Refining
Kremlin sees no risk to fuel supply in Russia amid attacks on refineries
Ukraine has stepped up drone attacks on Russia's energy infrastructure, doubling the number of oil refineries targeted since the start of the year.
Dangote plans September IPO for oil refinery business
The planned listing would cover the Dangote refinery, which hit its full capacity of 650,000 bpd in February.
Mubadala's Acelen secures $1.5 B to launch Brazil SAF biorefinery project
The refinery is expected to start operations in 2029 and produce up to 1 B liters per year of sustainable aviation fuel (SAF) and renewable diesel.
China kept building its crude stockpile in April despite Iran crisis
The ongoing building of inventories by the world's biggest crude importer underlines that China is in quite a different situation to the rest of the world, which is burning through oil stockpiles to compensate for the loss of about 12 MMbpd of supply to the effective closure of the Strait of Hormuz.
UK defers import ban on diesel, jet fuel derived from Russian crude
The decision was criticized by lawmakers in Britain and Ukraine who accused the government of easing pressure on Russia and backtracking on promises to stop Moscow profiting from oil production to fund its war with Ukraine.
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- HyOrc commences fabrication for Porto waste-to-methanol plant and advances European project pipeline 5/21
- Kremlin sees no risk to fuel supply in Russia amid attacks on refineries 5/21
- Oil market clock is ticking as supply crunch looms 5/21
