Crude oil
BP Europa SE announces intended sale of Ruhr Oel GmbH-BP Gelsenkirchen refinery in Germany
BP Europa SE today announced its intention to market its Ruhr Oel GmbH – BP Gelsenkirchen operation in Germany for potential sale. Its assets include the bp refinery in Gelsenkirchen and DHC Solvent Chemie GmbH in Mülheim an der Ruhr.
Digital Exclusive: Executive viewpoint-Recycled plastic used in roads as Aramco adopts the circular economy
This article details how Aramco is using recycled plastic waste in the construction of new highways and the program aims to reduce emissions and costs, while improving the quality of road infrastructure by utilizing circularity principles
EIA: U.S. crude inventories surge amid refinery maintenance season
U.S. crude oil inventories rose sharply last week as demand softened on ongoing refinery maintenance, the U.S. Energy Information Administration (EIA) said on Wednesday.
China tariff retaliation targets its modest U.S. energy imports
China is the world's top energy importer but its purchases from the U.S. are relatively modest, blunting the impact of Beijing's move on Tuesday to slap retaliatory tariffs on imports of U.S. crude oil, liquefied natural gas (LNG) and coal.
Analysis: Trump's oil tariffs a boost for European and Asian refiners
U.S. President Donald Trump's trade tariffs on Canadian and Mexican oil imports will offer European and Asian refineries a competitive advantage against their U.S. rivals, analysts and market participants said.
IEA comes under pressure from former oil market chief to cut energy transition focus
The International Energy Agency's former oil industry and market chief criticized the agency's focus on the global energy transition in a report released on Wednesday, and said the IEA should concentrate on oil and gas supplies.
Lyondell begins shuttering Houston refinery (U.S.) for permanent closure
Chemicals maker LyondellBasell Industries began shuttering its 263,776-bpd Houston refinery on Monday for permanent closure. The shutdown is expected to be completed by early February.
Motiva shuts FCC, alkylation units at its Port Arthur, Texas (U.S.) refinery
Motiva Enterprises completed shutting the gasoline-producing fluidic catalytic cracker-3 (FCC-3) and the alkylation units at its 626,000-bpd Port Arthur, Texas, refinery on Tuesday for planned work, said people familiar with operations.
Russia oil sanctions create different winners at different times
The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating both short- and medium-term winners and losers.
Update: U.S. crude stocks rise as refiners cut production amid winter storms
U.S. crude stocks rose last week as refinery utilization slipped, the Energy Information Administration (EIA) said on Wednesday, as winter storms sweeping the country hit fuelmakers' operations and boosted distillates demand.
- 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
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