The West African OPEC member has recently taken strategic steps to bolster its oil supply and refining capabilities amidst ongoing challenges and international oil company divestments.
July 13, 2024
In June 2024, independent refiners in China's Shandong province ramped up their imports of Iranian crude by 4.3% to approximately 6.1MM mt (or 1.48MM b/d), marking the highest volume in eight months.
July 06, 2024
Nigeria's Dangote refinery, Africa's largest, is increasingly reliant on US light sweet crude oil (WTI) for its operations.
July 06, 2024
TMX Shifts Dynamics: US West Coast Refiners Embrace Canadian Crude vs. Iraqi Imports
June 29, 2024
Dangote Refinery, Africa's largest, launched operations in Jan. 2024 with ambitions to meet 100% of Nigeria's demand for refined petroleum products and export surpluses.
June 29, 2024
Binh Son Refining and Petrochemical, the operator of Vietnam's Dung Quat refinery in central Vietnam, has finalized a new contract with Vietsovpetro, the operator of Bach Ho, Vietnam's largest oil field, securing crude oil supply for the refinery from 2024 to 2027.
June 29, 2024
There is an evolving landscape of Light Louisiana Sweet (LLS) crude, a premium grade known for its low sulfur content and high API gravity.
June 29, 2024
Following the startup of the Trans Mountain Expansion Project (TMX) in May 2024, US refiners, including those on the West Coast, have experienced a tightening of margins.
June 22, 2024
Global commodities trader Glencore has secured a contract to supply crude oil to Prax's 113K b/d Lindsey oil refinery in the UK, replacing the previous supplier, Trafigura.
June 15, 2024
RIL: India's Largest Refinery Inks Russian Oil Deal
June 02, 2024
