Refining

Chevron likely to close deal for Singapore refinery stake sale to Eneos in May

The U.S. major had been expected to complete the deal, valued at $1 B or more, in the first quarter, but the timeline has since been pushed back slightly following a major energy supply disruption caused by the U.S.-Iran war.

Clariant launches new CATOFIN™ 1000 propane dehydrogenation catalyst

Building on the success of the commercially proven CATOFIN 310 Series, the new catalyst delivers improvement in both selectivity and productivity, extended lifetime, and up to 20% lower tar precursors, resulting in significantly reduced fouling.

Emerson and Aramco deploy AI solution aimed at higher refinery yield volume and efficiencies

The collaboration commenced with the integration of Emerson’s Aspen Hybrid Models™ into Aramco’s existing refinery planning framework, resulting in the creation of one of the world’s largest multi-site, multi-period optimization models.

Phillips 66 Limited completes acquisition of Lindsey Oil Refinery assets

The transaction comes after the company previously agreed to the deal in January, stating its intention to integrate key assets into its Humber Refinery operations.

Indian Oil Corp. says diesel, gasoline sales up more than 13% in Apr 1–21

IOC, India’s top fuel retailer and refiner, is meeting the local demand through its over 42,000 fuel stations.

Shell to acquire Canada's ARC in output-boosting $16.4-B deal

ARC's production lies near Shell's existing Canadian fields which feed into the LNG Canada plant, in which Shell holds a 40% share and whose liquefied natural gas can reach Asian buyers more quickly than most other North American LNG.

Brazil to start tests for diesel blend containing 20% biofuel in May

U.S.: Trump grants 90-day Jones Act waiver extension to curb energy costs

The move reflects a broader push by the White House to dampen politically sensitive fuel price spikes ahead of November’s midterm elections, where affordability is expected to be a defining issue for voters.

Cosmo tanker could reach Japan on Sunday with first U.S. shipment post-Iran war

The tanker, loaded in Texas (U.S.) on March 22, is due to arrive off Chiba as early as on April 26 via the Panama Canal.

Russian ESPO premiums ease on weak Chinese refining margins

Spot premiums for Russia's Far East ESPO Blend crude oil delivered to China in June have eased as weak refining margins curbed demand from independent refiners.