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Refineries
Crude Oil
Texas Refineries Restarting After Power Loss
Texas refineries reported restarting units shut last week after subfreezing temperatures and a power crisis abruptly cut 28pc of US crude processing capacity.
Oil Price
Goldman Sachs Sees Minimal Oil Price Impact from Texas Freeze
Oil prices slid by up to 2 per cent on Friday, on worries that refineries will take time to resume operations after the big freeze in the U.S. South, creating a…
Crude Oil
Oil Drops as Investors Gauge Big Chill Impact on US Refineries
US West Texas Intermediate crude fell 2% to $59.3 a barrel on Friday.
LNG
Chevron Sells More Domestic Gas to Alcoa in Australia
Chevron has signed an agreement to supply a further 37PJ of gas sourced from the three LNG projects located offshore Western Australia to US aluminium group Alc…
Market Analysis
China's Electricity Consumption Growth Eased to 2.3% in July
A shift in production strategy by crude oil refineries may have played a role.
Crude Oil
Private Chinese Refiner Boosts Crude Storage Capacity
Private Chinese firm Hengli Petrochemical, which operates one of the largest private refineries in China, has boosted its crude oil storage capacity.
Philippines
Shell Unit Shuts Philippine Refinery as Ppandemic Slashes Margins
The Philippine unit of Royal Dutch Shell said on Tuesday it will permanently shut one of the country’s two oil refineries, blaming a pandemic-led slump in marg…
Crude Oil
Eni to Accelerate Conversion of its Conventional Oil Refineries into Biorefineries
Initially planned to be completed in around thirty years, the transformation of Eni’s conventional oil refineries into biorefineries will be done over the next…
Crude Oil
Refineries Around Asia Join Chinese Peers in Ramping up Oil Output
Refineries from India to South Korea are expected to join their Chinese counterparts in ramping up production from June.
Oil & Gas Trade
Coronavirus Creates Repair Headache for Oil and Gas Industry
The coronavirus pandemic has disrupted maintenance at oil and gas projects and refineries from Russia’s Far East to the coast of Canada, storing up problems fo…
Oil & Gas Trade
Indian Refineries Slash Middle East Oil Imports As Storage Fills Up
Two oil refiners will be cutting their crude oil imports from Saudi Arabia by between 66 percent and 80 percent for May, as India – population 1.3 billion peop…
Crude Oil
Oil Refiners May Have to Shut a Few Units
State oil companies have told the government they will have to shut down a few refineries if the nationwide lockdown is extended beyond April 14, people familia…
U.S. EPA Considers Delaying Compliance Deadline for Biofuels Law
The U.S. Environmental Protection Agency is considering whether to delay the deadline for oil refineries to comply with the nation’s biofuel regulation past Ma…
Crude
NNPC's Refineries Record Losses for Nine Consecutive Months
The three refineries belonging to the Nigerian National Petroleum Corporation (NNPC) recorded losses for nine consecutive months, the corporation said in its Se…
Crude
China Oct Refinery Output Rises 9.2% from Year Ago to Second-Highest Ever
China’s crude oil throughput in October rose 9.2% from a year earlier to the second-highest on record, as refineries in the world’s second-biggest oil consume…
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