Crude Processing

REFINERY CRUDE PROCUREMENTS
Refining Insights: Reliance's Imports Surge, HPCL Embraces Russian Grades.
Indian oil refining companies are navigating a dynamic landscape marked by strategic decisions and expansion aspirations.
August 28, 2023
REFINERY CRUDE PROCUREMENTS
European refiners adapt crude preferences amid sour-crude price surge.
Refiners in Europe are strategically adjusting their crude-oil choices in response to the surge in prices for North Sea sour crudes.
August 25, 2023
REFINERY CRUDE PROCUREMENTS
Challenges for European Refiners as Lighter Crude Slate Takes Hold.
European refineries are grappling with the repercussions of a shift towards a lighter crude slate, prompted by the EU's ban on Russian Urals crude imports.
August 12, 2023
REFINERY CRUDE PROCUREMENTS
Repsol's Crude Procurement Sees Rebound in Spain, US Shipments Surge.
Spain's crude imports increased in June as Repsol, a major energy firm, brought its refinery units back online after maintenance and outages.
August 12, 2023
REFINERY CRUDE PROCUREMENTS
China's Yanchang Expected to Double Russian Crude Purchases.
Shaanxi Yanchang Petroleum Group, a state-controlled entity, plans to double its purchases of Russian ESPO blend crude oil this year, reaching around 1MM mt.
August 12, 2023
REFINERY CRUDE PROCUREMENTS
Nigeria's Fuel Subsidy Removal Impacts European Refiners.
Nigeria's recent decision to remove fuel subsidies has had significant repercussions on its domestic petrol demand and the regional market for smuggled fuel.
August 05, 2023
REFINERY CRUDE PROCUREMENTS
European Refiners Turn to Alternative Sources to Fill Russian Crude Supply Gap in 2022.
In 2022, European refiners faced an 80% reduction in Russian crude imports into the EU, Norway, and the UK, amounting to 1.36MM b/d less than pre-war levels.
July 30, 2023
REFINERY CRUDE PROCUREMENTS
Saudi Arabia supplies full oil volumes to Asia in Aug. while Chinese refiners requests less
Saudi Aramco has communicated to its North Asia clients that they will receive their full nominated volumes of crude oil in August.
July 30, 2023
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