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Japan
Downstream

Eight dead in chemical tanker capsize incident off Japan

March 20, 2024 Mariel Alumit

Asahi Shimbun (You Tube) At least eight crew members were killed after a South Korean-flagged chemical tanker anchored off the coast of Japan capsized. The 11-strong crew of the 1996-built tanker Keoyoung Sun requested assistance […]

drone
Crude Oil News

Ukrainian drone campaign takes out up to 900,000 barrels a day of Russian oil refining capacity

March 19, 2024 Mariel Alumit

Ukraine’s drone campaign to knock out Russian refining capacity is scoring some big hits, with as much as 12% of the world’s largest country’s refineries forced to suspend operations. The knock-on effect for tanker shipping […]

Downstream

Daily Energy Standup Episode #322 – US Gasoline Reserve Sale and China’s Oil Access Blocked

March 5, 2024 Andy Del Prado

Daily Standup Top Stories U.S. Northeast Gasoline Reserve Could Be Sold Off March 4, 2024 Mariel Alumit The U.S. could sell off its 1-million-barrel Northeast Gasoline Supply Reserve in the fiscal year of 2024, a funding […]

U.S. Northeast Gasoline Reserve
Downstream

U.S. Northeast Gasoline Reserve Could Be Sold Off

March 4, 2024 Mariel Alumit

The U.S. could sell off its 1-million-barrel Northeast Gasoline Supply Reserve in the fiscal year of 2024, a funding bill up for discussion at U.S. Congress says. Under the draft text of the bill, “the Secretary […]

recycling
Downstream

‘They lied’: plastics producers deceived public about recycling, report reveals

February 16, 2024 Mariel Alumit

Plastic producers have known for more than 30 years that recycling is not an economically or technically feasible plastic waste management solution. That has not stopped them from promoting it, according to a new report. […]

Downstream

Diesel prices primed to rise sharply in 2024

February 10, 2024 Stu Turley

LONDON, Feb 6 (Reuters) – Global stocks of diesel and other middle distillates are below normal and prices could start to rise quickly if the industrial economies of North America and Western Europe emerge from […]

GEFO
Downstream

GEFO orders 10 chemical tankers

February 6, 2024 Mariel Alumit

EuropeTankers GEFO German owner GEFO is expanding its fleet with an order for 10 stainless steel chemical tankers at the Xiangyu shipyard in Nantong, China. A three-digit million-dollar sum will see the 3,850 dwt ships […]

Crude Oil News

India set for major boost to crude refining capacity – Bloomberg 

January 31, 2024 Stu Turley

  New Delhi is planning to increase fuel production by over 20% in the next five years India is poised to significantly increase its crude refining capacity in an effort to accommodate its growing demand […]

California
Big Oil Companies

California and Big Oil are splitting after century-long affair

January 29, 2024 Mariel Alumit

Jan 29 (Reuters) – It is the end of an era for Big Oil in California, as the most populous U.S. state divorces itself from fossil fuels in its fight against climate change. California’s oil […]

Crude Oil News

Drone attack prevented at Russian oil plant – governor

January 29, 2024 Mariel Alumit

[[{“value”:” A UAV spotted over a refinery in Yaroslavl Region was reportedly brought down using electronic warfare systems A drone was used to target an oil refinery in Russia’s Yaroslavl Region on Monday, according to […]

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