Refining
Emvolon and Montauk Renewables launch JV to convert biogas into high-value, low-carbon fuel
Following a successful field demonstration project, Emvolon and Montauk plan to deploy a portfolio of biogas-based sites.
Low global diesel supplies support crude prices despite OPEC+ boost
Diesel, the top component of global fuel demand, has been the lone bright spot in an otherwise lackluster oil market this year as refinery closures and a shortage of crude with higher diesel yields have kept inventories below historical norms.
Pakistan Refinery to buy its first Nigerian Bonny Light oil from Vitol
The 500,000-bbl, light-sweet crude cargo is expected to load later this month and arrive in Karachi by late September.
Exports of oil products by private Indian refiners
The South Asian nation became the top buyer of Russian seaborne crude after Moscow's 2022 invasion of Ukraine. Private refiners Reliance Industries and Nayara are Russia's top Indian oil clients.
Russian oil exports will rise after drone strikes shut refineries
The extra oil has the potential to add to downward pressure to the global oil market as supplies are already set to be increased by an output hike agreed on Sunday by OPEC+.
Russia ships first naphtha cargo to Vietnam
Naphtha is a primary feedstock in the petrochemical industry for producing olefins and aromatics, which are then used to manufacture a wide array of products, including plastics, synthetics and various other chemicals, and also used for gasoline blending.
CountryMark refinery (U.S.) to use Topsoe technology for renewable diesel production
Topsoe has been selected as the renewable diesel technology partner for CountryMark’s Mount Vernon, Indiana (U.S.) refinery.
Russia's Ryazan oil refinery halves refining capacity after drone attacks
According to sources, two primary oil refining units were stopped following the drone attacks - CDU-3 with a capacity of 8,600 tonnes (t) per day, and CDU-4 with a capacity of 11,400 tpd.
Brazil's Grupo Potencial to invest $392 MM in corn ethanol plant as part of biofuels complex
Brazil's Grupo Potencial will invest 2 B reais ($392.9 MM) to build a corn ethanol plant in Lapa, Parana state, as part of a plan to develop the world's largest biofuels complex.
Top U.S. refiner Marathon Petroleum beats quarterly profit on higher refining margins
U.S. refiners are posting upbeat quarterly profits, recovering from the losses in the previous quarter on stronger diesel margins.
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
