Crude oil
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.
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.
Russia's Tuapse oil refinery to resume operations in November
Rosneft will resume operations at its oil refinery at the Black Sea port of Tuapse in November.
Shell's $6-B profit smashes forecasts as LNG offsets weak refining
Shell reported on Thursday 3Q profits of $6 B that exceeded forecasts by 12% as higher liquefied natural gas (LNG) sales offset a sharp drop in oil refining and trading results.
Changxing Island accelerates development of world-class green petrochemical industrial base
The high-end petrochemical new materials project by Liaoning Dingjide Petrochemical Co. Ltd., a major supplier of polyolefin catalysts and chemical additives products, is rapidly progressing in the Changxing Island Economic and Technological Development Zone of Dalian, Liaoning province.
Dangote says refinery has 500 MM liters of petrol in storage, can meet Nigeria's demand
Nigeria's Dangote oil refinery has a stockpile of 500 MM liters of petrol, its billionaire founder said, countering claims by marketers who asserted they needed to supplement Dangote's supplies with imports to meet fuel shortages.
- Ineos to shut polystyrene facility in Illinois (U.S.) by the end of the year 6/19
- How ASTM approval of methanol-to-jet accelerates SAF at scale 6/19
- EU crafts plan to give industries extra free CO2 permits this year 6/19
- PetroChina forecasts Chinese oil consumption will drop 4.9% this year 6/19
- Digital Exclusive: Water injection pump mechanical seals failure after pump shutdown 6/19
- Russian gasoline output down 25% so far in June after drone attacks on refineries 6/19
