Venezuelan crude is attractive to complex U.S. refiners with coking capacity, but only a subset of Gulf and East Coast plants can fully process the heavy, high-sulfur oil.
S-Oil appears well-positioned to benefit from strong refining margins that could persist through 2030, given that it derives a larger share of revenue from refining than any of its local peers, Korea ...
Chinese state oil firm CNPC plans to restart a unit at its refinery in the northeastern city of Dalian, months after closing it, as it pursues big margins from processing discounted Russian oil, ...
I.1 Process monitoring and optimization: Lead daily technical stewardship of assigned units (e.g., crude/vacuum, hydrotreating, reforming, FCC, hydrocracking, sulfur ...
With West Texas Intermediate (WTI) oil prices currently trading below $60 per barrel, according to data from Oilprice.com, ...
American Petroleum Institute (API) CEO, Mike Sommers, alongside other industry leaders like TotalEnergies' Patrick Pouyanne, have warned that reviving Venezuela's oil industry will be a long, costly, ...
Purpose: Convert heterogeneous crude oil into on-spec products (LPG, gasoline, jet, diesel, petrochemical feedstocks, base oils, asphalt) via staged separation, conversion, treating, and blending. I.1 ...
Venezuelan President Nicolás Maduro has been captured and flown out of the country following a largescale US strike on Caracas, leaving behind uncertainty for the country – and its massive oil ...
Oilfield services and refiners face short-term volatility, but structural demand supports a cautiously constructive outlook ...
Gasoline and heating oil are oil products trading on the CME’s NYMEX division. As gasoline is seasonal, prices tend to increase to annual peaks as the driving season that runs through the spring and ...