OilPrice

MARCH 10, 2025

Shandong Yulong Petrochemical, the newest refiner in China, is set to begin trial runs at a 200,000-barrels per day crude processing unit later this month, traders familiar with the facilitys plans told Reuters on Monday, in what could be a boost to Chinese crude oil imports in the coming months.

Refinery 252

Refinery Oil Crude Oil Barrel 252

BOE Report

JUNE 20, 2025

refinery crude oil processing capacity grew by nearly 40,000 barrels per day in 2024 to 18.4 Motiva Enterprises’ Port Arthur, Texas, plant became the largest single refinery by capacity at 640,500 bpd, passing Marathon Petroleum’s Galveston Bay Refinery in Texas City, Texas, according to [Read more]

Refinery 77

Refinery Crude Oil Petroleum Barrel 77

OilPrice

MARCH 7, 2025

Higher exports and increased demand from the huge new African refinery, Dangote, pushed Nigerias oil production in February 70,000 barrels per day (bpd) above its OPEC+ quota of 1.5 The rise in Nigerian oil production and an increase in Irans output despite U.S. million bpd, a Reuters survey showed.

IT 258

IT Oil Refinery Barrel 258

Oil & Gas 360º

JUNE 4, 2025

Weekly Crude Oil Storage as of May 30, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 4.3 million barrels from the previous week. million barrels, U.S. Refineries operated at 93.4% crude oil imports averaged 6.3 million barrels per day, 9.6%

Crude Oil 130

Crude Oil Barrel Oil Petroleum 130

OilPrice

JUNE 3, 2025

BPs refinery in Rotterdam had both its crude units offline on Tuesday morning, Reuters reports, citing energy consultancy Wood Mackenzie. A crude unit with a capacity of 200,000 barrels per day (bpd) went offline early on Tuesday. As a result of the shutdowns, the 400,000-bpd oil refinery in Rotterdam now has both crude units offline.

Refinery 154

Refinery Shutdown Maintenance Consulting 154

OilPrice

JUNE 4, 2025

Crude oil exports from Iran to its biggest buyer, China, shrank last month on tighter U.S. sanctions and refinery maintenance, Bloomberg has reported, citing data from Vortexa. million barrels of crude to China daily, which was 20% lower than export flows in May 2024. Per that data, Iran shipped a little over 1.1

Oil 220

Oil Crude Oil Refinery Maintenance 220

OilPrice

APRIL 7, 2025

A Reuters survey on Monday showed OPEC oil output falling in March, driven primarily by drops in supply from Nigeria, Iran and Venezuela. million barrels per day in March, or 110,000 bpd less than February, according to the survey. OPEC pumped 26.63 Nigeria, Iran, and Venezuela each saw a drop in March output of 50,000 bpd.

Refinery 327

Refinery Barrel Oil IT 327

Oil & Gas 360º

MARCH 19, 2025

Weekly Crude Oil Storage as of March 14, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 1.7 million barrels from the previous week. million barrels, U.S. crude oil refinery inputs averaged 15.7 Refineries operated at 86.9% Imports U.S.

Crude Oil 130

Crude Oil Barrel Oil Petroleum 130

Oil & Gas 360º

MAY 21, 2025

Weekly Crude Oil Storage as of May 16, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 1.3 million barrels from the previous week. million barrels, U.S. crude oil refinery inputs averaged 16.5 Refineries operated at 90.7% Imports U.S.

Crude Oil 130

Crude Oil Barrel Oil Petroleum 130

Oil & Gas 360º

MAY 14, 2025

Weekly Crude Oil Storage as of May 9, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 4.0 million barrels from the previous week. million barrels, U.S. crude oil refinery inputs averaged 16.4 Refineries operated at 90.2% Imports U.S.

Crude Oil 130

Crude Oil Barrel Oil Petroleum 130

Oil & Gas 360º

MAY 7, 2025

Weekly Crude Oil Storage as of May 2, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 2.0 million barrels from the previous week. million barrels, U.S. crude oil refinery inputs averaged 16.1 million barrels per day. Imports U.S.

Crude Oil 130

Crude Oil Barrel Oil Petroleum 130

Oil & Gas 360º

APRIL 30, 2025

Weekly Crude Oil Storage as of April 25, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 2.7 million barrels from the previous week. million barrels, U.S. crude oil refinery inputs averaged 16.1 Refineries operated at 88.6% Imports U.S.

Crude Oil 130

Crude Oil Barrel Oil Petroleum 130

Oil & Gas 360º

APRIL 23, 2025

Weekly Crude Oil Storage as of April 18, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 0.2 million barrels from the previous week. million barrels, U.S. crude oil refinery inputs averaged 15.9 Refineries operated at 88.1% Imports U.S.

Crude Oil 130

Crude Oil Barrel Oil Petroleum 130

Oil & Gas 360º

APRIL 16, 2025

Weekly Crude Oil Storage as of April 11, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 0.5 million barrels from the previous week. million barrels, U.S. crude oil refinery inputs averaged 15.6 Refineries operated at 86.3% Imports U.S.

Crude Oil 130

Crude Oil Barrel Oil Petroleum 130

Oil & Gas 360º

APRIL 9, 2025

Weekly Crude Oil Storage as of April 4, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 2.6 million barrels from the previous week. million barrels, U.S. crude oil refinery inputs averaged 15.6 Refineries operated at 86.7% Imports U.S.

Crude Oil 130

Crude Oil Barrel Oil Petroleum 130

Oil & Gas 360º

APRIL 2, 2025

Weekly Crude Oil Storage as of March 28, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 6.2 million barrels from the previous week. million barrels, U.S. crude oil refinery inputs averaged 15.6 Refineries operated at 86.0% Imports U.S.

Crude Oil 130

Crude Oil Barrel Oil Petroleum 130

Oil & Gas 360º

MARCH 26, 2025

Weekly Crude Oil Storage as of March 21, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 3.3 million barrels from the previous week. million barrels, U.S. crude oil refinery inputs averaged 15.8 Refineries operated at 87.0% Imports U.S.

Crude Oil 130

Crude Oil Barrel Oil Petroleum 130

Oil & Gas 360º

MARCH 12, 2025

Weekly Crude Oil Storage as of March 7, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) decreased by 5.7 million barrels from the previous week. million barrels, U.S. crude oil refinery inputs averaged 15.7 Refineries operated at 86.5% Imports U.S.

Crude Oil 130

Crude Oil Barrel Oil Petroleum 130

Oil & Gas 360º

MARCH 5, 2025

Weekly Crude Oil Storage as of February 28, 2025 U.S. commercial crude oil inventories ( excluding those in the Strategic Petroleum Reserve ) increased by 3.6 million barrels from the previous week. million barrels, U.S. crude oil refinery inputs averaged 15.4 Refineries operated at 85.9% Imports U.S.

Crude Oil 130

Crude Oil Barrel Oil Petroleum 130

OilPrice

MARCH 13, 2025

Despite the expected rise in OPEC+ production in April, Saudi Arabia is set to ship significantly lower crude oil volumes to China next month to levels not seen in over a year, Reuters reported on Thursday, quoting trade and industry sources.

Crude Oil 265

Crude Oil Refinery Maintenance Barrel 265

OilPrice

MAY 13, 2025

Saudi Arabias crude oil flows to China are expected to stay at a one-year high of about 48 million barrels in Juneroughly the same volume arriving in China from the worlds top crude exporter this month, trade sources told Reuters on Tuesday. Sinochem and private refiners, including

Crude Oil 274

Crude Oil Refinery Barrel Oil 274

Enverus

JUNE 19, 2025

As geopolitical tensions escalate, energy professionals are closely monitoring the situation’s impact on oil prices, market dynamics and long-term industry outlook. Targeted Strikes Rattle Oil Markets Recent attacks on Iranian energy facilities caused a spike in oil prices, with Brent crude rising about $10 per barrel in the past month.

Energy 130

Energy Energy Barrel Oil 130

Oil & Gas 360º

MARCH 6, 2025

(Investing) –HOUSTON – The price spread between WTI Midland crude in West Texas and Houston has narrowed this year as cold weather hurt Permian production, driving up prices, but weaker refinery and export demand on the U.S. That compared to an average of 50 cents a barrel a year ago, when record crude production at the top U.S.

Refinery 130

Refinery Maintenance Barrel Pipeline 130

OilPrice

MAY 28, 2025

This comprises a development project to increase production at the Tuba oil field from 20,000 barrels per day (bpd) to 100,000 bpd, constructing a 200,000-bpd high-specification refinery, and building a 620,000 tonnes annual capacity petrochemical plant, according to Iraqs Oil Ministry.

Refinery 186

Refinery Energy Energy Petroleum 186

OilPrice

MAY 23, 2025

A substantial drop in the spot market price for Emirati crude has triggered a demand surge from Asia, Reuters reported today, citing data for a record trade of 10 million barrels of Murban crude on an S&P Global Platts market-of-close basis this month.

Refinery 146

Refinery Maintenance Oil Barrel 146

Oil & Gas 360º

APRIL 17, 2025

billion was recorded for the Benicia and Wilmington refineries, and is expected to be treated as a special item and excluded from first quarter 2025 adjusted earnings. Valero owns 15 petroleum refineries located in the U.S., million barrels per day. Canada, the United Kingdom (U.K.), Ireland and Latin America.

Refinery 130

Refinery IT Energy Energy 130

Rigzone

JUNE 8, 2025

“Notwithstanding the around 1 million-barrel-a-day increase in production quotas between March and June, an actual increase in production is hard to detect,” analysts including Martijn Rats said in a June 9 note. million barrels a day this year, outpacing global demand growth of about 800,000 barrels a day.

Oil 70

Oil Barrel Refinery Gas 70

Oil & Gas 360º

MARCH 17, 2025

(Oil Price) –Crude oil prices started the week with a jump following U.S. per barrel, with West Texas Intermediate at $67.70 per barrel, both up on opening and likely to go higher later in the day, barring bearish news such as the Houthis agreeing to stop bombing ships in the Red Sea.

Oil 130

Oil Crude Oil Refinery Barrel 130

Oil News Africa

MARCH 31, 2025

On Saturday, 29th March 2025, Uganda signed a historic oil refinery agreement with Alpha MBM Investments LLC, a UAE-based firm, paving the way for the construction of a 60,000-barrel-per-day crude … Read More The post Uganda Secures Mega Oil Refinery Deal With Alpha MBM Investments appeared first on oilnewsafrica.

Refinery 66

Refinery Oil Barrel Gas 66

Oil & Gas 360º

APRIL 22, 2025

(Oil & Gas 360) – Expectations And Oil Prices Have Bottomed With Heading-UP-To-Summer And Much Needing To Be Done Increasing With The Tariff Strategy. Cold air tugged the price of West Texas Intermediate (WTI) crude oil up above $80 per barrel mid-January (Figure 1, red line). crude oil inventory.

Crude Oil 130

Crude Oil Oil Energy Energy 130

Oil & Gas 360º

MARCH 6, 2025

(Oil Price) –Mexicos state oil firm Pemex is holding discussions with crude buyers in Asia and Europe to potentially sell there its oil, which is now being taxed with a 25% tariff by its single biggest customer, the United States, a senior government official in Mexico told Reuters. Energy Information Administration (EIA).

Oil 130

Oil Refinery Government Barrel 130

BOE Report

JUNE 23, 2025

Saudi Arabia’s crude oil exports in April rose to 6.166 million barrels per day (bpd) from 5.754 million bpd in March, official data showed on Monday. The world’s largest oil exporter’s crude output for April was at 9.005 million bpd, up from 8.957 million bpd in March.

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58

Oil & Gas 360º

APRIL 25, 2025

refineries typically undergo seasonal maintenance and turnaround activities in preparation for the summer driving season, when fuel demand significantly increases. However, this scheduled downtime temporarily reduces refinery utilization and the ability to capture revenue from margins, often impacting quarterly performance.

Refinery 130

Refinery Maintenance Utilities Barrel 130

BOE Report

APRIL 30, 2025

crude oil stockpiles fell unexpectedly last week on higher export and refinery demand, while gasoline drew down for a ninth straight week, the Energy Information Administration said on Wednesday. million barrels to 440.4 Crude inventories fell by 2.7

Refinery 71

Refinery Crude Oil Barrel Oil 71

Oil & Gas 360º

APRIL 11, 2025

(Investing) –HOUSTON- At least two vessels carrying Venezuelan crude chartered by Chevron (NYSE: CVX ) are now stalled in Venezuelan waters due to state oil company PDVSA canceling their export authorizations after the U.S. imposed secondary tariffs on the OPEC members buyers, two sources with knowledge of the matter said on Friday.

Oil 130

Oil Refinery Operator Barrel 130

Oil & Gas 360º

MARCH 18, 2025

(World Oil) –MOL has discovered a new oil field near Somogysmson in Western Hungary. During the exploration drilling carried out in December 2024, oil was found at a depth of 1,250 meters. As a landlocked country, our oil supply is largely via pipelines and intermediaries, added Dr. Gyrgy Bacsa, COO of MOL Hungary.

Field 130

Field Exploration and Production Oil E&P 130

Iraq Business News: Oil & Gas

MARCH 31, 2025

Al-Sudani has announced that Iraq's refining capacity will soon reach 1,542,000 barrels per day (bpd) following the expansion of key refineries. During a visit to Maysan province, the Prime Minister inaugurated the Maysan [Missan] Refinery Development Project , which will increase its capacity from 40,000 to 110,000 bpd.

Refinery 64

Refinery Government Petroleum Completion 64