Refining
Portugal's chemicals sector needs to spend $35 B on decarbonization, industry group says
The sector currently invests an average of around €1 B per year in growth, manufacturing processes, and energy efficiency, but only a portion is targeted at decarbonization.
Slovak refiner Slovnaft says Croatia's Janaf cuts supply of non-Russian crude
Slovnaft, part of Hungary's oil and gas group MOL, mostly processes Russian oil and has an exemption to EU sanctions that allows it to export products derived from those deliveries.
Mexico's Pemex pumps less, refines more in third quarter
With many fields declining rapidly - especially former star producers in the Gulf of Mexico - and many new discoveries not living up to expectations, the behemoth has struggled to meet the government's ambitious production goal of 1.8 MMbpd.
Honeywell introduces new, innovative technology that produces low-cost, high quality renewable fuels from biomass
Honeywell has introduced a breakthrough technology that converts agricultural and forestry waste into ready-to-use renewable fuels for hard-to-abate sectors, such as the maritime industry.
Asia refining margins soar as sanctions threaten Russian supplies
The strength has mainly been driven by the global diesel market, which has staged an upward swing in recent weeks on robust demand and tighter supply prospects.
BPCL, Oil India to build $11-B refinery, petchem complex in southern state
Oil India is considering taking a 10%–20% stake in the planned refinery in Andhra Pradesh state, while BPCL is seeking additional partners for the project.
- 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

