Refining
How to make your first $100 MM with digitalization
Digital transformation in the oil and gas industry has spurred a lot of interest from industry professionals over the last decade. However, the implementation of many of these projects has failed to impact the bottom lines of processing plants. While these projects may deliver technological integrations and flashy dashboards, the expected value from these projects may be missing. While this article will not explore the reasons for that, it will define a solid methodology to deliver value constantly.
Greener cleaning solutions in oil and gas: A game changer for sustainability and efficiency
Cleaning and maintaining system components and equipment—such as heat exchangers—can consume significant time and resources. Conventional methods rely heavily on harsh, environmentally harmful agents. This article explores an innovative cleaning solution that offers faster, more-effective cleaning with wide-ranging environmental and operational benefits.
UPM cancels second Rotterdam biomass-to-fuels refinery
UPM plans to discontinue the development of its potential second biomass-to-fuels refinery at the Port of Rotterdam. UPM plans to halt all engineering work related to the CAPEX investment and withdraw from all site-related commitments associated with the Rotterdam investment
ExxonMobil ramps up unit at 250,000-bpd refinery in Joliet, Illinois (U.S.) to full capacity
ExxonMobil's 250,000-bpd refinery in Joliet, Illinois (U.S.) brought the catalytic cracker unit back to full capacity.
Slovak refiner will continue supplies to Czech Republic after sanctions waiver ends
Slovak refinery Slovnaft has secured alternative crude supplies to maintain diesel exports to the Czech market after the June 5 expiry of an EU exemption that allowed it to export products derived from Russian oil.
Indian refiner Reliance's April Russian oil imports up 55% m/m
India's Reliance Industries, operator of the world's biggest refining complex, shipped in about 826,000 bpd of Russian oil in April, up nearly 55% from the previous month.
Canada shift crude oil exports to China, an unintended consequence of U.S. energy tariffs
If there is a law of unintended consequences, then a good example is how commodity markets are adjusting to both the realities and the perceived threats of the tariff war launched by U.S. President Donald Trump. An example of this is seaborne exports of crude oil from Canada, which have shifted away from the United States and towards China, even though Trump backed away from his initial plan to impose a 10% tariff on energy imports from Canada.
Libya says oil leak occurs in pipeline south of Zawiya city
An oil leak forced the shutdown of a pipeline south of Libya's city of Zawiya, the National Oil Corporation (NOC) said on Saturday.
Saudi Arabia's refining boom helps it weather oil price war
Saudi Arabia has been cranking up oil refining operations to capture strong profit margins, helping the kingdom offset revenue lost from declining crude prices and exports.
SOCAR, Gunvor, Bin Butti to bid for refiner Italiana Petroli
State Oil Company of Azerbaijan (SOCAR), global commodity trader Gunvor and Abu Dhabi-based Bin Butti Group are expected to submit binding offers for Italian oil refiner Italiana Petroli (IP) next week.
- Ineos to shut polystyrene facility in Illinois (U.S.) by the end of the year 6/19
- How ASTM approval of methanol-to-jet accelerates SAF at scale 6/19
- EU crafts plan to give industries extra free CO2 permits this year 6/19
- PetroChina forecasts Chinese oil consumption will drop 4.9% this year 6/19
- Digital Exclusive: Water injection pump mechanical seals failure after pump shutdown 6/19
- Russian gasoline output down 25% so far in June after drone attacks on refineries 6/19
