Crude oil

U.S. total distillate inventories forecast to end 2025 and 2026 at multiyear lows

ExxonMobil starts up new Singapore refining unit, boosts sour crude imports

The technology combines processes to convert fuel oil and other bottom-of-the-barrel crude products into higher-value lube base stocks and distillates.

Marathon Galveston Bay Refinery in Texas (U.S.) to complete hydrotreater repairs in October

The 64,000-bpd residual hydrotreating unit (RHU) was shut by a June 14 fire on the unit.

Russian fuel crisis widens after Ukrainian attacks

Ukraine has stepped up drone attacks on Russian energy infrastructure in recent weeks targeting refineries and export terminals to reduce Moscow's export revenues, stir domestic discontent and push the Kremlin to peace talks.

Serbia's NIS oil company seeks seventh waiver of U.S. sanctions

NIS, majority-owned by Russia's Gazprom Neft and Gazprom, operates Serbia's only oil refinery in the town of Pancevo, outside the capital Belgrade.

India's Nayara Energy buys only Russian oil in August

The private refiner imported 240,400 bpd of oil in August, an overall decline of 26% from July, tanker data showed.

India's Nayara Energy increases fuel supply to HPCL after EU sanctions

Since the imposition of sanctions, Nayara has been operating its 400,000-bpd Vadinar refinery in western India at 70%–80% capacity.

Sri Lanka sees Sinopec starting work on $3.7-B refinery soon, bidding for another refinery expansion

The Sinopec refinery, approved in 2023, will have capacity to process 200,000 bpd of crude oil and will be located near the Chinese-built and operated Hambantota port in southern Sri Lanka.

AFPM: U.S. EPA’s RFS proposal doesn’t square with the ‘energy dominance’ agenda

Ukraine to curb Indian diesel imports amid Russian oil ties

Ukraine will restrict imports of diesel fuel originating in India, which purchases a significant portion of its crude oil from Russia starting October 1, Ukrainian energy consultancy Enkorr said.