Refining
Iraq in talks with ExxonMobil on Asian refining capacities
Iraq's state oil company SOMO is in advanced talks with ExxonMobil over a possible agreement to secure storage capacity in Singapore using tanks owned by the U.S. oil major, as well as refinery capacity deals.
TotalEnergies sees Brent-Dubai crude price gap remaining negative, making sweet grades more attractive to Asian refiners
The price gap between Brent and Dubai crude is expected to remain negative due to strong demand for heavier Middle Eastern oil, despite increasing supplies from OPEC nations
Chevron seeks diversified approach to refinery investments
"There'll be places like Korea where we go investment heavy in petrochemicals and in heavy oil upgrading."
China oil demand to peak in 2027, up 100,000 bpd this year
China's total oil demand including all products is set to peak in 2027, with a rise of about 100,000 bpd this year driven by increased volumes from the petrochemicals sector, a state oil researcher said.
BAPCO expects to commission 400,000-bpd Sitra refinery in Q4
Bahrain's state oil firm Bapco Energies expects to commission its Sitra refinery expansion in the fourth quarter of this year, and will be looking to buy heavier crudes than it now runs and more LNG
Ukraine says it attacks Russian refinery at Ryazan, oil depot at Luhansk
Ukraine attacked Russia's Ryazan oil refinery, the commander of its drone forces, Robert Brovdi, said on messaging app Telegram on Friday, as well as an oil depot in the occupied Luhansk region.
U.S. crude stockpiles rise as refineries begin maintenance
U.S. crude oil inventories rose last week as refineries headed into maintenance season, while gasoline stocks fell ahead of the long Labor Day weekend, data from the Energy Information Administration showed.
Digital Exclusive: Improving rotor performance with the high-speed balancing bunker
This technical article demonstrates how a novel high-speed balancing bunker serves as a critical resource for maintaining the performance and reliability of high-speed rotors in turbomachinery.
- Kumho Mitsui Chemicals to increase capacity of MDI production facilities 12/15
- ABS, Eneos, NYK Line and Seacor Holdings launch joint study to develop a methanol marine fuel supply network in the U.S. 12/15
- ENEOS accelerates AI-driven materials discovery of immersion cooling fluids and novel catalysts Using NVIDIA ALCHEMI 12/15
- SAMSUNG E&A wins FEED contract for nearly $5-B SAF plant in the U.S. 12/15
- KBR wins green ammonia project by IGNIS in Spain 12/15
- Phillips 66 announces $2.4-B capital budget for 2026 12/15
