Crude oil
Mexican authorities discover clandestine mini-refinery in crackdown of illegal hydrocarbon trade
Mexican authorities this week discovered a clandestine mini-refinery in the eastern state of Veracruz, along with half a million barrels of crude oil they suspect were stolen from the country's pipelines.
Italy's Eni eyes new unit to manage oil refineries
Eni intends to set up a new company focused on several assets including oil refineries and fuels storage facilities in Italy
Inatech's Techoil implemented by Flint Hills Resources for a modern, integrated future
Flint Hills Resources has implemented Inatech's Techoil SaaS system to transform its crude trade and supply work processes.
Discounts deepen on Iranian oil in China as struggling teapots slow buying
Sellers of Iranian oil to China are offering deeper discounts this month as they look to reduce inventories and as independent refiners slow their buying due to a jump in crude prices.
Turkey's Russian Urals crude imports to hit 1-yr high in June
Turkey's imports of Russia's Urals crude are set to rise in June to their highest level since May 2024 on healthy refinery margins and seasonal demand for motor fuels.
Oil tanker market signals more Middle East energy disruption ahead
While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of the escalating risks.
Alder Process Technology uses APS to produce low-carbon marine fuels
Alder Process Technology has provided recent progress on its efforts to accelerate decarbonization of the marine fuel sector using Alder Pyrolytic Sugars (APS). APS is created using our proprietary biocrude oil fractionation technology, which converts fast pyrolysis oil derived from sustainably sourced biomass into two products: the pyrolytic sugar fraction, resulting in APS, and the pyrolytic lignin fraction, resulting in Alder Renewable Crude (ARC).
EIA: U.S. crude inventories fall by most in a year, fuel stocks build
U.S. crude oil stockpiles fell sharply last week, posting their largest decline in a year, while gasoline and distillate inventories rose.
Amid regional conflict, the Strait of Hormuz remains critical oil chokepoint
The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The strait is deep enough and wide enough to handle the world's largest crude oil tankers, and it is one of the world's most important oil chokepoints.
Aster Chemicals to increase Singapore refining capacity after acquiring splitter stake
Aster Chemicals and Energy intends to increase its crude processing capacity at its refining site in Singapore to more than 300,000 bpd, after buying a stake of more than 50% in a condensate splitter unit.
- 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
