Refining
EIA: U.S. crude and fuel inventories climb, refining activity picks up
Crude inventories rose by 574,000 bbl to 427.5 MMbbl in the week ended November 28, the EIA said, compared with analysts' expectations in a poll for an 821,000-bbl draw.
UAE's Brooge Petroleum to perform pre-project planning for Fujairah gasoline plant
The proposed refinery would be the first in the region to upgrade naphtha into Euro 5-grade gasoline, with the first phase projected to produce an initial 15,000 bpd.
Kazakhstan reroutes oil exports after drone attack cuts CPC pipeline capacity
The CPC pipeline, which carries over 80% of Kazakhstan's oil exports and handles more than 1% of global supply, briefly halted operations on Saturday after a mooring at its Black Sea terminal near Russia's Novorossiisk port was damaged.
Valero plans CDU upgrades at Port Arthur, Texas (U.S.) refinery in February
Among the improvements will be upgrades to processing of bottoms - heavy, gunky residual crude oil that is usually sent to the coker or used in asphalt.
Alberta oil regulator stopped enforcing gas flaring limits after government pressure
Alberta's dismantling of its 20-yr-old flaring limit after companies blew through the limit two years in a row, with no objections from the federal government, is an example of the challenges Canada faces in reconciling its environmental commitments with a renewed focus on economic growth.
Nigeria's Dangote Refinery says it can deliver 1.5 B liters of petrol in December
The argument that refineries in Nigeria are unable to meet national demand was part of the reason the government last month dropped plans to ban imports of refined petroleum products.
Amber Energy plans to hold on to Citgo refineries after takeover
A Delaware court last week approved Amber's $5.9-B bid for Citgo's parent PDV Holding and ordered the sale of PDV's shares, wrapping up an auction aimed at compensating creditors for debt defaults and expropriations in Venezuela.
ZDA issues investor license for state-of-the-art oil refinery in Zambia
The refinery will be developed under a Special Purpose Vehicle (SPV) arrangement between the Industrial Development Corporation (IDC) and Xiang Xin Holding Co. Ltd., and will be located within the Sub Sahara Gemstone Exchange Industrial Park in Ndola. This strategic investment is set to boost Zambia’s industrialization agenda.
- Indian Oil buys first Colombian oil under Ecopetrol contract 12/31
- Ukrainian drone attack sparks fire, damages equipment at Tuapse refinery 12/31
- Chile's $2.5-B Volta green ammonia project wins environmental permit 12/31
- China begins issuing second batch of 2026 crude import quotas to refiners 12/31
- EIA: U.S. crude, fuel inventories rose in the week ended December 19 12/30
- Ghana's Tema oil refinery restarts after 9-yr shutdown 12/30

