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Oil refining
SAF
Finland’s Neste Tops Earnings Forecast on Soaring SAF Sales
Finnish biofuel and oil refining company Neste announced robust second-quarter results on July 25, 2025, surpassing analyst expectations, primarily due to signi…
Crude Oil
China Refining Output Rebounds to Strongest Since 2023
In June 2025, China’s crude oil refining output reached over 15.2 million barrels per day, the highest since September 2023, according to national statist…
Oil Refinery
China’s Vast Refining Sector Faces Shakeout as Fuel Demand Peaks
China National Petroleum Corporation (CNPC)'s Dalian Petrochemical Corp refinery is seen near the downtown of Dalian in Liaoning province, China July 17, 20…
Oil Refinery
Exxon Signals Weaker Performance Across the Board to Hurt Q4 Profits
Vehicles pass in front of an Exxon service station in Bethesda, Maryland, U.S., November 25, 2024.Exxon Mobil (XOM.N), opens new tab signaled on Tuesday that sh…
Oil Refinery
Production at Russian Refineries Has Dropped to a 12-Year Low Due to Ukrainian Drone Attacks
The reported drop in production at Russian refineries to a 12-year low highlights the significant impact of external factors, such as Ukrainian drone attacks, o…
Oil Price
World's Top Oil Refining Hub Is Running Hard as Exports Boom
US Gulf Coast refineries are running the hardest for this time of the year in more than three decades as they rush to take advantage of strong fuel demand from …
Crude Oil
Dangote Refinery Receives 4th Crude Oil Shipment From NNPC
Dangote Refinery has received its fourth shipment of one million barrels of bonny light crude supplied by the Nigeria National Petroleum Company (NNPC) Limited.…
Crude Oil
China to Cap Crude Oil Processing Capacity at 1 Bln Tons by 2025
China will cap its crude oil primary processing capacity at 1 billion metric tons by 2025 in an effort to streamline its vast refinery sector, the country's…
Oil & Gas Trade
Indian Oil Corporation to Invest Rs 4 Trillion to Expand Oil Refining and Petrochemical Businesses
Indian Oil Corporation on Friday said it plans to invest over Rs 4 lakh crore (trillion) in this decade to expand its oil refining and petrochemical businesses …
Oil&Gas Drilling
Indianoil Sets Sight on Being '360-Degree Energy' Company; To Invest Rs 4 Lakh Crore
India's top fuel retailer Indian Oil Corporation will invest over Rs 4 lakh crore in this decade to expand oil refining and petrochemical business as well a…
Oil Refinery
French Refineries Restart After Strike Action
Around 45% of France’s oil refining capacity remains offline following strike action last month, but supply is set to improve as one major refinery is back on …
Oil Refinery
Oil Refining Companies Discuss Carbon Neutrality
The Ministry of Trade, Industry and Energy, SK innovation, GS Caltex, S-Oil and Hyundai Oilbank discussed carbon neutrality strategies on March 11.
Crude Oil
Almost Half of South Africa’s Oil Refining Seen Shut Until 2022
South African plants owned by Glencore and Petroliam Nasional that make up 43% of the nation’s oil-refining capacity are expected to stay shut until at least 2…
Oil Price
Oil Refining Companies Hit by Triple Whammy
South Korean oil refining companies face a triple whammy.
Crude Oil
Egypt Inaugurates Refinery Project in Mostorod
Petroleum Minister Tarek al-Molla stressed the importance of developing Egypt’s infrastructure of Egypt in oil refining and processing, and the vital role this…
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