Refining
Curacao sets talks with U.S.-Brazilian consortium to run island's oil refinery
Curacao will begin negotiations with a seven-company consortium to take over management of the Caribbean island's oil refinery and storage terminal.
Sinopec Shanghai Petchem shut crude, ethylene units after fire
Sinopec Shanghai Petrochemical Co has shut its crude oil refining and ethylene units to evaluate hidden safety risks after a fire on Saturday that hit a chemical facility.
Petrobras CEO resigns amid political blowback on fuel prices
The chief executive of Brazil's state-run oil company Petrobras resigned on Monday in the face of mounting pressure from politicians after the firm announced a fuel price hike last week.
Pinnacle releases Economics of Reliability Report for the refining Industry
The report, which is the seventh installment of Pinnacle’s Economics of Reliability report series, analyzes the impact that reliability has on the refining industry.
U.S. energy chief to discuss record pump prices with refiners next week
U.S. Energy Secretary Jennifer Granholm is expected to meet with refining executives on June 23 as tensions between the White House and the oil industry mount over soaring gasoline prices.
OMV's Schwechat oil refinery at 20% capacity after accident
OMV's 200,000 bpd Schwechat oil refinery is running at 20% capacity with repairs to fix a crude distillation unit set to take several weeks at least.
Mexico president says new Pemex refinery will reach full capacity in 2023
Mexican President Andres Manuel Lopez Obrador said Wednesday that a new refinery owned by state-run Petroleos Mexicanos (Pemex) will reach full operating capacity by next year, despite industry experts saying it will take until at least 2024.
Biden blasts oil refiners for record high gasoline prices, profits
U.S. President Joe Biden demanded oil refining companies explain why they are not putting more gasoline on the market, sharply escalating his rhetoric against industry as he faces pressure over rising prices.
Japan's Idemitsu to slash refinery capacity due to shrinking oil demand
Idemitsu Kosan plans to cut its capacity by 13% in less than two years as the ageing and shrinking population in Japan and the global shift to greener energy eats into household demand for petroleum.
Buyer interest in Exxon's Montana refinery rises with fuel margins
Record-high refining margins have renewed buyer interest in ExxonMobil Corp’s smallest oil refinery, a 61,500 bpd plant in Billings, Montana.
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- Carbon Clean announces successful test of CycloneCC C1 technology at commercial scale 5/15
- INEOS, Royal Wagenborg launch the first European-built offshore CO2 carrier for carbon capture and storage 5/14
- Ayuda en Acción, Indorama Ventures and IMG Group launch major recycling partnership to tackle waste crisis in Mali 5/14
- Syensqo expands Ryton PPS compounding capabilities in the U.S. 5/14
- ClearSign Technologies receives another engineering order for low-emissions flare burner 5/14
