About 2 million barrels of Venezuelan heavy crude are being sent to refineries owned by oil producer Repsol REP.MC in Spain, following purchases the company negotiated with trading house Trafigura.

Effective February 1, Pertamina's refinery unit PT Kilang Pertamina Internasional and PT Pertamina International Shipping have been merged into trading and logistics unit PT Pertamina Patra Niaga, the ...

SBM repair, petrol stations. Aster expects repairs on its single buoy mooring (SBM) to be completed in the second half of the year. That will allow the return of VLCCs to berth and discharge 2 million ...

Reliance Industries has partially offloaded a jet fuel cargo in Italy, India's first export to the region since a European Union ban on products derived from Russian oil took effect on January 21.

Indonesia's energy minister Bahlil Lahadalia said he has met with Indian conglomerate Essar Group and Indonesia's state energy firm Pertamina to discuss a plan to develop an oil refinery in the ...

Nigeria's NNPC is in talks with a Chinese company over one of the state-owned oil firm's refineries. NNPC chief executive Bayo Ojulari said the company was seeking experienced operators as equity ...

Africa's largest oil refinery began operations in 2024 and has been running at about 450,000 bpd–485,000 bpd during its startup phase amid difficulties securing sufficient local crude as it ramps up ...

Production has ceased at ExxonMobil’s Mossmorran chemical works in Fife after the company said the plant was losing around £1 ...

Chinese firms have been looking to set up refineries in Southeast Asia, where fuel demand is growing steadily while China's domestic oil consumption peaks due to rapid electrification of the ...

Binh Son Refining and Petrochemical JSC (BSR) has signed memoranda of understanding with U.S. companies Chevron, Marquis Energy and ADM Asia-Pacific Trading to strengthen crude oil supply security for ...

Poland's Gdansk refinery will start cyclical maintenance at the end of February, the company said, with the shutdown of key units planned for April. Under the cyclical shutdown required every 5 years, ...

European oil refinery maintenance is running higher than expected in February and will increase further in March, according to assessments from two companies, tightening supplies and propping up fuel ...