Refining
U.S. oil refiners beat Wall Street bets, expect demand to grow in 2024
Major U.S. fuel makers beat Wall Street's earnings expectations in the fourth quarter on strong refining margins and operating performance, and they predicted profits would rise again this year thanks to global demand growth.
Shell resumes oil supply to Nigeria's state refinery ahead of restart
Shell Plc's Nigeria unit said it has resumed supply of crude oil from its Bonny export terminal to the state-owned refinery in Port Harcourt which is expected to start operations in the first quarter of this year.
Ukrainian drones attack two oil refineries in southern Russia
Ukrainian drones attacked two oil refineries in southern Russia's Krasnodar region, causing a large fire at the Ilsky refinery during operations conducted by the SBU security service.
Czechs close to buying Shell stake in MiRO refinery
Czech oil pipeline operator MERO is in the final stages of talks to buy Shell Deutschland's 32.5% stake in the Mineraloelraffinerie Oberrhein refinery in Karlsruhe.
Japan's Cosmo expects around 90% refinery run rate in 2024-25
Japanese oil company Cosmo Energy Holdings expects its refinery run rate to hover around 90% in the business year starting in April as it plans maintenance shutdowns at its Chiba and Yokkaichi sites.
Venezuela to begin 20-day maintenance at smallest refinery
Venezuela has received all the parts it needs to begin a maintenance program at the 146,000-bpd El Palito refinery, with work expected to take about 20 days.
Russia's Tuapse oil refinery will not resume operations this month
Rosneft-owned Tuapse oil refinery on the Black Sea will not resume operations this month, at the very least.
Oman's Duqm refinery units currently working at 100% capacity
Oman's Duqm refinery units are currently working at 100% capacity of 230,000 bpd.
Ukraine hits Russia's Volgograd oil refinery in latest drone attack
Two Ukrainian attack drones struck the largest oil refinery in southern Russia in the latest in a series of long-range attacks on Russian oil facilities.
U.S. Energy Department selects Delek's refinery for pilot carbon capture project
Delek US Holdings said the U.S. Department of Energy has selected its Big Spring refinery for a pilot carbon capture project and would provide up to $95 MM of federal funding to support its development.
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- Iranian Oil Refining Co. confirms attack on Lavan refinery 4/8
