Refining
Phillips 66 refineries to run between low to mid 90% range capacity in Q4 2024
U.S. crude oil refiner Phillips 66 plans to operate its refineries in the low to mid-90% range of combined capacity of 1.5 MMbpd in the fourth quarter.
Refiner Phillips 66 reports 3Q profit beat on midstream, chemicals strength
Phillips 66 beat quarterly profit estimates on Tuesday as strength in its chemicals and midstream segments helped the refiner more than offset a slump in refining margins from lackluster fuel demand.
Canada's renewable diesel projects hit by U.S. import surge
Canadian renewable fuel producers are facing lower returns on new facilities due to a slump in British Columbia's low carbon fuel standard (LCFS) credit market, a trend expected to persist amid a flood of exports from the United States.
Enterprise opens new facility in Utah to expand strategic fuel storage
Enterprise Products Partners said the second phase of its Texas Western Products System, which houses 400,000 bpd of gasoline and diesel, was now complete with truck loading operations beginning at company's fuel terminal located in Utah.
Angola's Cabinda oil refinery to start up by April
Angola's Cabinda oil refinery is set to begin production by April, as it completes its first phase just ahead of schedule but over budget.
Carbon Clean announces fully column-less carbon capture with launch of CycloneCC C1 series
Carbon Clean, a leader in revolutionizing carbon capture solutions, has launched its breakthrough CycloneCC C1 series, marking the penultimate stage in the technology’s commercialization.
U.S. West Coast refiners boost imports of light Canadian crude
Canadian waterborne exports of light crude to the U.S. West Coast have surged since the Trans Mountain pipeline expansion (TMX) began operating in May, data shows, surprising some market participants who thought it would mainly be used to send heavy crude to Asia and California.
U.S. Steelworkers union looks to clean energy to replace job losses at oil refineries
The United Steelworkers union is counting on clean energy projects to spur membership growth, offsetting losses at oil refining and petrochemical plants.
PetroChina set to shut top north China refinery in 2025
PetroChina is set to shut its largest domestic oil refinery around mid-2025, the country's first major closure at a state-run plant and part of a long-mooted project to replace it with a smaller facility at a new site.
Sinopec's 3Q earnings fall 52.1% on lower oil prices, refining margins
Chinese refiner Sinopec posted a 52.1% year-on-year decline in net profit to 8.54 B yuan ($1.2 B) for the third quarter because of lower oil prices and weak refining margins.
- Indonesia's Danantara awards $8-B EPC contract for modular refinery builds 7/22
- ABB wins a contract to support the electrification of Azerbaijan oil and gas terminal facility 7/22
- Gasoline cars banned ride-hailing platforms in Beijing 7/22
- bp-chartered tanker leaves port of Nayara Energy without loading diesel 7/22
- Britain's Lindsey oil refinery to close after no buyer found 7/22
- Data and digital: TotalEnergies and Emerson sign a strategic collaboration to boost the value of industrial data 7/22
