Refining
Glencore's South African refinery invests in cleaner fuels
Astron Energy, a unit of global commodity trader Glencore, will invest up to 6 B rand ($328 MM) to install new equipment and become compliant with South Africa's cleaner fuel specifications ahead of a 2027 deadline.
U.S. crude stocks, gasoline and distillate inventories fall
U.S. crude stocks, gasoline and distillate inventories fell last week, the Energy Information Administration (EIA) said on Wednesday.
Wärtsilä to test ethanol-fueled engine for large-scale electricity generation
Technology group Wärtsilä has partnered with Brazilian energy company Energetica Suape II S.A, majority owned by Grupo Econômico 4M, to conduct a world-first clean energy trial, which will see ethanol—a biofuel mainly produced from sugarcane—used to generate clean power.
Farnborough Airport, Hydrogen Refinery sign landmark SAF deal to help kick-start UK domestic refining sector
Farnborough Airport, the birthplace of British aviation and Europe’s leading airport for premium air travel connectivity, has signed a landmark deal with Hydrogen Refinery for 12.5 MM liters (l) 10,000 tpy of sustainable aviation fuel (SAF) produced locally from waste.
India's Reliance to stop buying Venezuelan oil over U.S. tariffs
India's Reliance Industries, operator of the world's biggest refining complex, will halt Venezuelan oil imports after the United States announced a 25% tariff on nations buying crude from the South American nation.
Update: Russia's idle oil refining capacity revised up 21% in March
Russia's offline primary oil refining capacity for March was revised up 21% from the previous estimates for this month to 3.6 MM tonnes (t) amid maintenance period extension on several refineries.
Universal Fuel Technologies’ pilot demonstrates new sustainable aviation fuel production pathways
During a five-month pilot, the company demonstrated that its Flexiforming technology can produce high-quality 100% synthetic SAF from multiple renewable feedstocks.
More European oil refineries to close, convert in next 10 yr, panel says
European oil refineries will have to adapt to the energy transition or face a heightened risk of closure by 2035, a panel of executives said at the Financial Times Commodities Global Summit in Lausanne on Monday.
How Russian energy trade might change if sanctions are eased
As talks aimed at ending the war in Ukraine continue, a potential relief in sanctions imposed on Russia, including its vast energy sector, is one of the issues on the agenda.
EIA: Jet fuel made up a record share of U.S. refinery output in 2024
U.S. refineries produced a record-high share of jet fuel in 2024, reflecting increased demand relative to other transportation fuels.
- 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
