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.
April 05, 2025
In 2024, US refineries achieved a record-high proportion of jet fuel production, driven by increased demand compared to other transportation fuels.
March 30, 2025
Indian refiners are reducing their spot market crude oil purchases as Russian supplies recover from sanctions-related disruption
March 30, 2025
The US biomass-based diesel industry, spurred by renewable diesel, has grown significantly to 6.4B gal (24.23B liters) in capacity.
March 30, 2025
Turkiye's major oil refiner, Tupras, is set to receive its inaugural cargo of Itapu crude from Brazil in early Apr., marking a significant shift in the country's oil sourcing.
March 22, 2025
May-loading Asia-Pacific medium sweet crude premiums face potential pressure due to increased supply and weakening middle distillate cracks.
March 22, 2025
The UK has initiated an anti-dumping investigation into hydrotreated vegetable oil (HVO) imports from the US.
March 22, 2025
Nigeria's state-owned NNPC is currently negotiating an extension to its six-month naira-denominated crude sales agreement with the 650K b/d Dangote refinery, which is set to expire this month.
March 15, 2025
Crude receipts at Saras' 300K b/d Sarroch refinery in Italy reached a six-year high in Feb., with the plant processing a trio of new crude grades in Feb. and Mar.
March 15, 2025
The specter of a 10% tariff on Canadian crude imports has cast a long shadow over US refining, particularly in the Midwest (PADD 2), a region deeply intertwined with Canadian energy flows.
March 01, 2025