Crude oil
EIA: U.S. crude stocks fall, fuel inventories climb as refining picks up
U.S. crude oil inventories decreased while fuel stockpiles rose last week, as refining activity jumped, the U.S. Energy Information Administration (EIA) said on Thursday.
U.S. refiners boosting fuel output past 90% of capacity for summer driving season
U.S. crude oil refiners aim to operate above 90% of their combined processing capacity for the remainder of the quarter after completing planned overhauls.
Topsoe unveils KM 111, an advanced ammonia synthesis catalyst
The KM 111 from Topsoe is an advanced ammonia synthesis catalyst that is redefining industry standards, boasting excellent efficiency and cost-effectiveness.
Russia's Tuapse oil refinery remains idle after May 17 drone attack
Rosneft's Black Sea oil refinery in Tuapse may remain idle until at least mid-June, despite being repaired after a May 17 drone attack, due to low profitability.
Indian refiner-Reliance-to buy Russian oil in roubles
India's Reliance Industries Ltd., operator of the world's biggest refining complex, has signed a 1-yr deal with Russia's Rosneft to buy at least 3 MMbbls of oil/month in roubles.
ConocoPhillips to buy Marathon Oil in $22.5-B deal as energy mergers roll on
ConocoPhillips has agreed to buy Marathon Oil in a $22.5-B, the latest in a series of mega-mergers in the oil and gas industry as companies look to bolster reserves.
India's Reliance signs 1-yr deal to buy Russian oil in roubles
India's Reliance Industries, operator of the world's biggest refining complex, has signed a 1-yr deal with Russia's Rosneft to buy at least 3 MMbbl of oil a month in roubles.
Brazil's Raizen launches second-generation ethanol plant, mulls new contracts
Brazil's Raizen inaugurated its second cellulosic ethanol plant as part of a plan in which four more production units will be opened by the 2025/26 harvest.
Spain's Repsol receives U.S. license for Venezuela oil, gas projects
Spain's Repsol has received a license from the U.S. Treasury Department authorizing the energy company to continue and expand its oil and gas business in Venezuela.
U.S. to close Northeast gasoline reserve with 1-MMbbl sale
President Joe Biden's administration will sell nearly 1 MMbbl of gasoline in the U.S.-managed stockpile in northeastern states as required by law, effectively closing the near decade-old reserve.
- Ineos to shut polystyrene facility in Illinois (U.S.) by the end of the year 6/19
- How ASTM approval of methanol-to-jet accelerates SAF at scale 6/19
- EU crafts plan to give industries extra free CO2 permits this year 6/19
- PetroChina forecasts Chinese oil consumption will drop 4.9% this year 6/19
- Digital Exclusive: Water injection pump mechanical seals failure after pump shutdown 6/19
- Russian gasoline output down 25% so far in June after drone attacks on refineries 6/19
