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Refining

Taiwan's FPCC to restart Mailiao port operations on July 26

Taiwan oil major Formosa Petrochemical Corp. aims to restart operations at its port at the Mailiao refinery on July 26, after shutting down ahead of Typhoon Gaemi's arrival.

Russia: Tuapse oil refinery is still operating after Ukrainian drone strike

Russia's Tuapse oil refinery is still operating, Russian Deputy Prime Minister Alexander Novak said on Tuesday, a day after local authorities reported that the refinery had been damaged in a Ukrainian drone attack.

China's first-half 2024 fuel oil imports slide 11% y/y

China's total fuel oil imports slipped 11% in the first half of 2024, data showed on Saturday, amid a backdrop of weak refining margins and poor fuel demand.

Mexico's Pemex to cut fuel imports to 20,000 bpd by early next year

Mexican state-owned oil company Pemex will reduce its fuel imports in September to some 52,000 bpd and to 20,000 bpd in the first quarter of 2025 as it ramps up production of its own refined products.

India's Reliance misses profit estimates on weak fuel sales margins

Reliance Industries, India's most valuable company, reported 1Q profit below analysts' estimates on Friday, hurt by lower margins on fuel sales.

Nigeria investigates fuel imports after Dangote Refinery rift with regulator

Nigerian lawmakers have set up a committee to investigate crude shortages to local refineries and the importation of dirty fuels, issues at the heart of a rift between the Dangote Refinery and Nigeria's downstream oil regulator.

Calcasieu Refining shuts Louisiana refinery after chemical overflow

Calcasieu Refining Company has shut down operations at its 135,500-bpd Lake Charles refinery after a chemical overflow caused heavy flaring, according to a local media report on Thursday. 

Argentine biofuels chamber calls new U.S. biodiesel duties illegal

The U.S. Commerce Department slapped anti-dumping duties of between 60.44% to 276.65% on biodiesel from Argentina and Indonesia, on top of already steep anti-subsidy duties. The Argentine Chamber of Biofuels said that increased U.S. duties on Argentine biodiesel were "arbitrary and illegal" and would shut Argentina out of the market in the U.S.

Petrobras and Braskem complete tests for renewable content chemical product

Petrobras has successfully finished a series of industrial-scale tests to produce a light hydrocarbon stream (LHR) rich in ethylene, incorporating renewable content. Over the past year, this project, in collaboration with Braskem, has developed a viable renewable raw material for the chemical industry.

ONEOK announces refined products pipeline expansion to the Greater Denver area

ONEOK Inc. has announced plans to expand its pipeline capacity connecting Mid-Continent and Gulf Coast refined products supply with the greater Denver (Colorado, U.S.) area to meet growing demand and increase connectivity with Denver International Airport (DIA).