The newest mega refiner, Shandong Yulong Petrochemical, has increased its acquisition of Russian crude oil cargoes for Sept., preparing for a test operation of its new facility.
August 03, 2024
The Dangote Petroleum Refinery in Nigeria, the largest refinery in Africa, has been reselling crude oil from both Nigeria and the US due to technical challenges.
July 28, 2024
India's largest private refiner, Reliance Industries, has secured a US license to purchase crude oil from Venezuela despite renewed US sanctions.
July 28, 2024
Senegal is marking a significant milestone as it transitions into an oil-exporting nation.
July 14, 2024
BPCL is set to invest approximately $20B over the next five years to expand its refining capacity and petrochemical footprint, as well as to bolster its network of retail conventional fuel stations and electric vehicle (EV) charging locations..
July 13, 2024
Prax is a privately held company specializing in the trading, distribution, storage, and retail of fuels and petroleum products.
July 13, 2024
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
