Crude oil
U.S. crude oil and gasoline inventories rise, distillates fall
U.S. crude oil and gasoline inventories rose while distillates fell last week, the U.S. Energy Information Administration (EIA) said on Wednesday.
Mexico's Pemex posts drop in oil production as Lopez Obrador exits
Crude output by Pemex fell in August as Mexico's national oil company failed to reduce fuel imports in line with company targets, while overall falling well short of the lofty energy trade goals of the country's outgoing president.
South Korea's S-Oil shuts a crude unit for scheduled overhaul
South Korea's S-Oil has shut the No. 1 crude distillation unit (CDU) and some refining units at its Onsan refinery for a scheduled overhaul this week.
Oil refiner Cnergyico buys Pakistan's first Black Sea CPC Blend
Pakistan's biggest oil refiner Cnergyico said it has recently bought Black Sea CPC Blend, marking the country's first import of this grade.
About 29% of U.S. crude production shut in Gulf of Mexico due to Hurricane Helene
About 29% of U.S. crude production and 17% of natural gas output in the U.S. Gulf of Mexico were shut in response to Hurricane Helene.
Russian ESPO Blend oil jumps to premium on higher demand from Chinese refiners
Russia's Far East ESPO Blend oil grade has firmed to premium against the Brent benchmark on delivery basis for the first time since November 2023 on higher demand from Chinese refiners cooling India's buying.
Russia's Novatek launches new condensate unit at Ust-Luga complex
Russian energy company Novatek has launched the new processing unit at its gas condensate complex at the Baltic Sea port of Ust-Luga in the last third of the August.
China's new Yulong refinery runs crude unit at 60%–70%
China's latest greenfield refinery, Shandong Yulong Petrochemical, is running one of its two crude units at 60%–70%, as local government announced its official startup on Wednesday.
Rio Tinto pilots Pongamia seed oil as a feedstock for renewable diesel
Rio Tinto will develop Pongamia seed farms in Australia as part of a new biofuels pilot. The project will explore the potential of Pongamia seed oil as a feedstock for renewable diesel.
China's newest refiner Yulong starts up crude unit
China's Shandong Yulong Petrochemical on Friday began starting up one of two new 200,000-bpd crude units in eastern China, marking the refinery's official launch after four years of construction.
- TA'ZIZ secures $28.5 B in agreements to expand UAE's chemicals infrastructure 5/5
- nova-Institute provides scientific basis for EU policy on bio-based plastic packaging under PPWR 5/5
- GEA launches enzymatically enhanced GEA eTOP degumming solution 5/5
- Hong Kong-Dongguan to build SAF supply chain with new biofuels firm Ecoceres facility 5/5
- Argentine government hikes biofuel prices for domestic market 5/5
- Malaysia to produce biodiesel blend with 15% palm oil from June 5/5
