Crude oil

Synergize FCCUs and hydrocracking processing units to maximize refining margins

Opinion: bp’s green failure offers Big Oil a lesson in moderation

bp has returned to its oil and gas roots in a spectacular about-turn following its trailblazing attempt five years ago to become a renewables giant. The takeaway for Big Oil is that the energy transition is a marathon, not a sprint.

U.S. crude stockpiles fall as refining picks up, fuel inventories build, EIA says

U.S. crude oil stockpiles fell unexpectedly last week as refining activity ticked higher, while gasoline and distillate inventories posted surprise builds.

S. Korea's SK Energy shuts crude unit for 2-week overhaul

South Korea's SK Energy plans to restart the 170,000-bpd crude distillation unit (CDU) at its Ulsan refinery in next two weeks after maintenance work.

Trump says he wants Keystone XL oil pipeline to be built

Republican U.S. President Donald Trump said on Monday he wanted the Keystone XL Pipeline built and pledged easy regulatory approvals for the crude oil project, which was opposed for years by environmentalists before its permit was revoked by the Biden administration.

Canada wants new oil pipelines to avoid Trump tariffs; nobody wants to build them

The Canadian government would have to play a significant role in any project to build new oil pipelines in Canada to overcome regulatory, financial and political hurdles and activist opposition, industry experts said.

U.S. piles pressure on Iraq to resume Kurdish oil exports

U.S. President Donald Trump's administration is piling pressure on Iraq to allow Kurdish oil exports to restart or face sanctions alongside Iran.

Japan's Eneos shuts 141,000-bpd Sakai CDU after a fire

Japan's biggest refiner, Eneos Corp., shut down a 141,000- bpd crude distillation unit (CDU) at its Sakai refinery on February 17 after a fire there that day.

Russia's idle oil refining capacity estimated 82% up in February

Russia's offline primary oil refining capacity in February is revised up 82% from the initial plan for this month.

U.S. refiners mull switch to alternative lighter crudes amid Trump tariff fears

Top U.S. refiners are poised to seek alternative sources for heavy, sour crudes, including running more domestic grades, as they await clarity around U.S. President Donald Trump's threatened tariffs on imports from the nation's top crude suppliers Canada and Mexico.