Refinery run cuts in China, Japan prompt crude
Reflecting the subdued Asian oil demand fundamentals and subsequent decline in refining margins, offers for various crude grades have already started to free fall and some cargoes have changed hands at sharply lower spot differentials from the previous trading cycle, refinery
If crude supplies from Iran and Venezuela, two of India’s top five oil suppliers, cannot be secured in coming months, some of the nation’s refiners would have to rely almost entirely on
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From January through November, state-run oil firm PDVSA bought 19,000 bpd of crude mostly to feed its Isla refinery in Curacao and 234,000 bpd of refined products, including naphtha for diluting
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Rosneft Oil Company expands the sales of high-octane gasoline with enhanced environmental properties RON-95-K5 Euro 6 and Pulsar 95 Euro 6. Information for Suppliers. Procurement Information” Section is dedicated to procurement operations of Rosneft and its Subsidiaries. Information on procurement operations is posted on:
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A wide variety of crude oil refinery options are available to you, such as free samples. There are 11,128 crude oil refinery suppliers, mainly located in Asia. The top supplying country is (Mainland), which supply 100% of crude oil refinery respectively. Crude oil refinery products are most popular in Africa, Southeast Asia, and Domestic
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Venezuela has pulled out of a partnership with Cuba in its Cienfuegos oil refinery and the Caribbean island has taken full ownership of the plant, Cuban state media said on Thursday.
- How much oil is refining in Venezuela?
- According to OGJ, Venezuela had 1.3 million bbl/d of domestic crude oil refining capacity in 2013, all operated by PDVSA. The major facilities include the Paraguana Refining Center (955,000 bbl/d), Puerto de la Cruz (195,000 bbl/d), El Palito (126,900 bbl/d), and San Roque (5,200 bbl/d).
- How much refining capacity does Venezuela have?
- Venezuela maintained 2.8 million bbl/d of total global refining capacity in assets throughout the United States, the Caribbean, Europe, and domestically in Venezuela in 2013. According to OGJ, Venezuela had 1.3 million bbl/d of domestic crude oil refining capacity in 2013, all operated by PDVSA.
- Where does Venezuela export crude oil?
- Most of the remaining crude oil was destined for India, China, and Europe. Venezuela has seven crude oil export loading points, in practice; however, most of its crude oil exports are routed through the Puerto Jose terminal, which is located offshore of the Jose industrial complex in northeastern Venezuela.
- Will Chevron be able to produce crude oil in Venezuela?
- Much of Venezuela's crude oil production capacity and infrastructure have suffered from a decade-long lack of capital and regular maintenance. Chevron's earlier exemption increased its production to 135,000 barrels per day (b/d) in 2023, and we expect Chevron's output in Venezuela to reach 200,000 b/d by the end of 2024.
- Why is Venezuela turning to Russia & Mexico for crude oil?
- Venezuela has been Cuba’s main political ally as well as its largest supplier of crude oil and fuel for over two decades. Cuba is increasingly turning to Russia and Mexico for crude oil to alleviate a severe diesel and gasoline shortage and supplement Venezuela’s crude oil.
- How is natural gas used in Venezuela?
- Venezuela’s natural gas reserves are still underutilized, and a large portion of the country’s current natural gas output is used to supplement the output of mature oil fields rather than sold to generate revenue. 24 A portion of this natural gas (about 30%) is reinjected into oil fields to increase crude oil production.
