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Ukraine Hits Major Russian Refinery In Massive Drone Attack

OilPrice

Ukrainian forces hit and damaged the Moscow Oil Refinery and a Druzhba oil pipeline facility in Oryol Oblast in a fierce overnight drone attack on Monday, the General Staff of Ukraine's Armed Forces has reported. According to the General

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Indonesia Bets Big on Oil With $12.5 Billion Refinery Gamble

OilPrice

Indonesia is going all-in on oil with a massive $12.5 billion refinery project, aiming to cut imports, boost energy security, and flex some refining muscle. We will build a refinery that, In shaa Allah, will have a capacity of approximately 500,000 barrels, Energy Minister Bahlil Lahadalia

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Global Clean Energy Holdings Purchases Bakersfield Refinery

NGT News

and the owner of the Alon Bakersfield Refinery. Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, […]. The post Global Clean Energy Holdings Purchases Bakersfield Refinery appeared first on NGT News. Holdings Inc. The total cash consideration paid to Delek U.S.

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China’s Oil Imports Could Rise as Newest Refinery Begins Trial Runs

OilPrice

Shandong Yulong Petrochemical, the newest refiner in China, is set to begin trial runs at a 200,000-barrels per day crude processing unit later this month, traders familiar with the facilitys plans told Reuters on Monday, in what could be a boost to Chinese crude oil imports in the coming months.

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Nigeria Boosts Oil Production Above Its OPEC+ Quota

OilPrice

Higher exports and increased demand from the huge new African refinery, Dangote, pushed Nigerias oil production in February 70,000 barrels per day (bpd) above its OPEC+ quota of 1.5 The rise in Nigerian oil production and an increase in Irans output despite U.S. million bpd, a Reuters survey showed.

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Phillips 66 Plans to Reconfigure Refinery to Produce Renewable Fuels

NGT News

Phillips 66, a diversified energy manufacturing and logistics company, says it plans to reconfigure its San Francisco refinery in Rodeo, Calif., The plant would no longer produce fuels from crude oil but instead would make fuels from used cooking oil, fats, greases and soybean oils. to produce renewable fuels.

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Mexico’s President Claims Its Oil Quality Problem Has Been Solved

OilPrice

Problems with the salt content in Pemex oil have been solved, the countrys president Claudia Sheinbaum said, after multiple reports about trouble with salt and water content in Pemex crude. The president added that the new Pemex refinery in Dos Bokas was making progress, too.

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