Crude oil
IIR Energy grants Kpler access to its refinery data
Through the partnership, Kpler obtains the exclusive right to combine IIR Energy’s refinery data with its own flows and inventories data, to create a new benchmark for crude and refined product market analysis.
Mexico's Pemex requests $6.5 B more funding for 'Dos Bocas' refinery
Pemex requested this week almost $6.5 B in additional funding from the government to pay for works at the 'Dos Bocas' refinery this year.
How China manages refined fuel exports
China's refined fuel exports are likely to sink in 2022 to the lowest in seven years as the country seeks to maintain ample domestic supplies while refinery output posts a rare decline.
Third oil storage tank collapses in Cuba terminal following fire, spill
A third crude tank collapsed at Cuba's Matanzas terminal following a spill from a second tank that caught fire on Saturday, in the biggest oil accident in decades in the island.
Idemitsu restarts 150,000-bpd Hokkaido CDU on July 25 after maintenance
Japan's second-biggest oil refiner Idemitsu Kosan Co restarted the 150,000 bpd crude distillation unit at its Hokkaido refinery in northern Japan on July 25 after maintenance.
Binh Son refinery to undergo major maintenance next year
The 130,000 bpd refinery has been in operation for 13 years and its equipment is facing risks of aging and erosion.
India cuts fuel export taxes, hikes tax on local crude
India has cut fuel export taxes for the second time in less than two weeks and increased a windfall tax on locally produced crude oil, a government notification said.
Marathon Petroleum posts bumper profit on soaring fuel prices
Marathon Petroleum smashed quarterly profit estimates, the latest U.S. refiner to benefit from a surge in fuel prices sparked by tight capacity and low inventories.
The downstream rundown: In case you missed it 7/29
In case you missed any downstream news, here are the top stories from last week.
Valero to run its 14 refineries at 90%-93% of capacity in Q3
Valero Energy Corp plans to operate its 14 refineries between 90%-93% of their combined total processing capacity in the third quarter.
- thyssenkrupp Uhde completes pre-FEED for HAMR Energy’s renewable fuels project in Australia 8/21
- CMB.TECH completes merger with Golden Ocean 8/21
- Ketjen introduces new breakthrough catalyst that mitigates the effects of iron poisoning in FCCUs 8/20
- Sumitomo Chemical achieves scale-up of its process for producing propylene directly from ethanol 8/20
- EcoCortec, Jakob Schober GmbH awarded sustainability award for closed-loop circular films solution 8/20
- Addverb reinvents its factory automation development with Siemens Xcelerator 8/20
