Refining
Key China energy indicators to track for the rest of 2024
Slower consumption in China spurred the Organization of the Petroleum Exporting Countries (OPEC) to cut estimates for global oil demand growth this week, highlighting the vital role that the world's second largest economy plays in energy markets.
Nigerian army destroys 27 illicit refineries, seizes stolen oil
Nigerian army troops have destroyed at least 27 illicit refining sites and seized stolen crude oil following raids this week on illegal oil bunkering sites in the Niger River delta.
AFPM recognizes BrandSafway refinery, petrochemical plant site teams with 44 awards
The American Fuel & Petrochemical Manufacturers (AFPM) Association has recognized 44 BrandSafway refinery and petrochemical plant site teams with Contractor Safety Achievement Awards, based on their safety performance in 2023.
U.S. refiners scale back crude intake as fuel stocks swell
U.S. petroleum refiners have trimmed crude processing rates in response to a rise in fuel inventories and a decline in refining margins since the start of 2Q 2024.
Honeywell UOP and Repsol to collaborate on renewable fuel development
The companies plan to scale and commercialize Honeywell's technologies, which use various wastes like fats, oils, greases, biomass and solids for chemical production and renewable fuels at Repsol’s refineries.
BASF introduces Fourtiva FCC catalyst to increase high-octane gasoline blending feedstock
BASF announced the commercial launch of Fourtiva™, a new fluid catalytic cracking (FCC) catalyst for gasoil to mild resid feedstock.
TotalEnergies Marine Fuels supplies its first B100 biofuel bunker in Singapore
TotalEnergies Marine Fuels supplied its first B100 biofuel bunker in Singapore, marking a significant expansion in its low-carbon fuels offer as it supports the decarbonization of global shipping.
GlobalData: North America to dominate global renewable refinery capacity additions through 2028
Global consumption of renewable fuels produced in refineries is increasing due to environmental concerns about fossil fuels, technological advances and growing regulations on carbon emissions.
Nigeria's Dangote Refinery, others seek 597,700 bpd of oil amid tight supply
Nigerian refineries, including the Dangote Refinery, have raised their domestic crude requirements for the second half of 2024 to 597,700 bpd from 483,000 bpd in the first half, the national oil regulator said, despite tight domestic supply.
U.S. refiners trim 3Q output amid weaker margins, plant overhauls
U.S. crude oil refiners are trimming 3Q production plans, company executives said in recent earnings calls, as summer fuel demand ebbs and profit margins remain weak.
- 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
