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Refining

Tankers gather off PDVSA ports amid delays exporting fuel oil

HOUSTON (Reuters) — An accumulation of tankers waiting to load around Venezuelan ports has grown in recent days as state-run oil company PDVSA struggles to deliver fuel oil for exports, according to traders and Reuters vessel tracking data.

Indonesia's Pertamina expects to import up to 250 Mbpd of crude oil in 2018

JAKARTA (Reuters) — Indonesia's Pertamina expects to import up to 250 Mbpd of crude oil in 2018, the head of the state-owned company's procurement unit said on Tuesday.

Fluor awarded contract for Vopak fuel storage terminal

IRVING, Texas and WOODMEAD, South Africa — Fluor Corporation announced that it was awarded an engineering, procurement and construction management contract by Vopak Terminal Durban (Pty) Ltd. to deliver the Vopak Growth 4 Project in Durban, South Africa.

India gov't favors petcoke import ban, US would be biggest loser

NEW DELHI (Reuters) — India’s government is in favor of banning imports of petroleum coke to curb air pollution, according to a government affidavit filed with its top court, which could be a big blow to US refiners who export heavily to the country.

Vietnam fuel distributors to shift to ethanol blend this week

HANOI (Reuters) — Vietnam's biggest fuel distributors said they would complete a shift to an ethanol-blended product by Friday as part of a government program to promote a more eco-friendly fuel.

Fuel shippers seek US review of 'excessive' Colonial Pipeline rates

NEW YORK (Reuters) — Oil major Chevron, leading refiner Valero and Delta Air Lines have complained to the US energy watchdog about fees Colonial Pipeline charges to ship gasoline, diesel and jet fuel over its fuel network, the country's largest.

Shell says fire extinguished at Singapore refinery-petchem plant

SINGAPORE (Reuters) — Royal Dutch Shell said a fire at its Singapore refinery-petrochemical site was extinguished on Sunday and no one was hurt in the incident.

Saudi Arabia to supply full Jan crude volumes to several Asian buyers

TOKYO/SINGAPORE (Reuters) — Saudi Arabia, the world's top oil exporter, will supply full contractual volumes of crude to five North Asian refiners in January, unchanged from the previous month, five sources with direct knowledge of the matter said on Monday.

Iraq boosts output capacity at Kirkuk oil refinery

BAGHDAD (Reuters) — Iraq's Oil Ministry has added a new processing unit to the Kirkuk oil refinery, increasing the plant’s capacity to 56,000 bpd, the ministry said in a statement on Monday.

Trafigura buys downstream oil assets in Argentina

LONDON (Reuters) — Commodities trader Trafigura said it has agreed to buy an oil refinery, more than 250 service stations, a lubricants plant and fuel storage terminal in Argentina from Pampa Energia SA.