Giovanni Staunovo🛢
@staunovo
Commodity Analyst. #OOTT Views are my own. Tweets/Posts intended for information only. Retweets/Reposts ≠ endorsements.
For people who looked at the Rocky Mountains utilization numbers and thought something is off, it is. A PADD4 refinery misreported capacity in April PSM, an EIA spox said. EIA working to fix the issue in May PSM due next week. #OOTT Fyi @staunovo @TomKloza @GasBuddyGuy
Top copper producer Chile still without details on U.S. tariffs, officials say reuters.com/business/energ…
Definitely a full court press from the regulatory people. My sources tell me that Valero actually had a buyer about one year ago, but the deal collapsed with the water treatment fines and issues.
California government officials are trying to find a buyer for Valero Energy's Benicia refinery near San Francisco, three sources familiar with the matter said, an unusual effort as the clock ticks down on the company's planned closure of the facility in April. #OOTT…
California officials clearly aren't getting that it's the guardrails closing in on refiners that's the problem with wanting to buy a refinery- not necessarily the asset itself
California government officials are trying to find a buyer for Valero Energy's Benicia refinery near San Francisco, three sources familiar with the matter said, an unusual effort as the clock ticks down on the company's planned closure of the facility in April. #OOTT…
California government officials are trying to find a buyer for Valero Energy's Benicia refinery near San Francisco, three sources familiar with the matter said, an unusual effort as the clock ticks down on the company's planned closure of the facility in April. #OOTT…
EIA reported a rather interesting capacity drop from 644kbpd to 573kbpd for the wk ending Jul 18. Otherwise, it'd have been 100.1%
President Vladimir Putin signed on Monday a law which said the foreign ships will require the approval of Russia's FSB security service to access the country's ports. The decree said that permission from port authorities for foreign ships to enter would need to be agreed with…
#Russia's Black Sea oil loadings suspended over ship access paperwork, sources say #oott reuters.com/business/energ…
In rare move, #California steps in to find buyer for Valero refinery to avoid closure, sources say - Rtrs #OOTT
Refinery workers in the Rocky Mountains can today claim that they are giving 113%. Advance in total input results in a utilization figure just shy of 113%. Not sure we've ever seen that before.
15% is the new 10%
The EU and the US are progressing toward an agreement that would set a 15% tariff for most products, according to diplomats briefed on the negotiations bloomberg.com/news/articles/…
#Libya's Mellitah Oil and Gas to work with U.S. firm Hill International on gas project reuters.com/sustainability…
BP Plc said possible contamination has been identified relating to crude shipments from Azerbaijan that get delivered to global markets from a port in Turkey. “BTC Co has been made aware of a potential quality issue related to organic chlorides in some BTC blend loadings,” the…
Johan Sverdrup oilfield production in 2025 seen pretty close to the levels in 2023, 2024, at around 720,000 bpd - Equinor CFO #oott
Oil loadings at Russia's Black Sea major terminals of Novorissiisk and Yuzhnaya Ozereevka have been suspended over paperwork related to new regulations for tankers' access to ports, two industry sources told Reuters on Wednesday. The suspension will add to uncertainty in the…
Impala Platinum's Zimbabwean business is considering reopening a mine mothballed in 1998, an official said on Wednesday, after platinum prices rallied to their highest level in more than a decade. reuters.com/world/africa/z…
China's Zijin leads race to buy Barrick’s Ivory Coast Tongon gold mine, sources say reuters.com/world/africa/c…
Trump axes loan for Grain Belt power transmission project reuters.com/business/energ…
Italy and Algeria boost cooperation with new security and business deals reuters.com/business/media…