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Refining

Phillips 66 Independent Board Director pens letter to shareholders regarding dispute with Elliott Investment Management

Phillips 66's Independent Board Director Bob Pease has written a letter to the company's shareholders regarding the dispute with Elliott Investment Management.

Minimize risks and unlock profitability with opportunity crudes

This article focuses on new digital technologies that enable refiners to extract the most profit out of opportunity crudes.

Cenovus refinery in Ohio (U.S.) plans to shut multiple units for six weeks of work

Cenovus will begin planned maintenance work on multiple units at its 160,000-bpd refinery in Toledo, Ohio (U.S.) in mid-April.

Motiva Texas refinery (U.S.) preparing second attempt to restart FCCU

Motiva Enterprises is preparing a second attempt to restart the gasoline-producing fluidic catalytic cracker-3 (FCC-3) at its 626,000-bpd Port Arthur, Texas refinery.

bp plans to sell its mobility and convenience business in Austria

bp announced its intention to sell its mobility and convenience business in Austria.The marketing process will begin immediately, with the aim of reaching sale completion by the end of 2025, subject to regulatory and all relevant approvals.

China's Rongsheng Petchem opens Canada office, buys crude from Suncor

China's Rongsheng Petrochemical, China's largest independent refiner with capacity of 40 MMtpy or 800,000 bpd, has opened an office in Canada to buy Canadian crude and made its first purchase from local producer Suncor Energy.

Trump administration (U.S.) tells oil and biofuels groups to hash out new biofuel policy

U.S. President Donald Trump's administration has asked oil and biofuels producers to hash out a deal on the next phase of the nation's biofuels policy to avoid the kind of political clashes that marked his first term.

Eni, Saipem extend collaboration agreement in biorefining

Eni, Saipem extend collaboration agreement in biorefining. Eni will further develop its biorefining capacity through the development of new initiatives for producing biofuels for both aviation and land/maritime transportation. 

Consortium concludes MoU for study on SAF, bio-naphtha and renewable diesel from domestic forest residues

Japan Airlines Co., Ltd., Marubeni Corporation, Mitsubishi Chemical Corporation, Chugoku Lumber Co., Ltd., Boeing Japan KK and Obayashi Corporation have concluded a memorandum of understanding on a preliminary business feasibility study for the manufacture and sale of sustainable aviation fuel, bio-naphtha and renewable diesel from domestic forest residues.

Saudi Aramco looks to invest in Indian refineries

Saudi Aramco is in talks to invest in two planned refineries in India as the world's top oil exporter looks for a stable outlet for its crude in the world's fastest-growing emerging market

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