Refining
Russia to partially ban diesel exports, extend gasoline restrictions after Ukrainian drone attacks
The attacks have reduced Russian oil refining by almost a fifth on certain days and cut exports from key ports. The fall in capacity to refine oil has pushed Moscow close to reducing crude output. Several Russian regions are facing shortages of certain grades of fuel.
India fuel exports surge to multi-year highs on higher refinery runs, ethanol blending
Refiners in India, which sources about a third of its crude from Russia, are boosting runs and redirecting surplus barrels abroad.
U.S. total distillate inventories forecast to end 2025 and 2026 at multiyear lows
Russia's Novatek restarts second processing unit at Ust-Luga complex after fire
The fire led to a full shutdown of operations, including fuel export loadings, one of a number of disruptions to Russia's energy industry as Ukraine steps up drone attacks in the neighbors' ongoing conflict.
Lanzajet, Kazmunaygas (KMG) announce Kazakhstan’s first SAF project advances to engineering and design phase
KMG and LanzaJet recently completed a joint feasibility study, and have agreed to move to the next phase of project development, front-end engineering and design (FEED), during which all technical and economic solutions for construction of the plant will be finalized.
China's ethylene surge could spell more pain for U.S., European chemical firms
The world's second-largest economy operates more than 54 MMtpy of ethylene capacity and is projected to rise about 9% of global 2024 capacity by 2030.
ExxonMobil starts up new Singapore refining unit, boosts sour crude imports
The technology combines processes to convert fuel oil and other bottom-of-the-barrel crude products into higher-value lube base stocks and distillates.
Marathon Galveston Bay Refinery in Texas (U.S.) to complete hydrotreater repairs in October
The 64,000-bpd residual hydrotreating unit (RHU) was shut by a June 14 fire on the unit.
- Transitional Industries and CFEnergia sign feedstock supply contract for $3.3-B Pacifico Mexinol project 2/17
- Neste and World Fuel Services extend partnership, expanding SAF availability at more than 100 airports in Europe 2/17
- U.S. refined product exports by tanker increase to > 6.3 MMbpd in January 2/17
- Japan's oil and gas independence climbs to highest since 2009 2/17
- Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion 2/17
- Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure 2/17
