Americas
Brazil's Petrobras plans to finish RNEST refinery's Train 1 expansion in early 2025
Brazilian state-run oil firm Petrobras, opens new tab said that it plans to finish expansion works on Train One of its Abreu e Lima refinery in the first quarter of 2025, nearly a decade after the expansion was halted due to a massive corruption scandal.
Naphtha markets brace for margin squeeze amid supply glut in 2024
Global naphtha markets will likely suffer from lower profit margins in 2024 as refining and petrochemical capacity expansions in China and the Middle East outpace plastics demand growth globally.
Covestro and Encina reach an agreement for a long-term supply of circular raw materials
Covestro and Encina, a U.S.-based producer of ISCC PLUS certified circular chemicals, reached a long-term supply agreement for chemically recycled, circular feedstock derived from post-consumer end-of-life plastic.
Save the Date for YNOW2024: A Yokogawa Users Conference, October 28-30, 2024, Houston, Texas
Yokogawa Corporation of America and KBC announce YNOW2024, an in-person event taking place October 28-30, 2024, at the Hilton Americas-Houston in Downtown Houston, Texas.
Talos Energy to acquire QuarterNorth Energy for $1.29 B
Oil and gas company Talos Energy said it will acquire privately held QuarterNorth Energy in a $1.29 -B cash and stock deal to bolster its presence in Mexico.
Drawn by low prices, Chinese refiners hunt for oil to replenish stocks
Chinese refiners are actively booking crude oil cargoes for delivery in March and April to replenish stocks, locking-in relatively low prices and in anticipation of stronger demand in the second half of 2024.
More oil tankers shun southern Red Sea after U.S.-led strikes in Yemen
At least six more oil tankers were steering clear of the southern Red Sea, as disruptions on the vital route for energy shipping increase in the wake of U.S.-led strikes against Houthi targets in Yemen.
Greek shipowner seeks U.S. government help with tanker seized by Iran
Empire Navigation Inc, the Greek shipowner of an oil tanker seized by Iran, said it sought any help from the U.S. government in regaining control of its vessel in a U.S. court filing.
Emerson named ‘Industrial IoT Company of the Year’
Global technology and software leader Emerson has been named the IoT Breakthrough “Industrial IoT Company of the Year” for the sixth year.
Alberta examines options for its investment in the Sturgeon Refinery
Alberta Premier Danielle Smith is exploring options to address the province's recent losses stemming from the Sturgeon Refinery.
- India receives fuel oil cargo in Russian SCF tanker after brief halt 4/26
- Biden administration (U.S.) to release SAF tax credit model 4/26
- Boeing, Wagner advance Australia’s SAF Industry 4/26
- S-Oil expects Q2 refining margins to remain steady then trend upward 4/26
- Vitol to charter supertankers from U.S. to Nigeria's Dangote refinery 4/26
- Refiner Valero beats profit estimates on resilient demand, tight supplies 4/26
