Economics
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.
RINA grants Kindon New Energy Technology Approval in Principle for DAC green methanol offshore platform
The inspection, certification, ship classification and engineering consultancy multinational, RINA, has awarded Kindon New Energy Technology the Approval in Principle for its innovative green methanol offshore production platform solution.
- Saudi Arabia was top buyer of Russian fuel oil and VGO in November 12/23
- Digital Exclusive (sponsored): NXRe™: A novel recycling technology to support the plastics industry in creating efficient and effective circular value chains 12/22
- Portugal's Galp plans to start producing biofuels in 2026 12/20
- Prax and Shell call off deal on stake in PCK Schwedt oil refinery 12/20
- Nigeria's Dangote Refinery hits 85% refining capacity 12/20
- India's BPCL buys first Argentinian crude oil cargo for Feb. delivery 12/20
