Crude Processing

The STAR refinery in Türkiye, a significant purchaser of Russian Urals crude, is scheduled for an extensive maintenance period starting in early Sept.

Nigeria's Dangote Refinery is set to increasingly source its feedstock from domestic suppliers, reducing its reliance on American crude oil.

Canada’s Kearl Lake Blend crude is making a return to the Chinese market for the first time since 2018, marking a significant development in global oil trade dynamics.

The US Department of Agriculture is advocating for relaxed tax credit requirements for crops used in renewable fuel production.

Nigeria's Dangote Refinery, poised to become one of the world's largest oil processing facilities with a capacity of 650K b/d, is on the brink of transforming global fuel markets.

Delek, a US independent refiner, has temporarily closed three biodiesel facilities located in Texas, Arkansas, and Mississippi, which together produced 2.6 b/d of biodiesel from various feedstocks.

The Dangote refinery, a significant new player in Nigeria's oil sector with a capacity of 650K b/d, faces severe challenges in securing adequate domestic crude supplies.

In the third quarter of 2024, major U.S. crude oil refiners are scaling back their operations due to weak profit margins and necessary maintenance. 

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.