Crude Processing

REFINERY CRUDE PROCUREMENTS
China's newest refiner Yulong boosts Russian oil purchases ahead of startup.
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
BIOCRUDES, PYROLYSIS OIL
Lawmakers pressure Biden on UCO imports and biofuel policies.
US lawmakers are urging the Biden administration to address concerns regarding the import of used cooking oil (UCO) from China and other foreign feedstocks for biofuels.
August 03, 2024
REFINERY CRUDE PROCUREMENTS
Nigeria’s Dangote Refinery resells crude amid operational hurdles.
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
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
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