Refining
German government signs off on hydrogen import strategy
Germany's government adopted a strategy for the import of hydrogen to help secure sustainable energy supply as it embarks on creating fossil fuel alternatives for large parts of its industry.
AVEVA’s integrated EPC 4.0 solutions to drive digital twin for Meridian's new greenfield refinery
AVEVA announced a strategic partnership with Meridian Energy Group to develop a digital twin for the first full-conversion refinery built in the U.S. since 1976, and the first modern "greenfield" advanced technology refinery constructed in the U.S. ever.
Boeing to test Firefly Green Fuels' sewage waste to SAF technology
The companies will help in testing and advancing Firefly Green Fuels’ cutting-edge technology to increase sustainable aviation fuel (SAF) production in the UK.
BASF, University of Graz develop new computer-assisted model to optimize biocatalytic production processes
BASF, University of Graz develop new computer-assisted model to optimize biocatalytic production processes The computer model enables a new understanding of enzymatic catalysis, production processes can be scaled up faster from the lab to industrial manufacturing, and it provide greater sustainability in biocatalysis thanks to lowered costs and resource consumption.
U.S. refiners' 2Q profits fall on low margins, soft fuel demand
U.S. oil refiners are expected to report sharply lower 2Q earnings from a year ago after a listless summer driving season that weakened refining margins.
Taiwan's FPCC to restart Mailiao port operations on July 26
Taiwan oil major Formosa Petrochemical Corp. aims to restart operations at its port at the Mailiao refinery on July 26, after shutting down ahead of Typhoon Gaemi's arrival.
Russia: Tuapse oil refinery is still operating after Ukrainian drone strike
Russia's Tuapse oil refinery is still operating, Russian Deputy Prime Minister Alexander Novak said on Tuesday, a day after local authorities reported that the refinery had been damaged in a Ukrainian drone attack.
China's first-half 2024 fuel oil imports slide 11% y/y
China's total fuel oil imports slipped 11% in the first half of 2024, data showed on Saturday, amid a backdrop of weak refining margins and poor fuel demand.
Mexico's Pemex to cut fuel imports to 20,000 bpd by early next year
Mexican state-owned oil company Pemex will reduce its fuel imports in September to some 52,000 bpd and to 20,000 bpd in the first quarter of 2025 as it ramps up production of its own refined products.
India's Reliance misses profit estimates on weak fuel sales margins
Reliance Industries, India's most valuable company, reported 1Q profit below analysts' estimates on Friday, hurt by lower margins on fuel sales.
- 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
