Refining

Venezuela oil exports rise sharply in January under U.S. control

Venezuelan oil exports rose to some 800,000 bpd in January, from 498,000 bpd in December, after the U.S. capture of Nicolas Maduro and the ending of an oil blockade which has let traders carry most exports, shipping data showed.

Refiner Phillips 66 can process 250,000 bpd of Venezuelan crude

The price for Venezuelan crude does have to be competitive, and Venezuelan crude may displace some other sources of heavy crude including Western Canadian Select.

bp's Whiting refinery union workers reject contract extension

China's CNPC set to restart Dalian refinery to process Russian oil

ExxonMobil, Chevron see glimmer of Venezuela's potential, especially in refining its crude

Nigeria's Dangote refinery expands gas deals with NNPC to secure fuel for expansion programs

Carlyle in talks with potential UAE partners on Lukoil assets

Record January fuel oil exports from Kuwait's al-Zour refinery weigh on Asian market

The surge in supply from Kuwait, a major fuel oil exporter, will boost availability in bunkering hubs such as Singapore and weigh on prices in Asia.

Trinidad and Tobago in talks with Indian Oil to revive refinery

The refinery, located in the south of the country, was closed in 2018 by a previous government that blamed massive losses and debt for its closure.

Valero Energy Q4 profit beats estimates; shares surge