Americas
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.
Petrobras wrapping up due diligence to buy back refinery from Mubadala
Brazil's state-run oil company Petrobras is wrapping up due diligence for a bid on the Mataripe refinery it sold to Abu Dhabi sovereign fund Mubadala for $1.65 B in 2021.
Mexico seeks more 2025 fuel import deals after refinery delays
Mexico is seeking to import more motor fuel for next year than it had previously planned, to compensate for delays in the startup of its new Olmeca refinery.
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.
India's Reliance gets U.S. nod to import oil from Venezuela
India's Reliance Industries has received approval from the U.S. to resume importing oil from Venezuela despite Washington's sanctions.
Puerto Bahía and GASCO agree to pursue LPG project in Cartagena, Colombia
Frontera Energy Corp. has announced that its subsidiary, Sociedad Portuaria Puerto Bahía S.A. and Gasco Soluciones Logísticas y Energéticas S.A.S. (GASCO) have entered into a framework collaboration agreement to jointly pursue a liquified petroleum gas (LPG) project at Puerto Bahía's state-of-the-art liquids and dry cargo port terminal strategically located in the Bay of Cartagena, Colombia.
Mexico's Pemex to cut fuel imports to 20,000 bpd by early next year
Mexican state-owned oil company Pemex will reduce its fuel imports in September to some 52,000 bpd and to 20,000 bpd in the first quarter of 2025 as it ramps up production of its own refined products.
Argentine biofuels chamber calls new U.S. biodiesel duties illegal
The U.S. Commerce Department slapped anti-dumping duties of between 60.44% to 276.65% on biodiesel from Argentina and Indonesia, on top of already steep anti-subsidy duties. The Argentine Chamber of Biofuels said that increased U.S. duties on Argentine biodiesel were "arbitrary and illegal" and would shut Argentina out of the market in the U.S.
Petrobras and Braskem complete tests for renewable content chemical product
Petrobras has successfully finished a series of industrial-scale tests to produce a light hydrocarbon stream (LHR) rich in ethylene, incorporating renewable content. Over the past year, this project, in collaboration with Braskem, has developed a viable renewable raw material for the chemical industry.
Methanex and Entropy partner to reduce emissions in methanol production
Methanex Corporation and Entropy Inc. have entered into an agreement to invest in a preliminary front-end engineering and design (pre-FEED) study for carbon capture, utilization and sequestration deployment at Methanex’s Medicine Hat, Alberta facility.
- Emerson’s ‘Project Beyond’ to modernize and seamlessly integrate the industrial automation technology stack 5/20
- Neste starts SAF production at its Rotterdam refinery 5/20
- ADNOC and EGA sign $500-MM deal to localize supply of key raw material in aluminum production 5/20
- hte and Heraeus Precious Metals collaborate on catalytic ammonia cracking 5/20
- HPCL aims to start crude unit at 9-MMtpy Rajasthan refinery (India) in October 5/20
- Russia in favor of extending partial gasoline export ban 5/20
