Crude Quality & Mgmt.

ExxonMobil filed a tariff complaint with the US Federal Energy Regulatory Commission (FERC) against the LOCAP (Louisiana Offshore Oil Port) crude pipeline in Louisiana, alleging the delivery of zinc-contaminated crude in Jun. and Jul.

In the US, Delek US Holdings has filed a lawsuit in Texas' Chambers County district court against London-based Marex Group and Texas-based BTX Energy, alleging they supplied contaminated crude oil that resulted in over $30 MM in damages to one of its refineries.

Plains All American (PAA) has begun charging a $0.50/b fee for crude oil that exceeds sulfur specifications on its Permian pipelines to Corpus Christi, effective Oct. 1.

Mexico’s President Claudia Sheinbaum has announced that the long-standing issue of excessive salt content in Pemex crude oil has been resolved. 

Gulf Coast refiners are increasingly rejecting Mexico’s Maya crude due to its water content reaching 6%, far exceeding the industry norm.

The Abu Dhabi National Oil Co. (ADNOC) has announced a significant reduction in the carbon intensity of its Shah oil field, achieving a benchmark low of 0.1 kgCO2e/boe.

The Crude Oil Quality Association has raised concerns over the inconsistency of crude quality at US Gulf Coast export terminals, which could affect global oil markets.

SM Energy and Northern Oil & Gas have recently made substantial acquisitions in the Uinta Basin's oil assets, emphasizing the region's unique yellow waxy crude qualities.

Concerns over the quality of WTI Midland crude, a significant component of the Brent basket of grades, have led to heightened scrutiny by pipeline operators and oil exporters.

There are six major grades of crude oil in the world: light-sweet, light-sour, medium-sweet, medium-sour, heavy-sweet, and heavy-sour.