Refining
Asia refining margins at lowest seasonal levels since 2020 as supplies grow
Asian refiners' margins slumped to their lowest seasonal levels since 2020 this week as supplies of diesel and gasoline rose after peak summer travel demand ended
Port of Rotterdam power outage affects bp's refining operations
A power outage in the Rotterdam port area in the Netherlands briefly interrupted operations at bp's 400,000-bpd oil refinery.
Marathon's Detroit refinery workers to strike starting Wednesday, Teamsters says
About half of the workforce at Marathon Petroleum's Detroit (U.S.) refinery will begin striking on Wednesday, following months of unsuccessful negotiations over pay and safety concerns.
Oxylus Energy raises $4.5 MM seed round for clean fuel technology
Oxylus' solution is the first low-temperature and low-pressure conversion of carbon dioxide to green methanol. The methanol can be used as a drop-in fuel replacement or upgraded to jet fuel and other green petrochemicals.
Nigeria's Dangote refinery releases gasoline into the local market
Nigeria's $20-B Dangote oil refinery on Tuesday has begun supplying gasoline into the Nigerian market, a move its owner Aliko Dangote said will end billions of dollars spent on imports.
Russia says Ukrainian drones target refinery, power plants near Moscow
Ukraine launched waves of drone attacks targeting power plants and a refinery near Moscow, sparking fires, while more than 150 drones were destroyed across other parts of the country.
Germany extends trusteeship over Rosneft assets
The German government extended its trusteeship over the local units of Russia's Rosneft until March 10 next year in anticipation of a sale of the assets to Qatar.
South Korea plans mix of sustainable aviation fuel for international flights from 2027
South Korea aims to ensure all departing international flights use a mix of about 1% of sustainable aviation fuel (SAF) from 2027. The step aims to prepare for a carbon offset and reduction scheme that becomes mandatory for members of the International Civil Aviation Organization (ICAO) starting from that year.
India's Bharat Petroleum Corp. to boost integrated refining-petrochemical capacity by 2030
India's Bharat Petroleum Corp plans to increase its integrated refining and petrochemical capacities within the next 5 yr-7yr to meet growing energy demand. India's annual consumption of refined fuels and petrochemicals is expected to rise steadily by 4%-5% and 7%-8% in the 'foreseeable future'.
U.S. EPA extends emergency fuel waiver for Midwest states due to refinery outage
The U.S. Environmental Protection Agency extended the emergency waiver for the second time in response to fuel shortages in four Midwest states where the gasoline supply has been impacted by the outage of ExxonMobil's 251,800-bpd refinery in Joliet, Illinois.
- SIBUR produces test batch of first hexane plant in Russia 8/28
- Universal Fuel Technologies’ SAF accepted into ASTM Clearinghouse for qualification 8/28
- Honeywell technology to fuel Syzygy Plasmonics' SAF project 8/28
- Sinopec wins engineering contract for Saudi Arabian green hydrogen/ammonia project 8/28
- Russia's idle oil refining capacity record high after Ukrainian drone attacks 8/28
- Brazil approves temporary antidumping measures against Canadian, U.S. polyethylene resins 8/28
