Refining
Trump signs order authorizing oil pipeline project partially reviving Keystone XL
The pipeline, proposed by Canadian pipeline company South Bow and its U.S. partner Bridger Pipeline, could increase Canada's crude exports to the U.S. by more than 12% if it goes ahead.
Repsol plans to boost jet fuel output as Iran war disrupts global supply
The company expects to produce between 560,000 and 570,000 barrels of oil equivalent per day (boed) in 2026, which could increase, depending on improvement in Venezuela.
Venezuela's PDVSA controlling fire at Cardon refinery's cracker
Power outages and fires are frequent at PDVSA's deteriorated refineries, which typically work at a fraction of capacity.
Indian refiners' March crude processing slips 1.8% from a year earlier
India's Russian oil imports in March surged to a record 2.25 MMbpd, and are set to remain near record highs in April and May following a new U.S. waiver allowing countries to buy sanctioned Russian oil at sea for about a month, traders said last week.
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- Pemex to invest $5 B to revive petrochemicals and fertilizer industries 6/8
- Aramco selects McDermott for project management consultancy long-term agreement 6/8
- Celanese to optimize engineered materials compounding footprint in Asia region 6/8
- India launches gasoline blended with 85% ethanol at lower price 6/5
- U.S. oil exports surge, draining domestic crude inventories toward rock bottom 6/5
- Indian companies willing to deepen presence in Venezuela 6/5
Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
