Refining

Russian ESPO premiums ease on weak Chinese refining margins

Spot premiums for Russia's Far East ESPO Blend crude oil delivered to China in June have eased as weak refining margins curbed demand from independent refiners.

Fire brought under control at Russia's Tuapse oil terminal

Ukraine has increased attacks on Russia's energy infrastructure as the U.S., which had brokered peace talks to stop the conflict with Russia, has shifted its focus to the war in Iran.

PETRONAS Lubricants International launches flagship PETRONAS Pro Series lubricants to elevate global industrial performance

Czechs discussing possible fuel supplies from Slovakia

Siemens and Shomax expand U.S. fertilizer production with zero-carbon green ammonia

The signed memorandum of understanding (MOU) is designed to reduce U.S. reliance on imported nitrogen fertilizer, currently accounting for roughly 18% of domestic supply, while helping stabilize cost for farmers and supporting long-term U.S. food security.

South Africa's Sasol aims for green jet fuel exports to EU

Sasol's SAF which is produced using cooking oil and vegetable oil at the company's 108,500-bpd Natref plant, was granted ISCC Plus sustainability certification from Germany's TUV SUD agency.

Update: bp lockout at Indiana (U.S.) refinery stretches into second month as union talks stall

bp barred about 800 workers represented by the United Steelworkers union on March 19, after months of negotiations failed to produce a new labor contract.

Russia to stop Kazakh oil flows to German PCK refinery via Druzhba

The move deals a blow to the PCK Schwedt refinery, which supplies most of the German capital's fuel and relies on Kazakhstan for 17% of its supplies.

Kenya, Tanzania and neighbors discuss joint refinery as Dangote offers to build it

East Africa currently imports all of its refined petroleum products, mainly from the Middle East, leaving the region vulnerable to supply disruptions and price spikes as seen in the fallout of the Iran conflict.

Asia deepens refining cuts due to Iran war, putting diesel and jet fuel supplies at risk

Asia, which accounts for 37% of global refining output and ordinarily sources two-thirds of its crude from the Middle East, has been hardest-hit by the closure of the Strait of Hormuz, with run cuts at refiners in the region exacerbating tight fuel supply and keeping prices elevated.