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Refining

Trump administration (U.S.) axes $3.7-B in green energy projects

The U.S. has axed awards to 24 green energy projects issued during U.S. President Joe Biden's administration that totaled more than $3.7 billion, the Energy Department said. These include projects from ExxonMobil, Heidelberg Materials and Eastman Chemical

Nigeria's Dangote oil refinery extends WTI buying spree into July

Nigeria's Dangote oil refinery will import at least 5 MMbbl of U.S. WTI crude oil in July, three trading sources said, extending its buying spree after a potential record tally for June.

Petroecuador declares emergency at Ecuador's biggest refinery after fire damages

Ecuador's state oil producer Petroecuador declared a 60-day emergency at the South American nation's largest oil refinery, its second emergency in one month, after a fire this week caused damage to some fuel tanks.

U.S. administration considers plan to clear record backlog of small refinery biofuel waivers

The White House (U.S.) is weighing a plan to clear a record backlog of requests from small refineries for exemptions from U.S. biofuel laws, which could include approving many current applications and requesting industry input to deal with older ones.

Lotte Chemical Titan signs contract to buy naphtha from Aramco Trading Singapore

Malaysia's Lotte Chemical Titan has signed a three-year contract to buy naphtha from Aramco Trading Singapore starting in July 2025 and running to June 2028, the company said.

Nigeria's Dangote refinery to run at reduced rates through October

The 650,000-bpd Dangote oil refinery in Nigeria is expected to operate its gasoline-making unit at reduced rates through October after a string of issues in recent months.

Japan's Cosmo Oil undergoes unplanned shutdown of No. 2 CDU in Chiba refinery

Japan's Cosmo Oil, a unit of Cosmo Energy Holdings, underwent an unplanned shutdown of the 102,000-bpd No. 2 crude distillation unit (CDU) at the Chiba refinery, near Tokyo

Asia jet fuel exports to U.S. West Coast to hit 1-year high in May

Asia's jet fuel exports to the U.S. West Coast (USWC) are expected to hit at least a one-year high in May, according to shiptracking data and three trade sources, as refinery outages in California boosted prices and import demand.

Russia's offline primary oil refining capacity set to rise by 9.5% in June

Russia's offline primary oil refining capacity is set to rise by 9.5% in June from May to 3.23 MM tonnes (t).

Japan's Eneos says unplanned shutdown began at 145,000-bpd Sendai CDU on May 23

Japan's biggest refiner, Eneos Corp., experienced an unplanned shutdown of the 145,000-bpd crude distillation unit (CDU) at its Sendai refinery in northern Japan, starting May 23.