Economics
Russia's October seaborne diesel exports fall on ban, maintenance
Seaborne diesel and gasoil exports from Russian ports fell 11% in October from a month earlier to about 2.55 MMt due to major maintenance work at refineries and a fuel export ban.
PetroChina aims to resume Venezuelan oil imports after 4-year pause
China's PetroChina is proposing to buy up to 8 million barrels a month of Venezuelan crude from state-run oil company PDVSA hoping to resume a trade suspended four years ago by U.S. sanctions.
Indonesia's palm oil consumption for biodiesel to exceed food for first time in 2023
Indonesia's domestic palm oil consumption for biodiesel will exceed its consumption for food for the first time in 2023, the Indonesia Palm Oil Association said at an industry conference.
Lummus launches upgraded Helixchanger technology
Lummus Technology announced the launch of its latest heat exchanger technology, the Helixchanger 2.0 system.
U.S. SAF production target faces cost, margin challenges
The United States' goal of rapidly ramping up production of SAF may encounter strong headwinds as producers balk at the low margins for the biofuel and some airlines flag concerns over the costly switch.
Belgium drafting new fuel quality law targeting exports to Africa
Belgium is set to shut the door on rising exports of low-quality gasoline and diesel to West Africa as it follows the Netherlands in tightening environmental rules.
API Releases Standard for the Inspection and Assessment of Refractory Linings
The American Petroleum Institute is pleased to announce the publication of Recommended Practice (RP) 982, Inspection and Assessment of Refractory Linings.
The propylene production gap is an opportunity for integrated downstream players—Part 1
Among the challenges in the global crude oil refining industry are the price volatility of raw materials and the pressure from society to reduce environmental impacts, as well as reduced margins.
Executive Viewpoint: Overcoming challenges to build a scalable, reliable clean-H2 economy
The success of the energy transition hinges on creating a sustainable, reliable and affordable energy system for all.
Business Trends: Refinery transactions: A window of opportunity?
In today's rapidly changing energy landscape, refinery transactions have become a focal point of investment discussions.
- Brazil's Petrobras raises jet fuel prices by around 7% in key markets 1/3
- Venezuela's 2024 oil exports climb 10.5% amid political turmoil, refinery outages 1/3
- Russian court tells Yandex to hide images of oil refinery after Ukrainian attacks 1/3
- Singapore's Dec. jet fuel imports hit multi-year high on India, S. Korea supply 1/3
- Palm oil ends with more than 5% weekly losses 1/3
- Fire extinguished at Valero's Three Rivers refinery on New Year's Day 1/2
