Refining
U.S. to impose further sanctions on Russian oil fleet and traders
The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S. Treasury document circulating among traders in Europe and Asia that drove global oil prices 3% higher on Friday.
Digital Exclusive: Automation and digital technologies' role in the energy transition-A discussion with Yokogawa
Hydrocarbon Processing sat down with Mitsuhiro Yamamoto, Vice President and Executive Officer of the Systems Business Division, Digital Solutions Headquarters, Yokogawa Electric Corporation to discuss the global energy transition, and how digital technologies and automation have and will play a major role in the evolution of the processing industries.
Neste MY Renewable Diesel introduced to the Italian market in collaboration with fuel distributor Firmin
Neste is partnering with the Italian fuel distributor Firmin to make Neste MY Renewable Diesel available for the first time in Italy to contribute to the reduction of greenhouse gas emission in the transport sector.
U.S. DOE and EPA announce $6 MM to support development of advanced biofuels
The U.S. Department of Energy Bioenergy Technologies Office and the U.S. Environmental Protection Agency announced $6 MM in funding for three projects that will advance biofuel development and support U.S. leadership in energy and emissions innovation.
Alleima to supply Preem with heat exchanger tubes for Lysekil refinery conversion
Alleima will supply Preem with heat exchanger tubes to be used in the conversion of the Lysekil refinery from fossil to renewable fuels.
Axens tapped for 3 new Vegan® licenses for SAF and renewable diesel production
Galp, LOKEN and SAFCO Venture Holdings Limited have selected Axens’ Vegan® technology for their hydrogenated vegetable oil and sustainable aviation fuel production facilities located in Portugal, Malaysia and Pakistan.
EIA: U.S. crude stocks fall, fuel inventories rise
U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) said on Wednesday.
Sinopec's Zhenhai refinery says fire at crude unit has been put out
China's Sinopec Zhenhai refinery said a fire that broke out on one of its crude distillation units (CDUs) late on Tuesday had been put out, with no casualties or injuries reported. The incident took place during the commissioning of new units in a major expansion at the plant.
U.S. Gulf Coast fuel oil imports hit record low as Latin America deliveries slow
Fuel oil deliveries into America's largest refining hub on the U.S. Gulf Coast fell to a record low in December, according to data from ship tracker Kpler, as Latin American supplies dried up.
China's Shandong Port, entry point for most sanctioned oil, bans U.S.-designated vessels
Shandong Port Group has banned U.S.-sanctioned tankers from calling into its ports in the eastern Chinese province, home to many independent refiners that are the biggest importers of oil from countries under U.S. embargo.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
