The impending closure of Grangemouth, one of the last six refineries in the UK, raises urgent questions about the future of Europe's refining landscape as profitability declines.
Slovakia, Hungary rely on higher pipeline imports from Tatneft Countries imported around 80,000 b/d in July after Lukoil flows halted Croatian crude imports to Omisalj touch 15 month high Slovakia and
The European Union’s decision on 24 June to target Russian shipping company Sovcomflot in its latest round of sanctions comes as ship tracking data shows a 5% monthly increase in seaborne crude oil ex
Ukraine's longest range drone strike to date at 1,115 km Confirms strike range that threatens nearby Taif refinery Strikes have impacted 1.6 million b/d capacity so far A strike on Russia's Taneco ref
Russia to lift gasoline export ban with immediate effect Gasoline market ‘saturated’ with 2 million mt stocks Remaining diesel export restrictions to remain in place Russia lifted a ban on gasoline ex
Southeast Asia would benefit from more refining capacity Refineries looking into greener projects Oil will retain a significant share of supply in Southeast Asia even as refineries in the region embra
Winter diesel production can be hurt due to lack of storage Refineries may have to cut runs after coming back from maintenance Russian oil companies are planning to ask President Vladimir Putin for th
Global refinery throughput “dipped” to 80.4 million b/d in October “on peak seasonal maintenance and major industrial action in France,” the International Energy Agency said in its monthly report Nov.
Russian refineries that buy crude on the spot market are expected to run at high
rates in the remaining period of August due to strong domestic demand and an
increased flow of product exports.
China’s crude throughput likely fell in July, weighed on by maintenance at state
owned refineries and amid uneven oil product demand recovery and limited
exports.
Refiners in the Asia Pacific region have been raising runs and output, for the
most part, although some have reduced processing as demand has been affected by
high fuel prices.