Refining

U.S. imposes new sanctions on Iran oil exports, targets Chinese firms

The United States imposed sanctions on companies it accused of involvement in Iran's petrochemical and petroleum trade, including five based in China, pressuring Tehran as it seeks to revive the 2015 Iran nuclear deal.

What is the Top Refining project of 2022?

It's that time of year again! We are asking our global reach of refining and petrochemical professionals to vote on the top projects of the year.

AFPM, API joint statement on White House, DOE meeting with U.S. refiners

The American Fuel & Petrochemical Manufacturers (AFPM) and American Petroleum Institute released the following statement after a meeting with leaders of the top U.S. refining companies.

Technip Energies announces award for contract FEED for INEOS’ project

Technip Energies has been awarded a large contract for the proprietary equipment supply for INEOS Olefins Belgium NV’s 1,450,000 tpy ethane cracker in Antwerp, Belgium.

China may extend refined fuel export quota into next year

China may tweak a proposed sharp increase in refined fuel export quotas for this year by extending the plan into next year, as it weighs the benefits to the economy of higher exports against low domestic stocks and operational challenges.

bp layoffs at Ohio refinery after fire indicate prolonged shutdown

bp laid off most contractors at the approximately 160,000 barrel-per-day Toledo, Ohio, refinery it owns with Cenovus Energy Inc, indicating that the plant will experience a prolonged shutdown following last week's explosion and fire.

Strikes knock already struggling French refined products sector

More than 60% of France's refining capacity is offline as strikes over pay and unplanned maintenance pile pressure on the refined products sector.

BASF and GS Engineering and Construction intend to jointly develop modular solutions for carbon capture

The partners want to develop individual package solutions from standardized elements for customers from all industries in order to remove CO2 from exhaust gases and process it so that it can be further utilized or stored.

Strike action, outages in France's refined product sector

France's refined products sector is under strain as a result of strike action over pay and unplanned maintenance which have led to more than 40% of its refining capacity being taken offline.

Niger suspends oil product deliveries to Mali, except for U.N.

Niger has temporarily stopped issuing authorizations for oil product deliveries to neighboring Mali unless they are destined to the United Nations peacekeeping mission there, the government said.