Refining
DNV launches recommended practice for a common digital language in the energy sector
DNV has released DNV-RP-0670 Asset information modeling framework to improve asset information management in the energy sector. This recommended practice (RP) addresses challenges in engineering assets by enhancing information flow among organizations, individuals and IT applications.
Brazil's Petrobras lowers diesel prices for first time in more than a year
Brazilian state-run oil company Petrobras said it will lower refinery gate diesel prices for the first time in more than a year, as local prices currently stand above import parity.
Phillips 66 Independent Board Director pens letter to shareholders regarding dispute with Elliott Investment Management
Phillips 66's Independent Board Director Bob Pease has written a letter to the company's shareholders regarding the dispute with Elliott Investment Management.
Minimize risks and unlock profitability with opportunity crudes
This article focuses on new digital technologies that enable refiners to extract the most profit out of opportunity crudes.
Cenovus refinery in Ohio (U.S.) plans to shut multiple units for six weeks of work
Cenovus will begin planned maintenance work on multiple units at its 160,000-bpd refinery in Toledo, Ohio (U.S.) in mid-April.
Motiva Texas refinery (U.S.) preparing second attempt to restart FCCU
Motiva Enterprises is preparing a second attempt to restart the gasoline-producing fluidic catalytic cracker-3 (FCC-3) at its 626,000-bpd Port Arthur, Texas refinery.
bp plans to sell its mobility and convenience business in Austria
bp announced its intention to sell its mobility and convenience business in Austria.The marketing process will begin immediately, with the aim of reaching sale completion by the end of 2025, subject to regulatory and all relevant approvals.
China's Rongsheng Petchem opens Canada office, buys crude from Suncor
China's Rongsheng Petrochemical, China's largest independent refiner with capacity of 40 MMtpy or 800,000 bpd, has opened an office in Canada to buy Canadian crude and made its first purchase from local producer Suncor Energy.
Trump administration (U.S.) tells oil and biofuels groups to hash out new biofuel policy
U.S. President Donald Trump's administration has asked oil and biofuels producers to hash out a deal on the next phase of the nation's biofuels policy to avoid the kind of political clashes that marked his first term.
Eni, Saipem extend collaboration agreement in biorefining
Eni, Saipem extend collaboration agreement in biorefining. Eni will further develop its biorefining capacity through the development of new initiatives for producing biofuels for both aviation and land/maritime transportation.
- Topsoe and Sasol bring advanced SAF technology to Allied Biofuel’s landmark project in Uzbekistan 7/14
- OMV receives €450-MM loan from the European Investment Bank for its 140-MW green hydrogen production facility 7/13
- Poland's Unimot says it will supply crude to Germany's Schwedt refinery 7/13
- Hormuz traffic slows to two-month low as renewed U.S., Iran strikes raise safety risk 7/13
- Sinopec deepens aviation fuel push with CNAF restructuring 7/13
- Indian naphtha premiums surge as Gulf, Russian supply tightens 7/13
