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.
Turkey’s largest oil refiner is using Honeywell technology to boost diesel fuel production at its facility in Izmit, Turkey.
South African energy workers plan to strike indefinitely, a stoppage that will potentially hit oil refineries of companies including Shell, BP Chevron and Sasol.
Valero Energy Corp. expects lower refinery utilization over the rest of the year as companies step up efforts to counter slumping refining margins caused by record supplies of gasoline and diesel products.
Expansion of ultra-low sulfur product slate anticipated to be complete in 2018.
ExxonMobil plans to increase production of ultra-low sulfur fuels at its Beaumont refinery by approximately 40 Mbpd.
Pemex’s Cadereyta refinery partially restarted operations Sunday, allowing it to resume production.
US refiner Valero Energy Corp. reported a quarterly profit that beat analysts' reduced estimates, even as the company's refining margin continued to be gutted by a spike in gasoline and distillate inventories.
Vietnam's Binh Dinh province has scrapped a $20 billion refinery and petrochemicals plant with Thai oil company PTT because of project implementation delays.
CB&I has been awarded the license and engineering design of a grassroots alkylation unit by PT Pertamina.