Hydrocarbon Processing Neste invests in its world scale renewable products refinery in Rotterdam Neste has made the final investment decision to invest into new renewable products production capacity in Rotterdam. The decision is based on demand for renewable products growing substantially with customers' higher climate ambitions. Howden supplies hydrogen compression solution to refinery expansion mega project Howden, has signed a contract to supply hydrogen reciprocating compressors for MSB Unit for the Numaligarh Refinery Expansion Project (NREP) in India. TotalEnergies says it's prepared for strike at French refineries TotalEnergies has taken logistics measures to make sure its network of petrol stations and its clients will be sufficiently supplied throughout the weekend despite a strike hitting its French oil refineries on Friday. Cost of Mexico oil refinery rising to up to $12-B, president says A major new oil refinery under construction on Mexico's Gulf coast will ultimately cost between $11 B and $12 B, up from around $8 B originally estimated by the government. Neptune Energy, ExxonMobil, Rosewood and EBN to cooperate on L10 carbon capture and storage Neptune Energy, ExxonMobil subsidiary XTO Netherlands, Ltd., Rosewood Exploration Ltd., and EBN Capital B.V. announced the signing of a Cooperation Agreement to progress the L10 large-scale offshore carbon capture and storage project in the Dutch North Sea. Brazil's Petrobras buys first cargo of Guyanese crude for refining Petrobras has bought its first cargo of Guyanese crude for refining domestically as South America's newest producer expands its market reach. Curacao sets talks with U.S.-Brazilian consortium to run island's oil refinery Curacao will begin negotiations with a seven-company consortium to take over management of the Caribbean island's oil refinery and storage terminal. Sinopec Shanghai Petchem shut crude, ethylene units after fire Sinopec Shanghai Petrochemical Co has shut its crude oil refining and ethylene units to evaluate hidden safety risks after a fire on Saturday that hit a chemical facility. Petrobras CEO resigns amid political blowback on fuel prices The chief executive of Brazil's state-run oil company Petrobras resigned on Monday in the face of mounting pressure from politicians after the firm announced a fuel price hike last week. Pinnacle releases Economics of Reliability Report for the refining Industry The report, which is the seventh installment of Pinnacle’s Economics of Reliability report series, analyzes the impact that reliability has on the refining industry.