Crude oil
U.S. speeds up purchasing for Strategic Petroleum Reserve as oil prices dip
U.S. President Joe Biden's administration said on Friday it has increased purchasing of crude oil to replenish the Strategic Petroleum Reserve following its historic sale from the stockpile in 2022.
India's May fuel use inches up on month on strong industrial activity
India's fuel consumption edged higher in May from the previous month, as strong industrial activity and general elections boosted fuel demand in Asia's third-largest economy.
Sulzer's MellapakEvo maximizes vapor-liquid interaction and improves liquid distribution
As industry demands grew for solutions offering higher capacity and efficiency, Sulzer responded in 1999 with its structured packing MellapakPlus. This new packing generation featured an enhanced corrugation profile, reducing liquid holdup at interfaces between packing elements and significantly boosting column capacity.
Element Fuels readies site for H2-powered refinery in south Texas (U.S.)
Located within the Port of Brownsville, the complex is designed to exclusively process domestic high-gravity shale oil into high-octane, low-carbon fuels and low-carbon hydrogen, produce reliable electricity.
Consortia target Citgo's Texas refinery as auction deadline looms
Citgo Petroleum's smallest and least profitable oil refinery has been thrust into the spotlight as a potential breakout candidate ahead of next week's court auction to pay over $20 B in Venezuela-related claims.
Asia high-sulfur fuel oil market to take a breather in strong rally
A rally in Asia's high-sulfur fuel oil (HSFO) market, boosted by lower Middle East exports and OPEC+ cuts, is expected to take a breather as Russian exports remain elevated and will ease tight supply.
Talks end on Shell MiRO refinery stake sale to Czech firm
Talks on the sale of Shell Deutschland's 32.5% stake in Mineraloelraffinerie Oberrhein GmbH (MiRO) in the southern German city of Karlsruhe to Czech state-owned pipeline operator MERO have ended without an agreement.
Taiwan's Formosa plans June run cuts due to weak refining margins
Due to weak margins, Taiwan's Formosa Petrochemical Corp plans to cut run rates at its crude distillation units by 40,000 barrels per day (bpd) to 440,000 bpd in June.
Neste completes major turnaround at Porvoo refinery
The nearly 400-MM euro turnaround of Neste’s Porvoo refinery in Finland has been successfully completed, and crude oil processing and renewable and circular raw materials processing has begun operations.
EIA: U.S. crude stocks, gasoline and distillate inventories rise
U.S. crude stocks, gasoline and distillate inventories rose last week, the U.S. Energy Information Administration (EIA) said on Wednesday.
- Petrobras wrapping up due diligence to buy back refinery from Mubadala 7/26
- US court rejects EPA denials of 2022 small refinery biofuel waivers 7/26
- Mexico seeks more 2025 fuel import deals after refinery delays 7/26
- PETRONAS, Eni and Euglena reach FID to construct a biorefinery in Malaysia 7/26
- ExxonMobil signs carbon capture agreement with CF Industries in Mississippi (U.S,) 7/26
- WoodMac: LNG truck sales impacting Chinese road diesel demand 7/26
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
