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Russian refineries stepped up production in August in anticipation of the September maintenance shutdowns, optimizing throughput thanks to improved logistical conditions.
Russian refineries stepped up production in August in anticipation of the September maintenance shutdowns, optimizing throughput thanks to improved logistical conditions.
The global market for hydrocrackers, essential to the production of high-quality fuels, will reach 125.2 billion USD by 2033, driven by growing demand for cleaner energy.
The global market for hydrocrackers, essential to the production of high-quality fuels, will reach 125.2 billion USD by 2033, driven by growing demand for cleaner energy.
Saudi Arabia, a key player in OPEC, is significantly increasing its oil production, jeopardizing the balance of world prices and threatening the economic stability of the energy sector.
Saudi Arabia, a key player in OPEC, is significantly increasing its oil production, jeopardizing the balance of world prices and threatening the economic stability of the energy sector.
Iraq is developing two new refineries, with the aim of reducing its dependence on imports and increasing its exports of refined petroleum products.
Iraq is developing two new refineries, with the aim of reducing its dependence on imports and increasing its exports of refined petroleum products.
Increased exports of Chinese petroleum products are threatening the margins of South Korean refiners, already under pressure, in a fragile regional economic context.
Increased exports of Chinese petroleum products are threatening the margins of South Korean refiners, already under pressure, in a fragile regional economic context.
Russia increases fuel oil and VGO exports to Asia. China and Saudi Arabia stand out as the main importers, according to LSEG data.
Russia increases fuel oil and VGO exports to Asia. China and Saudi Arabia stand out as the main importers, according to LSEG data.
Governor Newsom introduces legislation imposing minimum fuel inventories in California to prevent price fluctuations and reinforce market stability.
Governor Newsom introduces legislation imposing minimum fuel inventories in California to prevent price fluctuations and reinforce market stability.
US energy companies continue to reduce their drilling rigs, an indicator of a strategic reorientation despite the recent recovery in oil prices.
US energy companies continue to reduce their drilling rigs, an indicator of a strategic reorientation despite the recent recovery in oil prices.
Chevron Corp. has agreed to pay Richmond $550 million over ten years, thus avoiding a new tax on its local refinery.
Chevron Corp. has agreed to pay Richmond $550 million over ten years, thus avoiding a new tax on its local refinery.
U.S. crude oil reserves rose by 1.4 million barrels, contradicting analysts' expectations, while gasoline demand remained high with a notable reduction in inventories.
U.S. crude oil reserves rose by 1.4 million barrels, contradicting analysts' expectations, while gasoline demand remained high with a notable reduction in inventories.