Refining
Saipem and AVEVA sign MoU to develop AI solutions for engineering in energy and infrastructure sector
Saipem, a global leader in engineering services for the energy and infrastructure sectors, and AVEVA, a global leader in industrial software, have signed a memorandum of understanding (MoU) to co-develop enhanced solutions based on artificial intelligence (AI) and machine-learning to support the engineering design and construction of energy and infrastructure facilities.
BPCL plans $11-B refinery and petrochemical project in South India
India's Bharat Petroleum Corp. plans to invest $11 B in southern Andhra Pradesh state for a new refinery and petrochemical project to meet rising fuel demand in the world's fastest-growing major economy.
Mexico's new Olmeca refinery operated at 17% of capacity in November
Mexican state energy company Pemex resumed refining operations at is new Olmeca refinery in November, working at nearly 17% of its 340,000-bpd capacity after being fully offline in October.
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.
- SkyNRG starts construction on its first SAF plant in Delfzijl, the Netherlands 2/13
- India's Reliance wins U.S. license for Venezuelan oil 2/13
- Singapore light distillates stocks hit over 3-yr high on robust imports 2/13
- Three contractors injured at ExxonMobil facility in Beaumont, Texas (U.S.) 2/13
- China's epic renewables boom lifts it into rare clean capacity club 2/13
- TotalEnergies booked loss in France due to refining activities, CEO says 2/13
