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Oil Refinery
Energy Economy
Petroecuador Opens Tenders for Offshore Field, Refinery Modernization
Ecuadorean state-run oil company Petroecuador on Thursday announced two auctions, hoping to attract private company bids for a flagship offshore natural gas fie
Oil & Gas
More Oil From U.S. Strategic Petroleum Reserve Heads to Europe
Europe is set to receive more cargoes of U.S. crude from the Strategic Petroleum Reserve (SPR) as the European Union discusses an oil embargo on Russia and look
Oil & Gas
China's Shenghong Resumes Crude Buying Ahead of Refinery Commissioning
China's private refining complex Shenghong Petrochemical has resumed crude oil purchases ahead of the commissioning of its new refinery, sources with knowledge
Oil & Gas
American Oil Refiners Set for a Blowout Year
Soaring fuel prices have been a boon for U.S. refiners this year.
Oil & Gas
Russian Agents Charged with Targeting U.S. Nuclear Plant, Saudi Oil Refinery
U.S. and British officials on Thursday accused the Russian government of running a years-long campaign to hack into critical infrastructure, including an Americ
Oil & Gas
Japan’s Eneos to Close Wakayama Oil Refinery on Falling Demand
Japan’s Eneos Holdings Inc. will close one of its oil refineries next year due to falling domestic demand and the shift away from fossil fuels.
Oil & Gas
Nigeria Oil Refinery About to Come Online Later This Year
AfDB President Dr Akinwumi Adesina described the Dangote oil refinery and petrochemical plant project in Nigeria as a game-changing initiative that will spur th
Oil & Gas
IEA Revises up 2022 Global Refinery Runs Forecast
The IEA has revised up its 2022 forecast for global refinery runs to within 400,000 b/d of pre-Covid levels.
Oil & Gas
China Refined A Record Amount Of Crude Oil In 2021
Crude oil processing rates in China reached a record last year
Oil & Gas
Fire Breaks Out at Kuwait's Mina al-Ahmadi Refinery
Kuwait's state-owned refiner KNPC said a fire broke out a "short while ago" at its 346,000 b/d Mina al-Ahmadi refinery.
Oil & Gas
Indian State Refiners get February Saudi Crude Requests
Indian state-controlled refiners are getting their requested term crude volumes from Saudi Arabia's state-controlled Saudi Aramco for February loading.
Energy Economy
Saudi Aramco Buys Stake In Refinery In Russia’s Backyard
Saudi Arabia is expanding its downstream presence and crude customers in Eastern Europe, traditionally Russia’s backyard, by buying a stake in a Polish refiner
Oil & Gas
Higher Crude Demand Supports India-Bound Suezmax Rates
Suezmax rates from the Mideast Gulf to the west coast of India have been rising on account of higher demand from Indian state-controlled refineries.
Oil & Gas
Mexico’s Pemex Secures $500m in New Funding to Help It Take Over Texas Refinery
The acquisition would secure critical fuel supplies for the state oil company
Hydrogen
Major Romanian Oil Refinery to Cut Emissions with Hydrogen
PJSC Lukoil has today Bbecome the latest oil and gas company to commit to hydrogen, having confirmed its intention to investigate the production and supply of g
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Nigeria’s Dangote Refinery Says It Can Deliver 1.5 Billion Litres of Petrol in December
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