Refining
Global glut of oil products threatens crude recovery
Gasoline and diesel stockpiles have swollen to record highs across the globe, leaving refiners and traders few places to dump excess supplies and threatening large-scale production cuts that could derail an oil price recovery.
Porner begins construction of bitumen blowing unit at SOCAR’s Heydar Aliyev refinery
Austrian company Porner was awarded an engineering, construction and management (EPCM) contract for the construction of a new bitumen blowing unit at SOCAR’s Heydar Aliyev oil refinery.
Essar signs deal to supply aviation fuel direct to Emirate
Essar Oil (UK) Limited, the owner and operator of the Stanlow Refinery at Ellesmere Port, signed its first agreement for the direct supply of aviation fuel to a commercial carrier, Emirates airline, at Manchester Airport.
Ship and Shore Environmental introduces new emerging vapor recovery and destruction solution
S&SE’s proprietary method bypasses carbon using a unique vapor recovery solution that is more effective and offers superior results.
Siemens energizes high-voltage substations at KNPC’s Clean Fuels Project in Kuwait
Siemens has energized the high-voltage substations as part of a greenfield development under KNPC’s Clean Fuels Project at Mina Al Ahmadi (MAA) and Mina Abdullah (MAB) refineries in Kuwait, paving the way for a significant capacity boost and increasing power stability at the two facilities.
Essar Oil’s Vadinar refinery recognized as “Refinery of the Year” by PetroFed
Essar Oil’s 20 MMtpy Vadinar refinery received the coveted “Refinery of the Year’’ award by Petroleum Federation of India.
Idemitsu family issues fresh call for management to end Showa Shell merger
The founding family of Japan's Idemitsu Kosan Co. Ltd. has made a fresh call on management to give up its plan to merge with rival oil refiner Showa Shell Sekiyu KK.
China fuel exports hit record in July, crude imports up 1.2%
China's fuel exports rose to a record in July as easing demand growth and a surplus in refined oil products pushed refiners to increase shipments to overseas buyers.
Honeywell's Envergent rapid thermal processing technology to be used in new renewable fuels facility in Quebec
Cote Nord project to produce 10 M gallons/year of renewable fuels from forest residuals.
Essar Oil to upgrade Vadinar refinery
Essar Oil Ltd.’s 20 MMtpy Vadinar refinery is looking at earning an additional $1.50/bbl crude on its Gross Refinery Margin.
- BASF and Yara end joint project for low-carbon ammonia at U.S. Gulf Coast 8/26
- U.S. jet fuel consumption growth slows after air travel recovers from pandemic slowdown 8/26
- ExxonMobil announces Group III base stocks production 8/26
- Saudi Arabia and India were biggest buyers of Russian fuel oil, VGO in July 8/26
- Russia raises August oil export plan after drone strikes continue to disrupt refineries 8/26
- Foundation Alloy debuts Molyclast—A new standard in high-performance refractory alloys 8/26
