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Crude oil

Russia's Tuapse oil refinery remains idle after May 17 drone attack

Rosneft's Black Sea oil refinery in Tuapse may remain idle until at least mid-June, despite being repaired after a May 17 drone attack, due to low profitability.

Indian refiner-Reliance-to buy Russian oil in roubles

India's Reliance Industries Ltd., operator of the world's biggest refining complex, has signed a 1-yr deal with Russia's Rosneft to buy at least 3 MMbbls of oil/month in roubles.

ConocoPhillips to buy Marathon Oil in $22.5-B deal as energy mergers roll on

ConocoPhillips has agreed to buy Marathon Oil in a $22.5-B, the latest in a series of mega-mergers in the oil and gas industry as companies look to bolster reserves.

India's Reliance signs 1-yr deal to buy Russian oil in roubles

India's Reliance Industries, operator of the world's biggest refining complex, has signed a 1-yr deal with Russia's Rosneft to buy at least 3 MMbbl of oil a month in roubles.

Brazil's Raizen launches second-generation ethanol plant, mulls new contracts

Brazil's Raizen inaugurated its second cellulosic ethanol plant as part of a plan in which four more production units will be opened by the 2025/26 harvest.

Spain's Repsol receives U.S. license for Venezuela oil, gas projects

Spain's Repsol has received a license from the U.S. Treasury Department authorizing the energy company to continue and expand its oil and gas business in Venezuela.

A multi-objective optimization study for an integrated oil refinery-petrochemical plant—Part 1

University of Bahrain, Department of Engineering Management: Al Anazi, K. Q.  |  Shams, M.B.  |  Al Masri, H.

The study of the ideal integration of an oil refinery and an ethylene production facility has regained interest due to the rising costs of crude oil and its derivatives. This study proposes a multi-objective optimization approach that maximizes the net profit and production of ethylene and propylene in an integrated plant.

A novel process to help refinery operations comply with the U.S. Renewable Fuel Standard

Sustainable Transportation Fuels: Keller, A.  |  Keller, M.  |  Wallsgrove, C.

The Renewable Fuel Standard (RFS) is a regulation that requires refineries in the U.S. to output a certain percentage of their fuel from renewable sources, such as plants or animal waste. The U.S. Environmental Protection Agency (EPA) sets the minimum proportion of renewable fuel every year. The goal of the RFS is to reduce greenhouse gas emissions and dependence on fossil fuels.

Tackle operational challenges with FCC coprocessing applications

BASF: Vincent, G.  |  Riva, S.
Axens: Barrios, F.  |  Dubois, F.
Technip Energies: Golczynski, S.

Refiners are actively developing new solutions to decarbonize their finished products—such as transportation fuels or commodity chemicals—as part of the energy transition. As a result, refiners are now exploring the co-feeding of alternative feedstocks, including renewable and recyclable crude oils, as a means of lowering the carbon footprint of their products.

Hydrocarbon value chain optimization: Non-CAPEX opportunities to improve gross margins for the downstream sector—Part I

Trindent Consulting: Wan, K.Y.

The oil and gas industry comprises some of the most complicated manufacturing processes, involving mining, transportation, refining, distribution and retail.