Economics
Haldia Petchem plans $10-B oil-to-chemical project in southern India
The Chatterjee Group in talks with local and global companies to partner with its majority-owned petrochemical firm Haldia Petrochemicals Ltd to build a more than $10-B project in southern India.
Phillips 66 on track to achieve full renewable diesel production at Rodeo facility
Independent U.S. oil refiner Phillips 66 said it is in the final stages of converting an oil refinery in California into a renewable fuel plant with a capacity of 50,000 bpd by the end of the second quarter of 2024.
Parkland's Burnaby Refinery safely returned to normal operations
Parkland Corporation announced that the Burnaby refinery safely returned to normal operations on March 29, 2024, following an unplanned shutdown originating from extreme cold weather on January 12, 2024.
Nigeria's Dangote refinery supplies petroleum products to local market
Nigeria's Dangote oil refinery started supplying petroleum products to the local market, a company executive and fuel marketing associations said, a major step in the country's quest for energy independence.
Petroperu announces stoppage at unit at Talara refinery
Peru's state oil firm Petroperu announced the stoppage of a key unit at its recently modernized Talara refinery through the end of June, due to power supply failures and operational problems which had been ongoing since early February.
U.S. petroleum product exports set another record high in 2023
Petroleum product exports from the U.S. averaged a record 6.1 MM bpdy in 2023, an 2.5% increase from 2022, according to EIA's Petroleum Supply Monthly.
Borouge commits to net-zero in its operations by 2045
Borouge, a leading petrochemicals company that provides innovative and differentiated polyolefins solutions, has committed to achieving net-zero across its scope 1 and 2 carbon emissions by 2045.
Evonik advances sustainable production with green electricity for specialty acrylates
Evonik’s Coating & Adhesive Resins Business Line has achieved a significant reduction in carbon emissions by powering the production of DEGACRYL specialty acrylates in Darmstadt with electricity from renewable sources.
The Neste refinery in Porvoo, Finland is gearing up for a significant turnaround in 2024
Neste maintains safe and uninterrupted refinery operations through regularly scheduled maintenance shutdowns, with preparations for the major turnaround at its Porvoo, Finland refinery, which commenced on April 1st, including shutdowns of process units occurring from April to June.
Solvay joins the Cyber Security Coalition to strengthen digital defenses
Solvay has become a member of the Cyber Security Coalition, a key step to strengthen its cyber defense capabilities and build a solid and secure digital ecosystem.
- HIF Global and German eFuel One GmbH sign HoA for e-methanol offtake 2/20
- Venezuela's refineries boost processing to 35% of capacity 2/20
- New Trinidad gas projects could provide necessary feedstock for country's petchem and LNG sectors 2/20
- MK-Polymer delivers ethylene-propylene rubber to JSC Kazenergokabel 2/20
- Mexican authorities shut down 22-m long tunnel used in illegal smuggling of fuel supplies 2/20
- Digital Feature: First-stage ejector nozzle retrofit achieves meaningful performance improvement 2/20
