Refining
Neste has introduced a new ReNew lubricant product family produced with renewable/re-refined base oils
Neste is introducing a new Neste ReNew™ lubricant product family in Finland, Sweden, the Baltic countries and Poland during the first quarter of 2023. The new lubricants are produced with renewable or re-refined base oils and high-quality additives.
Luberef signs EPC contract for Yanub Growth 2 project
Luberef signs a nearly $150-MM EPC contract to increase Group 2 base oils production in Yanbu.
Yulong Petrochemical signs feedstock deal for its 400,000-bpd integrated complex with bp and Chevron
China's Yulong Petrochemical has signed memorandum of understanding agreements with bp and Chevron to supply its 400,000-bpd greenfield refinery in northern China.
Ecopetrol selects Honeywell Technology for advanced solvent carbon capture study on FCCUs in Colombia
Honeywell has been selected by Ecopetrol S.A. (Ecopetrol), the largest company in Colombia and one of the main diversified energy companies on the American continent, to develop a prefeed engineering study for an Advanced Solvent Carbon Capture (ASCC) modular demonstration unit, which will be used to evaluate carbon dioxide (CO2) capture from Ecopetrol fluid catalytic cracking units (FCCUs).
CNPC shuffles regional offices to better support global portfolio
China's CNPC has completed a months-long reshuffle with the addition of six regional offices that report to Beijing headquarters to better coordinate and supervise its sprawling global portfolio.
U.S. crude oil inventories rose as utilization drops
U.S. crude oil inventories rose for the ninth week in a row, surging to their most since May 2021, as refiners ran less oil during a strong maintenance season.
Pemex issued an "all clear" following fire at its Texas refinery
Mexican state oil company Pemex issued an all clear following a fire in a unit at its 312,500-bpd oil refinery in Texas.
Kuwait to ramp up refined products exports from the 615,000-bpd Al Zour refinery
Kuwait is set to ramp up refined oil product exports from its new Al Zour refinery in the second half of 2023 to plug Russian shortfalls in Europe and meet growing demand in Asia and Africa.
ExxonMobil is planning to startup new CDU at its Beaumont refinery
ExxonMobil is planning to start the new crude distillation unit (CDU) at its 369,024-bpd Beaumont, Texas (U.S.), refinery this weekend.
Copenhagen Infrastructure Partners acquires Envo Biogas project in Tønder, Denmark
Copenhagen Infrastructure Partners has acquired the biogas project Envo Biogas in Tønder, Denmark from Anaergia. The project will produce green gas/fuels from organic waste.
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
