Crude Processing

REFINERY CRUDE PROCUREMENTS
Elevated Prices of Venezuelan Crude Impede Bitumen Blend Imports for teapot refineries in China.
China's independent refineries experienced a substantial 49% drop in heavy feedstock bitumen blend imports in Oct., with Shandong refineries hitting a three-month low of around 979K mt compared to September's 1.93MM mt.
November 12, 2023
BIOCRUDES, PYROLYSIS OIL
Riograndense Refinery Achieves Historic Milestone with 100% Renewable Feedstock Processing: Paving the Way for Sustainable Petrochemical Products.
The Riograndense Petroleum Refinery has achieved a groundbreaking milestone by successfully processing 100% soybean oil in a Fluid Catalytic Cracking Unit (FCCU), marking a historic achievement in the global energy landscape.
November 12, 2023
REFINERY CRUDE PROCUREMENTS
Priolo refinery records decrease in crude receipts and shifts in crude quality for Oct. 2023.
The refining complex in Sicily, Italy, experienced a decline in crude oil receipts, with deliveries dropping from 245K b/d in Sept. to 225K b/d.
November 05, 2023
REFINERY CRUDE PROCUREMENTS
Nigeria's Dangote refinery aims to transform oil market with NNPC Crude Supply.
The Dangote oil refinery in Nigeria is poised to make a significant impact on the oil industry, and the Nigerian National Petroleum Corporation (NNPC) is playing a vital role in its development.
November 05, 2023
REFINERY CRUDE PROCUREMENTS
PetroChina seeks to revive Venezuelan oil imports as sanctions ebb.
China's state-owned firm is making a strategic move to resume Venezuelan oil imports after a four-year hiatus.
November 05, 2023
BIOCRUDES, PYROLYSIS OIL
Chinese UCO exports to US thrive while Europe faces decline.
November 05, 2023
REFINERY CRUDE PROCUREMENTS
Record US WTI crude deliveries to Italy's Priolo refinery in Sept. 2023.
In the month, Italy's Priolo refinery complex, owned by GOI Energy, witnessed a remarkable surge in US West Texas Intermediate (WTI) crude oil deliveries for the third consecutive month.
October 09, 2023
REFINERY CRUDE PROCUREMENTS
US WTI becomes dominant crude supply at Spain's Tarragona in Sept. 2023.
In the last month of 3Q, the Spanish Mediterranean port of Tarragona saw a shift in its crude oil deliveries as US West Texas Intermediate (WTI) crude usurped rival grades, establishing itself as the leading supply source.
October 09, 2023
REFINERY CRUDE PROCUREMENTS
Lukoil extends $1.5B loan to SOCAR, restores Russian crude supply to Turkish STAR.
In a strategic move, Russian private oil producer Lukoil is set to provide a significant financial boost to SOCAR by extending a substantial $1.5B loan.
October 09, 2023
BIOCRUDES, PYROLYSIS OIL
Global supply of used cooking oil set to double by 2030; China leads as major supplier.
Market participants anticipate a significant surge in worldwide supplies of used cooking oil (UCO), with estimates suggesting it will more than double to 31MM mt by 2030, up from the current 14MM mt.
October 09, 2023
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