Refining
Germany's energy crisis powers hydrogen switch
From the moment Russian gas exports to Germany were first disrupted in June, German firm Kelheim Fibers began casting around for alternative options to keep its engines running.
Kuwait's Al Zour offers more low-sulfur fuel oil for January
Kuwait has issued a tender offering three cargoes of low-sulfur fuel oil (LSFO) from its Al Zour refinery, ramping up volumes for January compared with previous months.
Chevron to send 500,000-barrel cargo of Venezuelan oil to its Pascagoula refinery
U.S. oil producer Chevron Corp plans to export this month its first cargo of Venezuelan crude to its Pascagoula, Mississippi refinery following a U.S. license granted last year, according to shipping documents seen by Reuters.
Energy commodity prices in 2022 showed effects of Russia’s full-scale invasion of Ukraine
After increasing 68% from January through June, the energy component of the S&P Goldman Sachs Commodity Index (GSCI) ended the year 10% higher than the first trading day of 2022.
China raises fuel export quotas to spur refinery output
China has raised its first batch of 2023 export quotas for refined oil products by nearly half versus a year ago, China-based consultancies said on Tuesday, to spur refinery output, capture strong export margins and adapt to slow domestic demand.
Russia freezes Linde assets worth $488 MM
A Russian court has ordered nearly $500 MM of assets belonging to German industrial gases company Linde to be frozen at the request of a Russian joint venture building a gas complex.
Vietnam's largest refinery's RFCC unit shut for troubleshooting
Vietnam's largest refinery, Nghi Son Refinery and Petrochemical (NSRP), has shut a residual fluid catalytic cracking (RFCC) unit for "troubleshooting", two sources familiar with the matter said.
Petrobras' next CEO seen overseeing strategic shift with renewables focus
The nomination of a Brazilian senator and longtime energy consultant to lead Petrobras suggests President-elect Luiz Inacio Lula da Silva wants the state-run firm to pivot to more renewable energy projects.
Decarbonization is at the forefront of environmental innovation
Earth’s carbon dioxide levels have increased appreciably within the last several decades, which directly correlates to rising environmental concerns of GHG emissions, pollution and disruptions of marine and terrestrial environments, among others.
Low-capital options to reduce energy costs and greenhouse gas emissions
Improving energy efficiency is an ongoing objective for refineries to benefit operability, throughput and profitability.
- Shell shuts down Singapore oil processing unit to investigate leak 12/27
- Peru declares environmental emergency after oil spill 12/27
- New York (U.S.) to fine fossil fuel companies $75 B under new climate law 12/27
- BPCL plans $11-B refinery and petrochemical project in South India 12/26
- Mexico's new Olmeca refinery operated at 17% of capacity in November 12/26
- Relevant Industrial announces acquisition of Loy Instrument Inc. 12/26
