Refining
Oil refiners adding renewable feedstock to produce cleaner fuels
Oil refiners are increasing their efforts to blend renewable feedstocks such as used cooking oil into their crude refining streams to meet global demand for cleaner fuels.
PBF says no estimate on duration of Martinez, California (U.S.) refinery outage
Independent U.S. refiner PBF Energy said it has no estimate for how long its 156,400-bpd Martinez, California, refinery will remain shut following a fire on February 1, according to a statement released on Thursday.
Russia's Ryazan oil refinery partially resumes operations
Russia's Ryazan oil refinery partially resumed oil processing and loading of motor fuels to railway tanks on February 11 after staying idle for 18 days.
U.S. Republican senators call for $1,000 tax on new EV sales to pay for road repairs
A group of Senate Republicans on Wednesday proposed a $1,000 tax on new electric vehicle purchases to account for the cost of federal road repairs. Most revenue for federally funded road repairs is collected through taxes on diesel and gasoline, which EVs do not pay.
Chevron to lay off up to 20% of global workforce
Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said, as it seeks to cut costs, simplify its business and complete a major acquisition.
MOL Group successfully tested the production of HVO and SAF at Eastern European refinery
MOL Group has produced a diesel fuel containing hydrotreated vegetable oil and sustainable aviation fuel at its refinery in Slovnaft, Bratislava, readying the production of alternative synthetic fuels, which is part of the company’s long-term SHAPE TOMORROW strategy.
Pacific Future Energy officially cancels refinery project in British Columbia, Canada
Pacific Future Energy has officially cancelled its proposal to build a 200,000-bpd refinery on the West Coast of Canada aimed at exporting refined petroleum products to Asia.
Alternative Chinese terminals emerge to take in sanctioned tankers
A handful of newer Chinese terminals recently began receiving oil tankers sanctioned by the U.S., according to five sources and shipping data, providing logistics relief after a major port operator unexpectedly banned such deliveries last month.
Finland's Neste to slash around 600 jobs as quarterly core profit slumps on excess renewable fuel supply
Finnish oil refiner and biofuel maker Neste will slash around 600 positions as excess supply in the renewable fuel market caused a slump in quarterly core profit.
Magnon project in Huelva to capture biogenic CO2 to produce renewable fuels
Magnon Green Energy, the Ence Group’s energy subsidiary, is promoting a pioneering project for the capture and recovery of biogenic carbon dioxide (CO2) at its biomass-based renewable electricity generation plant in Huelva, Spain.
- 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
- Petrobras strike hits eight refineries on second day 12/17
- Shell seeks buyers for stake in Germany's Schwedt refinery 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
