Refining
bp to acquire full ownership of bp Bunge Bioenergia while refocusing plans for new biofuels projects
bp has agreed to acquire Bunge’s 50% holding interest in its bp Bunge Bioenergia S.A. joint venture, one of Brazil’s leading biofuels-producing companies.
Pemex CEO: Mexico's new refinery will start processing crude oil in 2H 2024
Mexico's state energy company Pemex will start processing crude oil in its new Olmeca refinery in the port of Dos Bocas in the second half of the year.
EIA: U.S. crude and fuel stockpiles fall last week as exports rise
U.S. crude oil, gasoline and distillate inventories fell last week, the U.S. Energy Information Administration (EIA) said on Thursday as crude exports rose.
PTT Global Chemical redefining maintenance with remote piping inspection robots
PTTGC is refining the concept from Hackathon to innovate and enhance the efficiency of the Remoted Piping Inspection Robot system in factories, addressing issues and reducing costs.
Ukraine continues drone attacks on Russian oil refineries, infrastructure
Ukraine has been systematically targeting Russian energy infrastructure to try to disrupt Russia's economy and its ability to fund its military effort. Ukrainian officials say attacks have been carried out in retaliation for Russian strikes on the Ukrainian energy system.
Holborn awards KT - Kinetics Technology EPC contract for HVO project in Germany
KT - Kinetics Technology (Integrated E&C Solutions), also leveraging the technological know-how of NEXTCHEM (Sustainable Technology Solutions), has been awarded by HOLBORN Europa Raffinerie GmbH (HOLBORN) an engineering, procurement and construction (EPC) project to develop an hydrotreated vegetable oil (HVO) complex inside the existing HOLBORN’s refinery in Hamburg, Germany.
Financial alliances build as Citgo share auction enters last mile
At least five groups of investors submitted binding bids this month in a U.S. court-ordered auction of shares in Citgo Petroleum's parent, and three have secured financing commitments for Venezuela's foreign crown jewel.
U.S. oil refining capacity rises for second year in a row, reaching > 18.3 MMbpd
U.S. crude oil refining capacity rose 1.5% to 18.38 MMbpd this year, a government report showed on Friday as a major new expansion in Texas boosted capacity.
Neogen releases CelluSmart technology for biofuels industry
Neogen Corporation announced that it has launched the new CelluSmart technology from Megazyme® by Neogen for the measurement of cellulosic ethanol from biofuel production.
Valmet announces upgrade to D3 distributed control system
Using Valmet’s D3 distributed control system (DCS) automation platform, industrial processors can now integrate numerous reliability and performance enhancements in the first significant update following its acquisition from NovaTech Automation last year.
- 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
