Crude oil
Venezuela's February oil exports rise, but shipping delays persist
Venezuela's oil exports slightly increased in February to some 670,000 bpd, but ongoing shipping delays worsened a bottleneck of tankers waiting to load, according to documents and vessel monitoring data.
Libya's PFG threatens to close oil facilities to press salary demands
Libya's Petroleum Facilities Guards threatened to close all oil and gas facilities in the country's western region after the end of a 10-day deadline to authorities to meet their demands, including a 67% salary rise.
EIA: U.S. crude stockpiles rise, products draw on low refining rates
U.S. crude oil stockpiles rose last week, while gasoline and distillate inventories fell as refinery maintenance and outages kept activity low.
Russia's Feb oil exports from western ports seen around 8.2 MMt
Russia’s crude oil exports and transit from its western ports are seen at around 8.2 MMt this month, in line with market forecasts.
Optimize process performance and reduce emissions by using process analyzers
Whether a refinery process involves the creation of fuels from crude oil or the production of biogas, process analysis can help to address the many challenges involved in operations.
India resumes buying Russian Sokol oil after 2-month hiatus
India has resumed imports of Russian Sokol oil after a two-month gap with at least two refiners so far taking deliveries of the light sweet crude in February.
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.
U.S. crude stocks rose while gasoline and distillate inventories fell
U.S. crude stocks rose while gasoline and distillate inventories fell in the week ending February 9, 2024 the Energy Information Administration said.
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.
Uganda says it is in talks to import all its oil via Tanzania
Uganda is negotiating with Tanzania to import all of its oil products through Dar es Salaam, which would mean an end to imports via Kenya's Mombasa port.
- Avina Clean Hydrogen completes FEED for 800,000-tpy clean ammonia facility (U.S.) 1/13
- INEOS closes last remaining synthetic ethanol plant in the UK 1/13
- Vioneo to use Honeywell UOP's methanol-to-olefins technology for Antwerp plant 1/13
- Solvay and Hankook sign Memorandum of Understanding for circular silica 1/13
- India halts trade with U.S.-sanctioned Russian companies and tankers 1/13
- U.S. oil refiners brace for a tough year as investor sentiment turns negative 1/13
