HOUSTON, TEXAS (By Citgo, 14.Aug.2025, Words: 604) â Citgo Petroleum Corporation reported reliable operations in a more supportive market environment led to second quarter of […]
Tag: refinery
Ecopetrol exports first shipment of 185,000 bbls of new marine fuel to the US
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 9.Jun.2025, Words: 328) â Ecopetrol revealed the initial export of 185,000 bbls of marine fuel derived from […]
Petrobrasâ new diesel hydrotreatment unit at Replan started operations
SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 28.May.2025, Words: 282) â Petrobras started operations at a new diesel hydrotreatment unit at the PaulĂnia Refinery (Replan), […]
Dissecting Y-P-F: 3 refineries boast combined 89% utilization rate
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 11.Apr.2025, Words: 1,890) â Argentina’s YPF Sociedad AnĂłnima owns 3 refineries â La Plata (Buenos Aires), LujĂĄn […]
Petrobras Ups RNEST’s Processing Capacity with Completion of Works on Train 1
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 27.Mar.2025) â Petrobras completed modernization work on Train 1 of the Abreu e Lima Refinery (RNEST), located […]
Phillips 66 Nears Non-Core $3bn Asset Divestment Target
(Energy Analytics Institute, 4.Nov.2024) â Phillips 66 is very close to achieving its $3bn non-core asset divestment target, the company said in its most recent […]
Phillips 66 to Shut Refinery, End Gasoline Output in Los Angeles
(Reuters, 16.Oct.2024) â Phillips 66 said it will shut its large Los Angeles-area oil refinery late next year, delivering a blow to California’s fuel supply amid complaints about the state’s […]
Phillips 66 to Cease Operating LA Refinery in 4Q:25
(Energy Analytics Institute, 16.Oct.2024) â Phillips 66 will cease operations at its Los Angeles-area refinery in the fourth quarter of 2025. Phillips plans to work […]
Pemex Posts Drop in Oil Output as AMLO Exits
(Reuters, 27.Sep.2024) â Crude output by Pemex fell in August as Mexico’s national oil company failed to reduce fuel imports in line with company targets, […]
OMV Starts Co-processing Plant at Schwechat Refinery
(OMV, 10.Jun.2024) â OMV has started up its co-processing plant at the Schwechat refinery in Austria. Almost EUR 200mn have been invested to allow up […]
Ecopetrol Informs About Dutch Court and Restructuring Process of CB&I N.V.
(Ecopetrol, 22.Mar.2024) â Ecopetrol S.A. (BVC: ECOPETROL;Â NYSE: EC) informs that RefinerĂa de Cartagena S.A.S. (Reficar) has been notified of the decision to approve the alternative […]
Diesel Prices in 2023? Don’t Expect Much Relief
(Investorâs Business Day, 29.Dec.2022) â U.S. diesel prices hit all time highs in 2022 as demand surged and supplies of the critical heating and transportation […]
Petrobras Extends Deadlines for Sale of Refining, Logistics Assets
(Petrobras, 15.Jul.2022) â Petrobras, following up on the release disclosed on 27 June 2022, has extended the deadlines for participation in the sale processes of […]
Petrobras Teasers for Divestment of Refining and Logistics Assets
(Petrobras, 27.Jun.2022) â Petrobras, following up on the releases disclosed on 8 February 2021, 25 August 2021, and 1 October 2021, restarted the processes for […]
Low-carbon Hydrogen Demand in Refining Could Reach 50 Mtpa by 2050
(WoodMac, 9.Jun.2022) â Potential low-carbon (green or blue) hydrogen demand from the global refining sector could reach 50 million tonnes per annum (Mtpa) by 2050, […]
Ecopetrolâs 2Q:21 Earnings Call Transcript
(Motley Fool, 4.Aug.2021) â Colombiaâs state oil giant Ecopetrol hosted its second quarter 2021 conference call to discuss operational and financial details. What follows is […]
Petrobras On Refinery Sales Deadlines
(Petrobras, 30.Jul.2021) â Petrobras has celebrated a new addendum to the Term of Commitment to Cessation (TCC) signed with the Administrative Council for Economic Defense […]
Petrobras Starts Contracting For Hydrotreatment Unit
(Petrobras, 28.Jun.2021) â Petrobras started an international bidding process, in EPC (engineering, procurement and construction) mode, for the implementation of a new diesel hydrotreatment unit […]
Venezuela’s Maduro accuses US president Donald Trump of backing attacks on CRP
CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 15.Jan.2021, Words: 169) â Venezuelaâs leader NicolĂĄs Maduro reiterated earlier claims that US President Donald Trump ordered the […]
Petrobras Reports Record S-10 Diesel, LPG Production
(Petrobras, 9.Sep.2020) â Petrobras announced that, for the third month in a row, it has broken the production record of S-10 Diesel, low-sulfur diesel. In […]
Curacao Fuel Sale Touches Venezuela Sanctions Nerve
(Argus, 18.Aug.2020) â A fuel oil cargo stuck off of the Dutch Caribbean island of Curacao is about to be released to an unnamed buyer […]
Petrobras Reports Record Bunker 2020 Output
(Petrobras, 8.Jul.2020) â Petrobras informs that the PaulĂnia Refinery (Replan), located in the state of SĂŁo Paulo, broke the monthly production record for Bunker 2020, […]
Essar Bid For Petrobras’ Bahia Refinery
(Reuters, 30.Jun.2020) â Indian conglomerate Essar Group made a binding offer to Brazil’s Petroleo Brasileiro SA to buy the country’s second largest oil refinery, two […]
PDVSA Weighs Plan To Pay For Refinery Work With Fuel
(Reuters, 25.Jun.2020) â Officials from Venezuelan state oil company Petroleos de Venezuela have spoken with private contractors about paying for work fixing the country’s refineries […]
Petrobras To Receive Offers For Bahia Refinery
(Reuters, 24.Jun.2020) â Brazilâs Petroleo Brasileiro SA is set to receive binding offers for the countryâs second-largest refinery on Thursday, five people with knowledge of […]
Petrobras Refineries Near Pre-pandemic Levels
(Reuters, 12.Jun.2020) â Utilization rates at refineries owned by Brazilâs Petrobras are nearing pre-pandemic levels, as lower fuel imports by competitors and resilient international demand […]
CITGO Proposes $750mn Private Offering
(Citgo, 2.Jun.2020)Â â Citgo Petroleum Corporation has commenced a private offering exempt from the registration requirements of the Securities Act of 1933, as amended, of $750 […]
PetroEcuador Monitoring Emissions At Esmeraldas
(Energy Analytics Institute, Piero Stewart, 30.May.2020) â Ecuadorâs state oil company EP Petroecuador is monitoring emissions at the Esmeraldas refinery, especially those of sulfur dioxide […]
Raizen Halts Crude Runs At Buenos Aires Refinery
(Argus, 19.Apr.2020) â Raizen has suspended operations at its 110,000 b/d Buenos Aires refinery in response to the plunge in oil demand caused by coronavirus […]
EP PetroEcuador Suspends Operations At La Libertad
(Energy Analytics Institute, Piero Stewart, 3.Apr.2020) â State oil company EP PetroEcuador announced plans to suspend activities at the La Libertad refinery located in Santa […]
Falling LatAam Fuel Demand Leaves Hurt US Refiners
(Reuters, 27.Mar.2020) â Demand for refined products in Latin America is quickly drying up as the coronavirus pandemic worsens, leaving U.S. refiners without their primary […]
Petrobras Starts Refinery Binding Phase
(Petrobras, 22.Nov.2019) â Petrobras, following up on the release dated August 30, 2019, informs the beginning of the binding phase regarding the first stage of […]
OFAC Gives Nynas AB Time
(Sputnik, 18.Oct.2019) â The United States has extended a license that allows certain transactions with PDVSA’s joint venture Nynas AB despite US sanctions on the […]
Venezuela’s Prize Oil Asset May Soon Be Up For Grabs
(Oilprice.com, Tsvetana Paraskova, 16.Oct.2019) â Venezuelaâs opposition is getting ready to file within days a lawsuit in the United States seeking to prevent bond holders […]
Petrobras Says Revap Refinery Fire Occurred During Scheduled Stoppage
(Reuters, 30.Sep.2019) â A major refinery owned by Brazilian state-run oil firm Petrobras was already undergoing a scheduled stoppage when a fire broke out over […]
Petrobras Extends Deadline To Divest Of Refineries
(Petrobras, 30.Aug.2019) â Petrobras, following up on the releases disclosed on 06/28/2019 and 07/15/2019, referring to the first stage of the sale processes of downstream […]
Petrobras’ Teasers For Downstream Assets In Brazil
(Petrobras, 28.Jun.2019) â Petrobras, following up on the release issued on April 26, 2019, announces the beginning of the opportunity disclosure stage (teaser) related to […]
Ad Hoc PDVSA Board Suggest Jamaica Suspending Petrojam Takeover
(Energy Analytics Institute, Piero Stewart, 16.Jun.2019) â The ad hoc administrative board of PetrĂłleos de Venezuela (PDVSA) appointed by interim Venezuelan president Juan GuaidĂł requested […]
Why Venezuela, The Country With The World’s Largest Oil Reserves Its Short Of Petrol
(CNN, Stefano Pozzebon, 26.May.2019) â For many Venezuelans, oil is a birthright in the country blessed with the largest crude reserves in the world. Despite […]
Pemex To Build $8bn Oil Refinery As Mexico Scraps Tender Process
(Ft.com, Jude Webber, 9.May.2019) â AndrĂ©s Manuel LĂłpez Obrador, Mexico’s president, has stepped up his commitment to an $8bn refinery project, rejecting three private sector […]
Petrobras Completes Pasadena Refinery Sale To Chevron
(Petrobras, 1.May.2019) â Petrobras, following up on the release disclosed on 01/30/2019, informs that it has completed, through its subsidiary Petrobras America Inc. (PAI), the […]
Petrobras BODs Gives Thumbs Up To Potential Refinery Sales
(Petrobras, 26.Apr.2019) â Petrobras announced that the Board of Directors, in a meeting held today, approved  new guidelines for the management of its asset portfolio. […]
Finnish Refiner Neste Hit By Venezuela Oil Sanctions
(Reuters, Tarmo Virki, 26.Apr.2019) â Finnish biofuel producer and oil refiner Neste reported a bigger than expected fall in quarterly profit on Friday, with U.S. […]
To Halt Energy Slide, Mexico Turns To A Trusted Provider: Mexico
(NYT, Elisabeth Malkin, 11.Apr.2019) â President AndrĂ©s Manuel LĂłpez Obrador envisions a future in which Mexico produces more oil, gasoline and electricity. But his strategy […]
PetroPerĂș President Says Final Cost Of Talara Refinery Is $5 Billion
(Energy Analytics Institute, Ian Silverman, 10.Apr.2019) â The inal cost of the Talara refinery in Peru is $5 billion, including $695 million in interest related […]
Citgo Reports Higher Exports, Crude Throughputs
(Argus, 1.Apr.2019) â Citgo increased fuel exports and domestic crude processing last year, the company said in rare public guidance on the Venezuelan-controlled independent refinerâs […]