U.S.
Chevron reports 2Q earnings miss on weak refining margins
Chevron reported 2Q earnings on Friday that missed Wall Street estimates due to industry-wide pressure from lower refining margins and natural gas prices, sending its shares down 1.5% in premarket trading.
Motiva continues repairs on Texas FCC (U.S.)
Motiva Enterprises was continuing repairs to the shut gasoline-producing fluidic catalytic cracker at its 626,000-bpd Port Arthur, Texas refinery on Wednesday
Canada's crude oil has an increasingly significant role in U.S. refineries
Crude oil imports from Canada have become increasingly important to U.S. oil refineries, now making up most U.S. imports.
JetBlue to buy sustainable jet fuel for use at JFK airport
JetBlue Airways has agreed to procure sustainable aviation fuel (SAF) from a unit of U.S. refiner Valero Energy Corp, which would be distributed by energy firm World Kinect for use in flights from New York's JFK airport.
EIA: U.S. refining capacity increased in 2023 with expansions and existing facilities
U.S. refining capacity increased in 2023 for the second time since the COVID-19 pandemic, according to the U.S. EIA’s annual Refinery Capacity Report. U.S. operable atmospheric crude oil distillation capacity totaled 18.4 MMbpd at the start of 2024, a 2% increase compared with the start of 2023.
Phillips 66 beats 2Q results estimates on midstream unit strength
Refiner Phillips 66 reported quarterly results that beat analysts' estimates, helped in part by strength at its midstream unit, even as it grappled with lower margins due to a tepid summer driving season.
Technip Energies awarded proprietary equipment contract by CP Chem for low-CO2 cracking furnace technology
Technip Energies has been awarded an engineering and procurement contract by Chevron Phillips Chemical for the supply of a proprietary low-emission cracking furnace in an existing olefins unit at its facility in Sweeny, Texas (U.S.).
ExxonMobil signs carbon capture agreement with CF Industries in Mississippi (U.S,)
ExxonMobil has signed its fourth carbon capture and storage agreement with CF Industries. ExxonMobil will transport and permanently store up to 500,000 tpy of captured CO2 from CF Industries’ complex in Yazoo City, Mississippi.
Digital Feature: Paraffin wax: A detailed look at its production process
In this article, ExxonMobil provides a walkthrough of paraffin wax production, highlighting the company's DILCHILL™ process.
AVEVA’s integrated EPC 4.0 solutions to drive digital twin for Meridian's new greenfield refinery
AVEVA announced a strategic partnership with Meridian Energy Group to develop a digital twin for the first full-conversion refinery built in the U.S. since 1976, and the first modern "greenfield" advanced technology refinery constructed in the U.S. ever.
- Borouge, Borealis, CFF and PMS join forces to study polyolefin recycling ecosystem in Indonesia 2/10
- bp's Gelsenkirchen refinery attracts buyer's interest from Klesch 2/10
- Fire at Baiji refinery contained, Iraq's Somo says 2/10
- Hengli Petrochemical sets up Dubai trading subsidiary in expansion 2/10
- Canadian airlines suspend Cuba flights as island set to run out of jet fuel 2/10
- Idemitsu Kosan plans maintenance at Keihin refinery in April 2/10
