Crude Processing

REFINERY CRUDE PROCUREMENTS
Sanction exception: US grants license to Indian Reliance for Venezuelan crude .
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
BIOCRUDES, PYROLYSIS OIL
Feedstock imports reshape US biofuel production.
US biofuel production is undergoing significant changes due to the increasing importation of waste-based feedstocks.
July 28, 2024
BIOCRUDES, PYROLYSIS OIL
Biofuels mandates needed to bolster demand amid current oversupply.
The biofuels market faces significant challenges due to oversupply, but tougher mandates promise a more positive long-term outlook, according to Dutch storage firm Royal Vopak.
July 28, 2024
REFINERY CRUDE PROCUREMENTS
Senegal's first crude exports destined for Dutch and German refineries.
Senegal is marking a significant milestone as it transitions into an oil-exporting nation.
July 14, 2024
REFINERY CRUDE PROCUREMENTS
India's state refiners expand capacities and diversify crude supplies.
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
REFINERY CRUDE PROCUREMENTS
Prax Group secures feedstock and expands refining footprint in Europe.
Prax is a privately held company specializing in the trading, distribution, storage, and retail of fuels and petroleum products.
July 13, 2024
REFINERY CRUDE PROCUREMENTS
Nigeria's strategic moves in oil supply and refining expansion.
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
REFINERY CRUDE PROCUREMENTS
Countering weak margins: China's teapot refineries increase Iranian crude imports.
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
BIOCRUDES, PYROLYSIS OIL
Shell hits pause on Rotterdam biofuels plant amid market uncertainty.
The UK energy major has thrown a wrench into its green ambitions by temporarily halting construction of its highly anticipated biofuels facility in Rotterdam, Netherlands.
July 06, 2024
REFINERY CRUDE PROCUREMENTS
Dangote refinery leans on US WTI crude despite domestic availability.
Nigeria's Dangote refinery, Africa's largest, is increasingly reliant on US light sweet crude oil (WTI) for its operations.
July 06, 2024
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