Refining
India's Nayara Energy buys only Russian oil in August
The private refiner imported 240,400 bpd of oil in August, an overall decline of 26% from July, tanker data showed.
Tracerco spearheads tracer technology in first U.S. carbon capture and storage (CCS) project
This milestone marks a significant expansion of Tracerco’s carbon authentication capabilities, enabling the tracking, monitoring, and long-term independent verification of CO₂ containment in CCS projects.
Russia’s Novatek redirects gas condensate to Novorossiisk after Ust-Luga complex shutdown
A drone attack caused a fire at Novatek's complex early on August 24 leading all operations, including fuel export loadings, to be fully shut for several days.
Fatal accident at Mongstad refinery
The deceased was employed by Crane Norway, a supplier of crane and lifting services at Mongstad.
Ducon launches R&D program to develop solvent-based carbon capture technology
The program aims to deliver a scalable, cost-effective solution to capture carbon dioxide (CO₂) from flue gas streams across power, cement, steel, oil and gas, and other hard-to-abate industries.
Ketjen completes expansion of its Bayport ZSM-5 facility
Ketjen Corporation proudly marked the official inauguration and ribbon-cutting of its newly expanded ZSM-5 manufacturing plant in Bayport, Texas (U.S.).
Australia promises $735 MM to launch biofuel industry
The money, to be released over 10 yrs from 2028, is intended to stimulate private investment in products like biodiesel and sustainable aviation fuel (SAF).
U.S. EPA keeps all options open in biofuel reallocation proposal
The proposal's failure to narrow down potential options is destined to extend the latest clash between Big Oil and Big Farm over the issue, as both industries vie for influence over U.S. energy and agricultural policy.
Vitol and Glencore to make formal bids for Chevron's Singapore refinery stake
Vitol and Glencore, which have other refining assets in the Asia-Pacific, are keen to acquire more and boost trade volumes in the region.
Summer diesel margins tighten with European supply shift
This summer, Europe’s increased reliance on imports from the Middle East, coupled with conflict-related disruptions to refineries and escalating geopolitical tensions, contributed to a tightened global diesel market.
- 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
