Storage
Vopak to expand biofuels storage capacity in Malaysia terminal JV
Dutch tank storage firm Vopak said it would expand its biofuels storage capacity at the Malaysia Pengerang Terminal Two (PT2SB), in line with a company strategy to drive energy transition.
U.S. crude stocks and distillate inventories rise, gasoline inventories fall
U.S. crude stocks and distillate inventories rose while gasoline inventories fell in the week ending July 25, the Energy Information Administration (EIA) said.
EU Russia sanctions add fuel to red-hot global diesel market
New European Union sanctions targeting Russia's oil industry will reshuffle global diesel flows for the second time since 2022, adding pressure to an already red-hot market.
High imports, soft summer demand weigh on U.S. gasoline
Gasoline prices have been in a lull in recent months, a boon for Americans traveling this summer. Consumers endured record prices at the pumps after Russia's 2022 invasion of Ukraine upended energy markets.
EIA: U.S. crude stockpiles fall as exports rise; fuel demand drops
U.S. crude oil stockpiles fell last week as exports rose, while gasoline and distillate inventories rose, prompting some concerns about fuel demand.
CF Industries starts Donaldsonville (U.S.) Complex CO2 dehydration and compression unit, permanent CO2 sequestration
The facility will enable the transportation and permanent geological sequestration of up to 2 metric MMtpy of CO2 that would otherwise have been emitted into the atmosphere.
U.S. crude stockpiles increase, gasoline falls on July 4 driving demand
U.S. crude oil stockpiles rose unexpectedly last week, while gasoline drew down on the back of strong driving demand ahead of the July 4 weekend, according to the Energy Information Administration (EIA).
Nigeria's Dangote refinery plans 1.6-MMbbl fuel storage tanks in Namibia
Nigeria's Dangote petroleum refinery will construct storage tanks in Namibia to hold at least 1.6 MMbbl of gasoline and diesel to supply refined fuel to southern Africa.
EIA: U.S. crude and gasoline inventories rise, distillates draw down
U.S. crude oil and gasoline inventories rose unexpectedly last week, while distillate stockpiles fell.
Achieving operational excellence with real-time visibility in chemical supply chains
From better quality control to more optimized production scheduling, this article will outline the key benefits of real-time visibility, the technology making it possible and the trends shaping the future of chemical supply chains.
- Asian gasoline margin spikes to highest since August 2023 11/14
- Lukoil-Moldova grants free use of airport fuel terminal to government amid U.S. sanctions 11/14
- Croatia rejects Russian vacuum gasoil cargo after U.S. sanctions 11/14
- Bulgaria wins UK sanctions reprieve on refinery, petrol stations 11/14
- China's Sinochem shuts one crude unit at Quanzhou after fire 11/14
- Enbridge approves $1.4-B project to boost Canadian oil flows to U.S. refiners 11/14
