Refining
Process technology: SICK and Endress+Hauser sign strategic partnership
German sensor company SICK and the Swiss measurement and automation technology specialist Endress+Hauser have agreed on a strategic partnership. Endress+Hauser will take over worldwide sales and service of SICK’s process analyzers and gas flowmeters, with a JV to be established for their production and further development.
Shell Singapore shuts Bukom refinery units for maintenance
Shell Singapore has shut one crude distillation unit (CDU) and other facilities at its refinery on Bukom island for a scheduled overhaul.
Russian oil refining volumes up in August
Russian oil companies have boosted oil refining volumes this month as Gazprom plants ramped up output.
Oil spill reported off Venezuela's Caribbean coast
An oil spill, which appeared to originate from Venezuela's El Palito refinery several days ago, has contaminated a bay off the country's north-central coast in the Caribbean Sea.
California aims to tackle pump spikes by requiring gas reserves
California Governor Gavin Newsom proposed a plan on Thursday requiring oil refiners to maintain minimum reserves of gasoline in an effort to prevent price spikes.
U.S. biofuel output capacity rose last year on renewable diesel rush
Five new renewable diesel production plants opened last year, boosting U.S. output of the drop-in diesel substitute and other emerging biofuels by 44% to 282,000 bpd.
Brazil's fossil push undermines Lula's green ambitions
Brazil is positioning itself as a leader in the global transition towards clean energy, with hydropower as its top source of electricity, wind and solar growing rapidly, and renewables fueling a quarter of its transport. But Brazil has also invested heavily in fossil fuels, and the government plans to turn the country from world's seventh biggest oil producer into its fourth by 2030.
Diesel consumption falls in China due to reduced economic activity and fuel substitution
The U.S. EIA estimates that diesel consumption in China totaled 3.9 MMbpd in June 2024, a decline of 11% from the same month last year and the largest year-over-year decline in consumption for any month since July 2021.
China's July oil refinery output sinks to the lowest since Oct 2022
China's oil refinery output in July fell 6.1% from a year earlier, down for a fourth month as thin processing margins and tepid fuel demand discouraged production.
Chevron to pay $550-MM settlement to Richmond, California (U.S.)
Chevron Corp. is to pay the Richmond City Council $550 MM over 10 years in a settlement that saw it drop a proposed ballot on a new tax on the oil major's Richmond refinery.
- YPF, Eni and XRG sign joint development agreement advancing 12-MMtpy Argentina LNG project 2/12
- Maire launches new technology to produce PTMEG, the key polymer composing the spandex fiber. 2/12
- Verde Clean Fuels announces suspension of development of Permian Basin gas-to-gasoline project 2/12
- Vietnam's largest refinery to operate at 120%-125% of designed capacity in Q1 2/12
- Indonesia's Medco expansion plans bet on rising energy demand in Southeast Asia 2/12
- Brazil to rebuild ethanol stocks in new harvest after 21% drop in 2025-2026 2/12
