Refining
Neste starts to supply SAF to FedEx at Los Angeles International Airport (U.S.)
Neste and FedEx have agreed on the supply of 8,800 metric tons (> 3 MMgal) of blended Neste MY Sustainable Aviation Fuel to FedEx at Los Angeles International Airport (LAX). It is the largest SAF purchase by a U.S. cargo airline at LAX to-date.
Indonesia's Pertamina refinery unit plans 30-day shutdown of Dumai plant in October
The refining unit of Indonesian state energy company Pertamina plans a 30-day shut down of its Dumai refinery in October, chief executive Taufik Aditiyawarman said.
Fuji Oil cancels Japanese biofuels plant due to high construction costs
Fuji Oil has decided to cancel plans to build a biofuels manufacturing plant at the Sodegaura refinery in Chiba, Japan, due to higher-than-expected construction costs.
Nuberg EPC, EDL sign technical collaboration agreement across several industries
Nuberg EPC and EDL Anlagenbau Gesellschaft mbH (a Pörner Group Company) have signed a Technical Collaboration Agreement to explore engineering and sustainable development opportunities across industries including fuel oil refineries, petrochemical industries, green hydrogen derivatives and sustainable process technologies to accelerate technological excellence and environmental responsibility.
Asian petrochemical producers chase ethane gains as margins dwindle
Several petrochemical producers in Asia plan to reconfigure their crackers to process more ethane to reduce costs and capitalize on rising U.S. supplies as they face thin margins and global oversupply.
China's April refinery output fell 1.4% year-on-year
China's crude oil throughput fell in April from a year earlier, official data showed on Monday, due to maintenance at state-owned refineries and as independent plants curbed output amid poor margins.
Russia's idle oil refining capacity revised up by 30% in May
Russia's offline primary oil refining capacity has been revised up by 29.5% in May from the previous plan to 3.41 MM tonnes (t).
Malaysia's Prefchem restarts gasoline unit after repairs since January
Malaysia's Pengerang Refining Co. (Prefchem) has restarted one of its two residue fluid catalytic cracking (RFCC) units in the past week after shutting it for repairs early this year.
Insight: Lifting U.S. sanctions on Iran could crush China’s 'teapot' oil refineries
The possible lifting of U.S. sanctions on Iran's oil exports could deal a fatal blow to independent Chinese refineries that have thrived by processing Tehran’s discounted crude, while also putting further downward pressure on oil prices.
U.S. EPA to rule on backlog of small refinery biofuel exemption requests
There are 161 applications for exemptions from the U.S. Renewable Fuel Standard pending. The EPA's decision will have significant implications for the multi-billion-dollar credit market that underpins the biofuel program.
- U.S. firms to develop Syria energy masterplan after Trump lifts sanctions 7/18
- Russian seaborne diesel exports for July 1–15 fall 6% month-on-month 7/18
- INEOS invests £30 MM to slash emissions at Hull site by 75% 7/18
- Mitsubishi Chemical Group invests in Licella Holdings, oil conversion technology using supercritical water 7/18
- BASF and Equinor sign 10-yr natural gas supply agreement 7/18
- Oil prices rise after new EU sanctions on Russia 7/18
