Refining
Mexico exports first ULSD cargo from Olmeca refinery amid infrastructure woes
Mexico exported the first cargo of ultra-low sulfur diesel (ULSD) reprocessed in its new Olmeca refinery in early April, as infrastructure to transport the much-needed motor fuel across the country is not ready.
Iran authorities seize two vessels carrying 'smuggled fuel' in Gulf
Iranian Revolutionary Guards seized two Tanzanian-flagged vessels allegedly carrying 1.5 MM liters of "smuggled fuel" in the Gulf
South Korea to implement smaller fuel tax cuts from May
Tax breaks will be extended until the end of June, with the rate adjusted to 10% for gasoline, from the current 15%, and that for diesel and liquefied petroleum gas butane to 15% from 23%.
ITT Goulds Pumps introduces 3430 large double suction pump line
ITT Inc.’s Goulds Pumps has launched its 3430 large double suction pump line, featuring a new design delivering significant advancements in cost, features and hydraulics to the market.
EIA: Distillate and jet fuel contribute to record U.S. petroleum product exports in 2024
In 2024, U.S. exports of total petroleum products increased to a record 6.6 MMbpd annual average, according to the U.S. Energy Information Administration (EIA). Annual U.S. petroleum product exports increased by 495,000 bpd as U.S. exports of distillate fuel oil—typically sold as diesel—and jet fuel increased compared with 2023, while exports of total motor gasoline decreased.
TotalEnergies to shut Antwerp steam cracker at the end of 2027
French oil major TotalEnergies will shut its oldest steam cracker in Antwerp by the end of 2027, citing a "significant surplus of ethylene expected in Europe."
India's Reliance imported 17.3% more Russian oil in March vs. Feb.
India's Reliance Industries, operator of the world's biggest refining complex, imported about 532,700 bpd of Russian oil in March, up 17.3% from February.
India, Saudi Arabia exploring joint refinery, petrochemical projects
India and Saudi Arabia are exploring joint projects in refineries and petrochemicals, Indian Prime Minister Narendra Modi told Arab News in an interview.
China-U.S. trade war redrawing global LPG trading, outlook
The global liquefied petroleum gas (LPG) market is facing an upheaval as high tariffs on U.S. imports force Chinese buyers to swap American cargoes for alternatives from the Middle East, while U.S. shipments divert to Europe and elsewhere in Asia.
Kazakhstan raises gasoline exports plans to 54,283 tons in April
Kazakhstan plans to export 40,000 metric tons of Ai-92 gasoline this month from the Shymkent oil refinery amid plentiful stockpiles, the energy ministry's exporting schedule showed. This would be on top of 14,283 tons already allocated for export from the Condensate refinery.
- Ineos to invest £150 MM at Grangemouth site 12/17
- KBR’s methanol technology selected by Fikrat Al-Tadweer for the first biomethanol plant in Saudi Arabia 12/17
- Digital Exclusive: Root cause analysis on hydrochloric acid corrosion in a diesel hydrotreater unit 12/16
- Digital Feature: Enabling growth through strategic cost optimization for petrochemical and refining companies 12/16
- Rohm awards NextChem feasibility study for PMMA-polymer chemical recycling plant project 12/16
- Westlake to rationalize certain North American chlorovinyl and styrene assets 12/16
