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Naphtha

U.S. deepens sanctions on Iran's 'shadow' oil fleet

The Biden administration on Tuesday ramped up sanctions on Iran, targeting 35 entities and vessels it said carried illicit Iranian petroleum to foreign markets as part of what the U.S. Treasury Department called Tehran's "shadow fleet."

Venezuela's oil, fuel exports approach 1 MMbpd fueled by sales to Asia

Venezuela's oil exports jumped last month on higher sales to its mainstay Asia customers, and approached 1 MMbpd, a level not seen since early 2020.

Traders using STS transfers near Senegal to export Russian naphtha to Brazil

Traders are using ship-to-ship loadings near the Senegalese port of Dakar to handle Russian naphtha exports to Brazil.

Asia naphtha supply expected to remain tight over next two years

Naphtha is expected to remain in short supply in Asia over the next couple of years as more crackers come online and as demand for blending the fuel with gasoline rises.

Dangote Oil Refinery can now process winter diesel, executive says

The Dangote Oil Refinery has the capacity to produce winter diesel for the European market, a further indication of its potential to disrupt the global refining market.

Russia's Novatek may raise naphtha exports to 600,000 t/month from Ust-Luga

Russian energy company Novatek may boost exports of naphtha from its Ust-Luga complex on the Baltic Sea to up to 600,000 tons (t) a month after maintenance and thanks to a new processing unit.

Reformer of Venezuela's second-largest refinery halted for repairs

The naphtha reformer of Venezuela's second-largest refinery, the 310,000-bpd Cardon, has been halted for maintenance and repairs following an equipment malfunction last week.

Russia's Tuapse oil refinery to resume operations in November

Rosneft will resume operations at its oil refinery at the Black Sea port of Tuapse in November.

Russia ships rare naphtha and fuel oil cargoes to Indonesia

Russia exported rare naphtha and fuel oil cargoes to Indonesia in September as it expands the pool of buyers for its oil products.

As U.S. Permian crude turns lighter, it risks losing favor with refiners

Companies drilling for the crude that turned the U.S. into the world's top oil producer face an unexpected dilemma: their West Texas Midland crude is getting lighter, which could make it less appealing to some refiners.