Economics
Hungary government to discuss fuel prices again despite recent falls
Hungarian Prime Minister Viktor Orban's cabinet will discuss fuel prices again despite a recent fall in prices driven by government pressure on traders to align prices with levels elsewhere in the region.
Colonial pipeline (U.S.) halts some fuel deliveries for maintenance
The Colonial Pipeline, the largest refined fuel pipeline in the U.S., conducted system maintenance on Thursday that required a temporary halt of some deliveries.
India's use of crude tankers to export diesel slows in May
Indian refiners' use of crude oil vessels to ship refined fuels such as diesel to key European markets has diminished in May after volumes neared two-year high levels last month.
Russia lifts petrol export ban to get rid of surplus fuel
Russia has saturated the domestic market with fuel, which is why it decided to lift a ban on gasoline exports to get rid of surplus.
Vietnam's Binh Son refinery plans new share issue to fund $1.5-B expansion
Vietnam's Binh Son Refining and Petrochemical said it plans to issue new shares as part of its efforts to fund a $1.5-B project to expand and upgrade its Dung Quat refinery.
A multi-objective optimization study for an integrated oil refinery-petrochemical plant—Part 1
The study of the ideal integration of an oil refinery and an ethylene production facility has regained interest due to the rising costs of crude oil and its derivatives. This study proposes a multi-objective optimization approach that maximizes the net profit and production of ethylene and propylene in an integrated plant.
Shell shareholders reject investor climate resolution
Shell shareholders overwhelmingly rejected a climate resolution filed by an activist group following a meeting punctuated by protests.
ADNOC to acquire 10% equity stake in major LNG development in Mozambique
ADNOC announced the acquisition of Galp’s 10% interest in the Area 4 concession of the Rovuma basin in Mozambique, entitling ADNOC to a share of the LNG production from the concession, which has a combined production capacity exceeding 25 MMtpy.
Tackle operational challenges with FCC coprocessing applications
Refiners are actively developing new solutions to decarbonize their finished products—such as transportation fuels or commodity chemicals—as part of the energy transition. As a result, refiners are now exploring the co-feeding of alternative feedstocks, including renewable and recyclable crude oils, as a means of lowering the carbon footprint of their products.
Hydrocarbon value chain optimization: Non-CAPEX opportunities to improve gross margins for the downstream sector—Part I
The oil and gas industry comprises some of the most complicated manufacturing processes, involving mining, transportation, refining, distribution and retail.
- Lloyd’s Register signs strategic collaboration with DAI Infrastruktur for green ammonia Project Ra 6/30
- Alleima expands product portfolio for the urea industry with SAF™ 2906 6/30
- 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
