OilPrice

APRIL 17, 2025

Motiva Enterprises has finally restarted a gasoline-producing unit at its huge Port Arthur refinery in Texas, following several attempts at a restart in recent weeks after an overhaul. The refinerys FCC, which typically converts gas oil into unfinished gasoline, has a capacity of 81,000

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OilPrice

JUNE 4, 2025

State-run oil giant PetroChina will shut the last remaining crude processing unit at its biggest refinery in northern China within weeks, industry sources told Reuters on Wednesday. Now the last remaining crude unit, with a capacity of 200,000 bpd, will be switched off on June 30, according to Reuterss sources.

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Refinery IT Barrel Oil 262

OilPrice

APRIL 16, 2025

Turkeys top oil refiner, Tupras, has resumed purchasing Russian Urals crude oil after a brief halt earlier this year prompted by U.S. In the first 11 months of 2024, Russian oil accounted for roughly 65% of Turkeys sanctions on Moscow.

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Refinery Oil Crude Oil 302

OilPrice

MAY 22, 2025

Iraqs government has signed a deal with Chinese Geo-Jade Petroleum to expand production at the Tuba oil field, build a refinery and two power plants. The refinery that Geo-Jade Petroleum will build will have a capacity of 200,000 barrels daily.

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OilPrice

APRIL 28, 2025

Crude oil inventories in China rose to the highest in almost three years in March, suggesting demand growth was lagging behind refinery processing rates, which hit a one-year high last month as Chinese oil processors took advantage of cheap Iranian and Russian crude. Reuters Clyde Russell reported that 1.74

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Refinery Oil Crude Oil Barrel 352

OilPrice

MAY 5, 2025

Last month, Saudi Arabia and India agreed to boost energy cooperation, including by potential Saudi investment in two refineries in the worlds third-largest crude oil importer.

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Refinery Crude Oil Energy Energy 266

NGT News

MAY 11, 2020

and the owner of the Alon Bakersfield Refinery. Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, […]. The post Global Clean Energy Holdings Purchases Bakersfield Refinery appeared first on NGT News. Holdings Inc. The total cash consideration paid to Delek U.S.

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Refinery Energy Energy Oil 218

OilPrice

MAY 28, 2025

Saudi Arabias oil revenues have been suffering from the oil price slump during the second quarter. While Saudi Arabia has been restricting crude oil production and exports as part of the OPEC+ deal, it has been running refineries at near-record levels this year and exporting record-high volumes of refined petroleum products.

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Oil Petroleum Crude Oil Refinery 308

OilPrice

JUNE 4, 2025

India is advancing efforts to boost renewable energy use even as the worlds third-largest crude oil importer is leading global oil demand growth. Indian Oil Corporation, the countrys top refiner, plans to replace fossil fuel-made hydrogen with green hydrogen made from electrolysis at one of its refineries.

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Refinery Crude Oil Oil IT 317

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.

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Refinery Oil Crude Oil Barrel 274

OilPrice

JUNE 3, 2025

BPs refinery in Rotterdam had both its crude units offline on Tuesday morning, Reuters reports, citing energy consultancy Wood Mackenzie. As a result of the shutdowns, the 400,000-bpd oil refinery in Rotterdam now has both crude units offline.

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NGT News

AUGUST 14, 2020

Phillips 66, a diversified energy manufacturing and logistics company, says it plans to reconfigure its San Francisco refinery in Rodeo, Calif., The plant would no longer produce fuels from crude oil but instead would make fuels from used cooking oil, fats, greases and soybean oils. to produce renewable fuels.

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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.

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IT Oil Refinery Barrel 279

OilPrice

MARCH 21, 2025

Delivering a green future for the Grangemouth oil refinery will require around 3.5bn in private investment, a report has found. Hundreds of jobs are set to be lost this year when the oil refinery there closes and the report has identified nine feasible proposals which could attract private investment.

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Refinery Oil 308

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. Per that data, Iran shipped a little over 1.1 million barrels of crude to China daily, which was 20% lower than export flows in May 2024.

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Oil Crude Oil Refinery Maintenance 211

Oil & Gas 360º

MAY 23, 2025

(Oil Price) –U.S. refining giant Phillips 66, which will close its LA refinery later this year, will lay off in December most of the workers at the plant, Reuters reports , citing sources with knowledge of the plans. Phillips 66s LA refinery will not be the only one to cease operations in California soon.

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Refinery Terminal Operator Operator Oil 130

Oil & Gas Journal

APRIL 18, 2025

The Treasury Department sanctioned a Chinese oil refinery for purchasing $1 billion in Iranian crude oil as part of a broader US crackdown on companies and vessels skirting US sanctions.

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Refinery Oil Crude Oil Government 122

OilPrice

MARCH 17, 2025

increase in production over the first two months of the year as holiday travel pulled demand for fuels higher, helped by the start of a new refinery a few months earlier, Reuters has reported, citing Chinas National Bureau of Statistics. Chinese refiners booked a 2.1%

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Refinery Crude Oil Operator Oil 165

OilPrice

MARCH 7, 2025

Problems with the salt content in Pemex oil have been solved, the countrys president Claudia Sheinbaum said, after multiple reports about trouble with salt and water content in Pemex crude. The president added that the new Pemex refinery in Dos Bokas was making progress, too.

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Oil IT Refinery 232

OilPrice

APRIL 16, 2025

The United States has issued a fresh round of sanctions on Irans oil industry, targeting, once again, Chinese importers. The Treasurys Office of Foreign Assets Control (OFAC) is designating a China-based independent teapot refinery Shandong Shengxing Chemical Co.,

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Oil Crude Oil Refinery IT 207

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

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Crude Oil Refinery Barrel Oil 287

Energy Outlook Advisors

MAY 29, 2025

US & Global Inventories, US Exports, Imports, and Refinery Utilization (14 Charts).

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Refinery Utilities Oil 161

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. Nigeria is still pumping just above its OPEC quota, but in March, the country reduced supply to its new Dangote refinery. OPEC pumped 26.63

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Refinery Barrel Oil IT 331

Oil & Gas 360º

MAY 14, 2025

(Oil Price) –On the heels of my recent article outlining how Californias unique fuel regulations not corporate price gouging are driving up gasoline prices in the state, new developments have added urgency to that conversation. per gallon if two major refineries are allowed to shut down as planned. Whats Driving the Closures?

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Refinery Gas Crude Oil Oil 237

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. refinery utilization stood at 85.6% Gulf Coast pressured that market lower. A 10% tariff by the U.S.

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Refinery Barrel Maintenance Pipeline 130

Energy Outlook Advisors

JUNE 4, 2025

June 4, 2025 Share Subscribe now EOA’s Main Takeaway Last week's data gives a sense of normalcy: It generally followed historical trends, with higher refinery utilization reducing crude inventories and increasing product inventories. Crude inputs into refineries was the highest in almost a year. Read more

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Refinery Oil Utilities IT 152

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.

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Crude Oil Refinery Maintenance Barrel 286

OilPrice

APRIL 18, 2025

Chinas central economic planner has announced cuts to gasoline and diesel prices, set to take effect today, following the price rout in international crude oil. The state-owned oil and gas majors CNPC, Sinopec, and CNOOC have been directed to ensure an adequate supply of the most used fuels, the report noted, along with smaller refineries.

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Crude Oil Refinery Oil Gas 256

BOE Report

MAY 18, 2025

Chinese independent refineries accounted for 77% of Iran 2024 exports *Iranian imports are discounted, offering profits uplift *Removal of sanctions will undermine teapots’ business model By Ron Bousso LONDON, May 19 – The possible lifting of U.S. sanctions on Iran’s oil exports [Read more]

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Refinery Oil 93

Energy Outlook Advisors

MARCH 12, 2025

Gasoline inventories are currently at a comfortable level, but refinery maintenance might lead to low levels at the start of summer. There is no bullish case for oil at this stage. We will monitor jet fuel demand, expecting it might decline significantly due to slow economic growth and reduced government travel.

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Oil Refinery Maintenance Casing 161

Energy Outlook Advisors

APRIL 9, 2025

April 9, 2025 Subscribe now IN DETAIL US crude oil inventories rose by 2.553 mb to 442.3 The EIA estimated US oil demand at 19.481 mb/d, down 0.641 mb/d from the prior week. Refinery utilization rose from 86% to 86.7%, with gross crude inputs increasing from 15.689 mb/d to 15.912 mb/d. mb last week, per the EIA (Figure 1).

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Oil Crude Oil Refinery Petroleum 177

Energy Central

MARCH 5, 2023

Ammonia and Hydrogen Refineries, big oil and gas and the chemical sectors Recent announcement regarding ammonia docking facilities and cracking plants prompted me to update the community with a series of global projects involving ammonia, and especially its keys interaction with refining and refineries. This perhaps is.

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Refinery Gas Oil IT 96

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.

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Refinery Energy Energy Petroleum 207

OilPrice

MARCH 26, 2025

Flares from oil refineries light up the night sky, a constant reminder of the industry that has dominated Azerbaijan for over a century. On the outskirts of Baku, the smell of sulfur hangs thick in the air. The country has vast, untapped potential for renewables, particularly wind and solar, which could redefine its energy future.

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Energy Energy Refinery Oil 259

OilPrice

JUNE 3, 2025

While oil prices spiked due to a combination of OPEC+ underwhelming markets and wildfires in Canada, a rising geopolitical risk premium is lifting both Brent and WTI and is set to stick around for a while to come.- Global refining margins, as calculated by consultancy Wood Mackenzie, rose to their highest since March

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Refinery Consulting Oil 200

BOE Report

MAY 9, 2025

BURNABY, BC, May 9, 2025 /CNW/ – Unifor is raising serious concerns about the sale of one of British Columbia’s last remaining oil refineries to American energy giant Sunoco. The refinery is part of a larger list of assets across Canada being sold from Parkland to Sunoco.

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Refinery Energy Energy Oil 95

Oil & Gas Journal

APRIL 18, 2025

Valero has warned the government of California that it will take at least one of its two refineries within the state offline during first-half 2026, fulfilling earlier warnings by industry advocates that recently enacted state legislation governing refiners would lead to unintended consequences.

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Refinery IT Government Operator 119