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Refining

Fire at Equinor's Mongstad, Norway oil refinery extinguished

Equinor said in a statement that the fire, in an electrical kiosk at the refinery, had been extinguished and that emergency personnel were sent for routine medical follow-up.

U.S. refinery M&A stalls as buyers shun aging assets, uncertain future

The U.S. oil industry saw nearly $200 B in upstream deals last year, but the refining sector missed out despite plenty of willing sellers as the energy transition away from fossil fuels accelerates and casts doubt over the long-term value of aging U.S. refineries.

Marathon's Detroit refinery workers aim to work out contract without strike, union says

Teamsters, one of America's biggest unions, said it wants to negotiate a new contract with Marathon Petroleum for its members at the Detroit refinery without having to go on a strike.

Russia's seaborne oil product exports fell in January, calculations show

Russia's January seaborne oil product exports fell 8.6% from a year earlier and 2% from the previous month to 10.792 MMt owing to lower processing and unplanned refinery repair work.

Russia's Novatek resumes processing at damaged Ust-Luga complex

Russian energy company Novatek resumed gas condensate processing at its Ust-Luga complex after the site was damaged last month by a suspected Ukrainian drone attack.

Shell quits Iraqi petrochemicals plant talks

Oil major Shell has withdrawn from talks on building a petrochemicals plant in the southern oil hub of Basra.

Russia's Ilsky refinery plans to restart damaged unit this week

Russia's export-oriented Ilsky oil refinery plans to resume operations at its damaged primary processing unit this week.

Indonesia's Pertamina to slash capacity at second-biggest refinery due to upgrade

Indonesia's state energy company Pertamina will reduce production capacity at its Balikpapan refinery starting in the third week of February as an upgrade of the facility advances.

Germany's Habeck: Poland committed to crude supply in case of Schwedt nationalization

German Economy Minister Robert Habeck said in Warsaw that Poland has given reassurances that it will continue to provide the Schwedt refinery with crude oil in the event that Germany nationalizes Rosneft's German activities.

Mexico orders expropriation of Air Liquide plant at Pemex oil refinery

Mexico's government has ordered the expropriation of a hydrogen plant at a Pemex oil refinery that was sold to French company Air Liquide during the previous administration, after officials ordered a temporary occupation of the facility last December.