- Gazprom’s low gas storage levels fuel questions over Russia’s supply to Europe
October 27, 2021
Russia’s Gazprom has emptied its gas storage facilities in western Europe to unusually low levels ahead of the winter, adding to fears that Moscow has exacerbated a shortage of supplies that has boosted prices to a record level.
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- Global oil refiners crank up output as margins recover to pre-COVID levels
October 21, 2021
Oil refiners are ramping up output to meet a synchronised uptick in demand across Asia, Europe and the United States, but plant maintenance and high natural gas prices will constrain supply in the fourth quarter, company officials and an...
- Asia's naphtha prices, margins hit 2014 highs on demand growth, costly LPG
October 21, 2021
Asia's naphtha prices and refining margins jumped to their highest since 2014 propelled by strong demand growth for the petrochemical feedstock and as alternative liquefied petroleum gas (LPG) becomes expensive amid a global power crunch...
- CDU at Kuwait's Mina al-Ahmadi down after fire: KPC sources
October 20, 2021
A large crude desulfurization unit at Kuwait's 346,000 b/d Mina al-Ahmadi refinery is down after a fire broke out on Monday at a sulfur removal unit and production of gasoline and gasoil production has been impacted, sources close to KPC...
- ADNOC drops 200,000 b/d Ruwais West expansion, boosts capacity on current units: sources
October 19, 2021
Abu Dhabi National Oil Co. has dropped its 200,000 b/d planned expansion and revamp of Ruwais Refinery West, but has compensated for the capacity through internal efficiencies, sources familiar with the matter told S&P Global Platts ...