasional, the refinery unit of state energy firm Pertamina, aims to finish revamping its petrochemical plant Trans-Pacific Petrochemical Indotama in the fourth quarter of this year.

Most Russian fuel exports now pricing above G7-imposed price cap

Most Russian fuel exports from the Baltic and Black Sea regions are now pricing above a price cap set in February by a G7-led coalition designed to limit Moscow's revenues in the aftermath of its invasion of Ukraine.

Exxon Baytown, Texas, refinery resumes normal operations

ExxonMobil's 564,440 bpd Baytown, Texas, refinery resumed normal operations, company spokesperson Lauren Kight said, following a malfunction on a unit that triggered the plant's safety flare.