Refining
Bulgaria's president vetoes law to seize Lukoil refinery amid U.S. sanctions
Bulgaria's President Rumen Radev returned the legislation to parliament for further discussion, saying the changes failed to provide protection against future financial claims against the state, violated Bulgaria's constitution and posed a risk to public finances.
Chinese refiners' term oil volumes from Saudi Arabia to drop in December
The expected drop in supply from the world's top exporter to the world's largest oil importer for a second straight month comes as some Chinese refineries are heading for maintenance and as independent refiners are waiting for Beijing to issue 2026 import quotas.
Novatek has fully restored operations at Ust-Luga's condensate complex
The condensate is being processed into light and heavy naphtha, kerosene, diesel and marine fuel.
U.S. EPA approves 14 small refinery biofuel waivers
The EPA had approved 140 petitions in part or in full earlier this year, and denied just 28, leaving just a handful from previous years remaining under review.
China's October crude oil imports rise 8.2% year-on-year, refinery utilization rates highest of year
China's seaborne crude imports rose to 10.4 MMbpd in October, up 6% from September and 9% year-on-year, as refiners ramped up throughput on improving margins.
- 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
