Refining
TotalEnergies says oil production to hit high end of Q2 guidance
French oil major TotalEnergies said on Tuesday its 2Q hydrocarbon production levels will hit the top end of its guidance range, while pressure on refining margins will be partly alleviated by higher refinery utilization.
Japan to boost jet fuel production and imports amid tourism boom
Japan plans to increase jet fuel production and imports to address an increase in demand from flights amid a boom in tourism.
Audi, bp team up with strategic sustainable fuels partnership for Formula 1
Audi and bp are joining forces in an extensive new strategic partnership in Formula 1, focused on adhering to new FIA F1 Technical Regulations featuring enhanced electrification and use of Advanced Sustainable fuels.
Singapore's 1H 2024 bunker sales rise on year but June sees a monthly decline
Sales of marine bunker fuel at Singapore climbed 8.5% in 1H 2024, official data showed on Monday, as shipping disruptions in the Red Sea boosted global bunkering demand, though demand slowed month-on-month in June.
Nigeria's NNPC stake in Dangote refinery reduced over non-payment
Nigerian state-owned oil firm NNPC’s shareholding in Dangote refinery has been whittled down to 7.2% from 20% after failing to pay the balance of funding owed.
Russian oil refineries cut processing 4% y/y in January–June
Russian oil refineries reduced their throughput in the first half of the year by 4% year on year (y/y) to 131.8 metric MMt, calculations based on data from industry sources showed on Monday, as Ukraine hit the facilities with drones.
Japan, S. Korea refiners join China in buying Canadian TMX oil
Asia's crude oil imports from Canada's newly expanded Trans Mountain pipeline will rise in September as major refiners in Japan and South Korea and a refinery in Brunei have bought their first cargoes alongside China.
Evonik expands sodium methylate production in Argentina to meet growing demand for biofuels
Evonik has announced the expansion of its sodium methylate production capacity at its Rosario plant, located in the Sante Fé Province in Argentina.
AXION Energy revolutionizes operator training with virtual reality technology
AXION Energy has introduced the use of virtual reality headsets for training their operators at the Campana refinery. This initiative will create immersive spaces to resolve issues in real-time, including the selection and use of tools and enhancing the learning experience.
U.S. West Coast refinery margins slump despite reduced capacity
U.S. refiners are making less money turning crude oil into fuels on the West Coast as the region's gasoline inventories grow and the use of biofuels increases.
- Hanwha Ocean signs strategic MoU with Kanata Clean Power for proposed $15.7-B, 12-MMtpy FLNG project in Canada 6/18
- Burckhardt Compression secures milestone order for first industrial scale liquefied CO₂ carrier supporting Northern Lights CCS project 6/18
- Dynelectro dispatches 250-kW electrolyzer unit to Syntholene’s Iceland eSAF project 6/18
- EIA: U.S. crude inventories decline for tenth week to over 40-yr low 6/18
- Australia opens first carbon refinery, making new products from captured CO2 6/18
- ABB expands non-invasive sensing portfolio to advance simpler, safer temperature measurement 6/18
