Crude oil
Petrobras reports record high refinery output in 2024
Brazil's Petrobras saw output from its refineries hit an all-time high in 2024 with record production of gasoline and S-10 diesel.
EIA: U.S. crude stocks fall, gasoline and distillate inventories rise
U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) said on Wednesday.
South Korea considering buying more U.S. oil and gas
South Korea is interested in importing more U.S. oil and gas to diversify energy sources and ensure stable supplies given tensions in the Middle East.
Russian oil products trapped at sea by U.S. sanctions
Nearly 500,000 tonnes (t) of Russian oil products are trapped on tankers hit by U.S. sanctions.
Chinese, Indian refiners seek new supplies as US sanctions tighten grip on Russian oil
Chinese and Indian refiners are seeking alternative fuel supplies as they adapt to severe new U.S. sanctions on Russian producers and tankers that are designed to curb the revenues of the world's second-largest oil exporter.
Czech Republic's need for Russian oil ended by pipeline upgrade
Upgrades to boost the capacity for oil deliveries to the Czech Republic via the TAL pipeline are complete, ending the country's need to import Russian crude.
India halts trade with U.S.-sanctioned Russian companies and tankers
Indian refiners have stopped dealing with U.S.-sanctioned oil tankers and entities, but the country does not expect disruption to Russian crude supplies during a two-month wind-down period.
Update: Turkey's Izmir refinery now expects to restart crude unit in Feb, IIR says
Turkish refiner Tupras now expects to restart a 151,000-bpd crude unit at its Izmir oil refinery in early February after a fire on Nov. 25.
U.S. to impose further sanctions on Russian oil fleet and traders
The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S. Treasury document circulating among traders in Europe and Asia that drove global oil prices 3% higher on Friday.
Kinder Morgan fuel pipelines return to service after Californian power outages
Kinder Morgan Inc. said two of its fuel pipelines, SFPP West and CALNEV, had returned to service on Friday, having been shut down since Jan. 8 due to power outages in Southern California.
- U.S. Republican senators call for $1,000 tax on new EV sales to pay for road repairs 2/13
- Chevron to lay off up to 20% of global workforce 2/13
- MOL Group successfully tested the production of HVO and SAF at Eastern European refinery 2/13
- Russia's Sibur set to restart drone-hit petchem plant in March 2/13
- Pacific Future Energy officially cancels refinery project in British Columbia, Canada 2/13
- Alternative Chinese terminals emerge to take in sanctioned tankers 2/13
