Economics
Phillips 66 reports fire at its Billings, Montana, refinery
Phillips 66, said there was a fire at its 60,000-bpd Billings, Montana, refinery which resulted in visible smoke.
Plant's coal exit affirms Solvay’s commitment to pursue sustainable operational practices
From the entrances of its Green River, Wyoming soda ash plant and Brussels headquarters, Solvay leaders announced the successful completion of the North American-based facility’s coal phase-out initiative.
Investors dump oil after U.S. refinery shutdown
Portfolio investors abandoned hope for an early rally in crude prices after a site-wide electricity failure caused an unexpected shutdown in production at bp’s refinery at Whiting in Indiana on Feb. 1
U.S. oil refiners beat Wall Street bets, expect demand to grow in 2024
Major U.S. fuel makers beat Wall Street's earnings expectations in the fourth quarter on strong refining margins and operating performance, and they predicted profits would rise again this year thanks to global demand growth.
ARCC signs contract with SGC Arabia for SEPC ethylene cracker plant expansion in Saudi Arabia
Al Rushid Construction Co. has officially signed a contract with South Korea-based company SGC Arabia to serve as the general contractor for the expansion of the ethylene cracker plant at the Saudi Ethylene and Polyethylene Company.
Shell resumes oil supply to Nigeria's state refinery ahead of restart
Shell Plc's Nigeria unit said it has resumed supply of crude oil from its Bonny export terminal to the state-owned refinery in Port Harcourt which is expected to start operations in the first quarter of this year.
Nigeria's Dangote refinery set to deliver first fuel
Nigeria's newly operating Dangote refinery is due to deliver its first fuel into the local market within weeks in a key milestone toward long sought energy independence for Africa's top oil exporter.
Repsol achieves certification to trade SAF within RSB’s book and claim system
Repsol has received certification by the Roundtable on Sustainable Biomaterials (RSB), giving the company access to sell its SAF within the RSB Book & Claim System.
Shell discloses $14-B cost for petrochemical plant, more than double street estimates
Royal Dutch Shell revealed during its recent fourth-quarter earnings call that the construction costs of its petrochemical plant have surged by 130%, surpassing the original estimate.
BASF to divest shares in its two JVs in Korla, China
As part of BASF’s global strategy for 1,4-butanediol (BDO), BASF has assessed the market environment and product carbon footprints of BDO and its downstream products from different production sites worldwide.
- John Cockerill, Johnson Matthey and ETFuels partner for 120,000-tpy Texas (U.S.) e-methanol project 12/24
- 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
