Refining
Online Feature: What you need to know about emergency isolation valves
Whether they are off-the-shelf or custom designed, EIVs are one of the most critical pieces of equipment in a refinery. The proper operation of EIVs is crucial for the safety of the workers in the plant and plant equipment, and lack of performance can be extremely costly.
Kuwait refinery Al Zour issues its first LSFO tender
Kuwait has issued its first tender offering low-sulfur fuel oil (LSFO) from its recently commissioned Al Zour refinery, several industry sources said on Friday.
Italy considers asking for EU embargo waiver to save Lukoil refinery
Italy is considering several options to save a Lukoil-owned refinery in Sicily, including asking the European Union for a temporary waiver on upcoming sanctions on Russian oil.
Refiner Slovnaft to cut Russian oil intake to 60%
Slovakia's sole oil refiner Slovnaft will cut the share of Russian oil in its processing activities next year to about 60% from about 95% and use other blends to comply with sanctions on Russia, the company said.
St. Croix refinery cannot restart without new permit, air pollution tech
The refinery was sold for $62 MM in December 2021 to West Indies Petroleum and Port Hamilton Refining and Transportation, following the bankruptcy of its former private equity owners.
Saudi Aramco to invest in $7 B petchem project in South Korea
Saudi Aramco said it plans to invest in a $7 B project to produce petrochemicals from crude oil at its South Korean affiliate S-Oil Corp's refining complex in the port city of Ulsan.
Lukoil urged to keep Sicilian refinery running as talks drag on
The plant has had to rely solely on Russian oil provided by Lukoil after its creditor banks halted financing and stopped providing guarantees needed to buy oil from alternative suppliers.
Poland's PKN Orlen applied for 3 MMt of Russian oil via Druzhba for 2023
Polish oil refiner PKN Orlen has submitted an application to the Russian oil pipeline monopoly Transneft for the supply of 3 MMt of oil to Poland through the Druzhba pipeline system in 2023 under continuing long-term contracts.
COP27: India lays out plan for long-term decarbonization
India will prioritize a phased transition to cleaner fuels and slashing household consumption to achieve net zero emissions by 2070, according to a national report released Monday at the United Nations COP27 climate summit in Egypt.
Russia price cap could threaten India's oil supplies
India would be one of the countries most exposed if Russia refuses to sell crude oil at the capped price under proposed sanctions to be imposed by the United States and the European Union.
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