Americas
Venezuela resorts to dark fleet to supply oil to ally Cuba
Venezuela's state oil company PDVSA has begun using tankers that navigate off radar to supply its closest political ally, Cuba, as a fleet of state-owned vessels that have historically covered the route dwindles.
New Energy Blue and ARCO/Murray partner to build biomass refineries to produce sustainable fuels and chemicals
New Energy Blue, the clean-energy developer whose technology converts agricultural waste into lowest-carbon biofuels and biochemicals, and ARCO/Murray announced a partnership to build out the New Energy Biomass Refinery designed platform across the American Midwest.
Mexico's new Pemex refinery still needs important work, is far from ready
Mexican state energy company Pemex is unlikely to produce any commercially viable motor fuels at its new Olmeca refinery before the end of the year, five sources said, despite pressure that it should be ready before the outgoing president's term ends.
Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
Several refiners are evaluating a new gasoline-formulation technology called hydrogen (H2)-rich-content (HRC) gasoline. This patented technology uses low-sulfur, H2-rich refinery blendstocks like straight-run gasoline, isomerates, alkylate, butanes and renewable naphtha in gasoline blends, and adds aromatic amines (a high-octane gasoline additive) to make a drop-in specification gasoline.
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Spotlight on Asia
bp to acquire full ownership of bp Bunge Bioenergia while refocusing plans for new biofuels projects
bp has agreed to acquire Bunge’s 50% holding interest in its bp Bunge Bioenergia S.A. joint venture, one of Brazil’s leading biofuels-producing companies.
Pemex CEO: Mexico's new refinery will start processing crude oil in 2H 2024
Mexico's state energy company Pemex will start processing crude oil in its new Olmeca refinery in the port of Dos Bocas in the second half of the year.
Phillips 66 refining margins tighten on TMX expansion startup
U.S. refiner Phillips 66 said on Tuesday its margins have tightened after the expanded Trans Mountain pipeline project in Canada started up in May.
Trans Mountain revises heavy crude standards on pipeline after quality concerns
Canadian government-owned oil pipeline operator Trans Mountain last week revised standards for accepting crude oil on its recently expanded system after buyers raised concerns about the crude oil arriving on the line.
Financial alliances build as Citgo share auction enters last mile
At least five groups of investors submitted binding bids this month in a U.S. court-ordered auction of shares in Citgo Petroleum's parent, and three have secured financing commitments for Venezuela's foreign crown jewel.
- Chiyoda, AVEVA forge strategic partnership to power plantOS with AVEVA CONNECT 6/27
- SABIC announces closure of Olefins 6 facility in Teesside, UK 6/27
- LyondellBasell's polyolefin technologies selected by SHCCIG Yulin for petrochemicals complex in China 6/27
- Damaged unit of Iran's South Pars refinery back operating 6/27
- hte conducts research for JGC to advance decarbonization by identifying suitable catalysts for ammonia cracking 6/26
- TES and CPC Finland to develop 500-MW e-NG project in Finland 6/26
