Refining
India to drop windfall tax if oil prices fall $40 a barrel
India will only withdraw its windfall tax introduced last week for oil producers and refiners if global prices of crude fall as much as $40 a barrel from present levels.
Production at Venezuela's largest refinery hit by blackout
Production at Venezuela's largest refinery, which can process about 645,000 barrels of oil per day (bpd), was halted late on Saturday by an electrical fault that caused a blackout.
Oriente crude exports suspended, Napo flowing amid force majeure
Exports of Ecuador's flagship Oriente crude remain suspended under a force majeure declaration as the spread of anti-government protests hurts oil output.
Strike underway at Exxon refinery in France
Workers at Exxon's Esso refinery in Fos-sur-Mer in southern France have gone on strike demanding higher wages.
German oil refiner to halt diesel deliveries after lightning strike
German oil refiner Bayernoil GmbH plans to halt deliveries of diesel and heating oil to customers for several days from Thursday after a lightning strike.
Neste invests in its world scale renewable products refinery in Rotterdam
Neste has made the final investment decision to invest into new renewable products production capacity in Rotterdam. The decision is based on demand for renewable products growing substantially with customers' higher climate ambitions.
Howden supplies hydrogen compression solution to refinery expansion mega project
Howden, has signed a contract to supply hydrogen reciprocating compressors for MSB Unit for the Numaligarh Refinery Expansion Project (NREP) in India.
TotalEnergies says it's prepared for strike at French refineries
TotalEnergies has taken logistics measures to make sure its network of petrol stations and its clients will be sufficiently supplied throughout the weekend despite a strike hitting its French oil refineries on Friday.
Cost of Mexico oil refinery rising to up to $12-B, president says
A major new oil refinery under construction on Mexico's Gulf coast will ultimately cost between $11 B and $12 B, up from around $8 B originally estimated by the government.
Neptune Energy, ExxonMobil, Rosewood and EBN to cooperate on L10 carbon capture and storage
Neptune Energy, ExxonMobil subsidiary XTO Netherlands, Ltd., Rosewood Exploration Ltd., and EBN Capital B.V. announced the signing of a Cooperation Agreement to progress the L10 large-scale offshore carbon capture and storage project in the Dutch North Sea.
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
