Refining
Relevant Industrial announces acquisition of Loy Instrument Inc.
Relevant Industrial LLC (Relevant), a leading provider of industrial equipment and engineered solutions, has acquired Loy Instrument Inc., a trusted leader in process control and combustion solutions.
Indian state refiners may buy Middle East spot oil to replace Russian shortfall
Indian state refiners are considering tapping the Middle East crude market as spot supply from their top supplier Russia have fallen, in a move that could support prices for high-sulfur oil.
Japan's Taiyo Oil to shut two CDUs at Shikoku refinery for maintenance
Japanese oil refiner Taiyo Oil plans to shut down two crude distillation units (CDUs) at its 138,000-bpd Shikoku refinery in western Japan this week for scheduled maintenance.
Indian Oil to invest $7 B in naphtha cracker project
Indian Oil Corp. (IOC) will invest 610 B rupees ($7 B) to establish a naphtha cracker project in Paradip in the eastern state of Odisha.
Mexico's oil and gas output drops to lowest level all year in November
Mexico's production of liquid hydrocarbon and natural gas in November fell to the lowest levels recorded all year and was well below last year's averages.
Portugal's Galp plans to start producing biofuels in 2026
Portugal's Galp Energia expects to start producing biodiesel and biojet fuel from waste in an industrial-scale unit it is building at its Sines refinery in 2026.
Prax and Shell call off deal on stake in PCK Schwedt oil refinery
Prax and Shell have decided not to proceed with the sale of Shell's share in the PCK Schwedt oil refinery in Germany to Prax.
Nigeria's Dangote Refinery hits 85% refining capacity
Nigeria's Dangote Refinery is now operating at 85% capacity and is on course to deliver European-standard products by January, an executive said on Friday.
India's BPCL buys first Argentinian crude oil cargo for Feb. delivery
India's Bharat Petroleum Corp Ltd. (BPCL) has bought its first crude oil cargo from Argentina, two trade sources said on Friday, part of the company's effort to diversify the grades processed at its refineries.
Sinopec's Zhenhai oil refinery expands capacity to 40 MMtpy
Sinopec's Zhenhai refinery has completed its expansion of oil refining capacity to 40 metric MMtpy, or about 800,000 bpd.
- 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
