Crude oil
Colonial Pipeline restarts largest U.S. fuel conduit after brief system-wide outage
Colonial Pipeline moves over 2.5 MMbpd of fuel across its 5,500-mi network stretching from the U.S. Gulf Coast to major consumption centers across the U.S. East Coast.
Opinion: Europe can flatter Trump and sting Putin by ditching niche Russian fuels
The EU has come under pressure from the United States to accelerate the bloc’s plan to wean itself off Russian fossil fuels by the end of 2027.
U.S. Gulf Coast fuel oil imports hit 2.5-yr high amid Venezuelan, Russian sanctions
U.S. Gulf Coast refiners are ramping up fuel oil imports to fill a widening gap left by declining heavy crude supplies, particularly from U.S.-sanctioned Venezuela.
Phillips 66 provides update on Los Angeles (U.S.) refinery operations
The facility is executing a detailed schedule to safely idle operations. Several process units have been placed in an idle state. The remaining units will be idled in a phased manner through the end of 2025.
Chinese refiner Yulong brings second steam cracker online
The refiner now operates two 200,000-bpd crude oil units at the $20-B complex built on a man-made island in the Longkou county of Yantai city.
Mexico's Pemex crude oil exports in August fall 32% year-on-year
Pemex's seven local refineries processed just over 1.05 MMbpd in August, up from the previous month.
After sanctions, Indian oil refiner Nayara's exports find new markets
The privately-owned company halted exports for about two weeks after it was sanctioned by the European Union on July 18 for dealing in Russian oil.
Hungary's MOL to restart crude exports from Iraq's Kurdistan
MOL expects the crude oil pipeline connecting the region to Turkey's port of Ceyhan to reopen in the coming days.
Eni unveils new biorefinery project in Sannazzaro de’ Burgondi
Eni announced that it has received approval from the Italian Ministry of the Environment and Energy Security to convert selected units at the Sannazzaro de’ Burgondi (Pavia) refinery into a biorefinery.
India fuel exports surge to multi-year highs on higher refinery runs, ethanol blending
Refiners in India, which sources about a third of its crude from Russia, are boosting runs and redirecting surplus barrels abroad.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
