Refining

China learns to live on less fuel, to the relief of oil markets

Gasoline sales at Sinopec, which runs China's biggest network of petrol stations and is the world's largest refiner, dropped 8% on-year in April while diesel fell 6%.

Opinion: Hormuz reopening could be OPEC’s undoing

The Iran war and the closure of the vital waterway – through which nearly a fifth of the world’s oil and gas flowed before the conflict – have sharply diminished output from the Organization of the Petroleum Exporting Countries and moved the industry’s center of gravity away from the Middle East.

U.S. summer driving season hits as gasoline supplies squeezed tight

Surging summer demand from American motorists has not stopped U.S. refiners from increasingly prioritizing lucrative diesel and jet fuel production to backfill global shortages caused by shipping disruptions at the Strait of Hormuz.

U.S. sanctions Cuban state oil company, adding obstacles for fuel imports

Washington has imposed sanctions on an array of Cuban entities and people, including the island nation's president, as it seeks to intensify pressure on Cuba's communist leaders.

Dangote Refinery seeks $1 billion private placement ahead of planned listing

Chinese refiners delay projects due to Middle East oil supply disruption

Digital Exclusive: Mitigating structural resonance in an electric motor support: A field case study

Rotating equipment operating near structural natural frequencies is prone to resonance, resulting in elevated vibration levels and potential long-term damage. This article discusses a field case involving persistent axial vibration on an electric motor despite acceptable performance during decoupled workshop testing. The discrepancy prompted a full diagnostic investigation, including bump testing, modal analysis and structural reinforcement.

EU proposes 21st package of sanctions against Russia, targeting banks, refiners, traders, LNG

The EU has proposed a 21st package of sanctions against Russia for its war in Ukraine, heavily targeting the country's banks and crypto networks as well as drone production, oil traders and refiners.

EIA: U.S. jet fuel production rises after prices doubled in March

Higher crude oil prices and supply concerns, particularly in Europe and Asia, which previously imported much of their jet fuel supply from the Persian Gulf, have driven up jet fuel prices.

Chinese refiners delay projects with Middle East oil supply disrupted

The delays come as the Iran conflict has crunched refiners' margins, with the Middle East oil supply disruption driving up crude prices, while they face state fuel price caps. At the same time fuel demand has weakened due to electric vehicle growth.