Middle East
Aden refinery criticizes Yemen government crude sale to Glencore
Yemen sold 3 MMbbl of crude to Glencore in a move that drew criticism from the main refinery struggling to provide fuel for local power stations.
Turkish refiner Tüpraş using Honeywell UOP technology to boost diesel production
Turkey’s largest oil refiner is using Honeywell technology to boost diesel fuel production at its facility in Izmit, Turkey.
SABIC and ExxonMobil evaluating petrochemical JV on US Gulf Coast
SABIC and an affiliate of Exxon Mobil Corp. are considering the potential development of a jointly owned petrochemical complex on the US Gulf Coast.
Nigerian oil trade union begins strike
A Nigerian trade union representing oil workers said it had begun a strike, but added that the effect of its industrial action would not be felt for some time because it started on a public holiday.
Iran says fire at Bu Ali Sina petrochemical complex contained
A fire that broke out at Iran's Bu Ali Sina petrochemical refinery complex has been contained with no casualties.
Uganda in oil refinery talks with South Korean SK Engineering
Uganda has begun negotiations with a consortium led by South Korea's SK Engineering for the building of a crude oil refinery and ended talks with a group led by Russia's Rostec Global Resources.
India Essar eyes sale of Gujarat refinery
Essar Group is exploring the sale of its 405 Mbpd oil refinery in the western state of Gujarat.
Iraq's June oil exports fall as domestic usage rises
Iraq's oil exports from the southern ports fell slightly in June as power generators burning more fuel to keep up with demand for air conditioning increased domestic demand.
Trafigura in talks to buy stake in Essar Oil
Commodities trader Trafigura Group Pte. is in talks to buy a minority stake in Essar Oil Ltd., which runs India's second biggest private sector refinery, in a deal that could be valued at around $6.5 B.
Industry Metrics
US refinery utilization rates have increased in some areas following the peak of maintenance season.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
