Crude Processing

Repsol SA and Bunge Global SA are partnering to increase the use of intermediate novel crops, specifically camelina and safflower, as feedstocks for renewable fuel production.

The ambitious energy transition of the US state of California is facing significant hurdles as its oil refining sector contracts under the weight of stringent regulations and high costs, while its landmark electric vehicle (EV) mandate encounters strong federal opposition.

India's crude oil import landscape underwent a significant shift in the fiscal year 2024-2025, with OPEC's market share falling to an all-time low, below 50%.

Taiwanese President Lai Ching-te announced that Taiwan intends to increase its imports of US oil and gas as a key aspect of tariff negotiations with the Trump Administration.

Integrated biorefineries, capable of utilizing diverse feedstocks, are essential for optimizing operational costs, mitigating feedstock supply risks, and scaling up the production of affordable renewable fuels to meet net-zero targets.

In Mar. 2025, Indonesia's exports of crude and refined palm oil saw a slight contraction, reaching 2.02MM mt, a marginal decrease from the 2.06MM mt recorded in Feb.

Turkey's primary oil refining company, Tupras, has recommenced the purchase of Russian Urals crude oil following a brief cessation earlier in 2025 that was triggered by US sanctions imposed on Moscow.

China's independent refineries (aks teapots) are anticipated to significantly decrease their imports of Venezuelan crude oil in Apr. as US secondary sanctions take effect

US refiners are reportedly suspending significant investments in expanding domestic crude processing or reducing reliance on Canadian and Mexican oil due to frustration with the Trump administration's global tariff war.

Nigeria's Dangote refinery, a new major player, has begun purchasing crude oil from Brazil and Equatorial Guinea, signaling a diversification of its feedstock sources due to fluctuating domestic availability.