Crude oil
U.S. dependence on Canada's oil should deter Trump tariffs, industry says
Canada's energy industry does not expect U.S. President-elect Donald Trump's broad plans for protectionist trade measures will include tariffs on Canadian oil imports, because many U.S. refineries rely on barrels from north of the border.
Reformer of Venezuela's second-largest refinery halted for repairs
The naphtha reformer of Venezuela's second-largest refinery, the 310,000-bpd Cardon, has been halted for maintenance and repairs following an equipment malfunction last week.
India, Saudi Arabia top buyers of Russian VGO and fuel oil in October
India and Saudi Arabia were the top destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in October.
Opinion: Trump-led oil and gas export boom may go bust in Europe trade spat
Oil and gas producers in the U.S. expect to find it easier to ramp up production and exploration under the incoming second administration of Donald Trump. Finding local and lucrative markets for their wares may be the bigger challenge.
China's crude oil imports fall for sixth straight month on refinery closure
China's crude oil imports fell 9% in October, a sixth consecutive monthly year-on-year decline as a plant closure at a state oil refinery adds to weaker demand from independent refiners.
U.S. crude stocks, gasoline and distillate inventories rise
U.S. crude stocks, gasoline and distillate inventories rose in the week ending Nov. 1, the Energy Information Administration (EIA) said on Wednesday.
Demystify warm-up practices for centrifugal pumps
This article provides a thorough analysis of various warm-up practices—examining their benefits and drawbacks and proposing well-grounded guidelines for the development of efficient warm-up systems.
LyondellBasell to close Houston refinery (U.S.) in Q1 2025
Chemical maker LyondellBasell Industries detailed its long-announced plan to permanently shutter its 263,776-bpd Houston oil refinery in the first quarter of 2025, shutting the facility's CDU and coker train in January, followed by the shuttering of the second CDU-coker production train, which supplies the gasoline-producing FCC and ancillary units, ending motor fuel production
Venezuela's oil exports hit a 4-yr peak on higher output, sales to U.S., India
Venezuela's oil exports rose to a 4-yr high, approaching 950,000 bpd in October, boosted by growing crude output and more sales to India and the United States.
Drone crashes on oil depot in Russia's Stavropol region
A drone fell on an oil depot in Russia's southern Stavropol region. It was the second suspected Ukrainian attack in consecutive days on Russian fuel and energy targets.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
- U.S. liquid fuels groups announce progress on E15, small refinery exemption reform 12/5
- Million Air and Avfuel bring SAF to Austin, Texas (U.S.) 12/5
- Chinese refiners buy oil from storage, raise output with fresh import quota 12/5
