U.S.
Trump administration may delay biofuel import credit cuts as refiners balk
The delay now under discussion could please domestic oil refiners that have invested in the bio-based diesel sector but would risk frustrating U.S. farmers and biofuel producers.
U.S.: California refinery closures spark pipeline race to West Coast
Motorists in West Coast states have long paid some of the country's highest fuel prices due to limited regional production and minimal connectivity to the Gulf Coast refining hub.
MHI Compressor secures steam turbine contract at Baton Rouge (U.S.) olefins plant
During the project, virtual assembly will be provided during the manufacturing stage and throughout the installation stage to support an efficient turnaround and help maintain continuity in plant operations.
bp restores part of Olympic Pipeline after Washington (U.S.) leak
The bp-operated Olympic shut its pipelines in the area after the discharge on Sunday. The system consists of two pipelines in the area.
Global oil refining profits surge and may stay strong
The strength in margins contrasts with crude oil markets coming under pressure from an expected oversupply, and has defied expectations earlier this year that the rally could prove to be a short-term blip due to the impact of tariffs.
India ships first jet fuel cargo to U.S. West Coast
U.S. West Coast jet fuel production has been curtailed since October, after a fire at Chevron's 285,000-bpd El Segundo refinery in southern California forced the company to take multiple units offline.
Serbia has a week to resolve NIS refinery crisis, President Vucic says
Washington is seeking complete Russian divestment from NIS, which operates Serbia's only refinery, and on Saturday gave the company's owners three months to find a buyer.
Enbridge approves $1.4-B project to boost Canadian oil flows to U.S. refiners
The project adds additional takeaway capacity for Canadian crude and broadens access to U.S. refineries, improving the flow of oil sands to major export outlets.
Quick wins on cutting methane dogged by a slow transition
The pledge to cut methane emissions by 30% below 2020 levels by 2030 has been signed by 159 countries plus the EU. Many of them have developed, or are working on, methane action plans, and billions of dollars have been committed to the effort.
- 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

