Refining
US court decision may boost biofuels, hit refiners
NEW YORK (Reuters) — The US government may have to require more biofuels to be blended into the country's fuel supply after a court ruled on Friday that the mandates must be reconsidered, a decision that boosted renewable fuel credits to seven-month highs on financial markets.
Shell suspends Pernis refinery loadings after fire
LONDON (Reuters) — Royal Dutch Shell suspended loadings of oil products from its Pernis refinery in the Netherlands following a fire at the plant, the company said in a statement to traders on Sunday.
US oil sale ban to Venezuela's PDVSA would hit refining, blending
HOUSTON (Reuters) — Potential US sanctions on sales of light crude to Venezuela's oil company PDVSA would hamper its already weak refining network while leaving at least one tanker in limbo, according to a source from the state-run firm and Thomson Reuters data.
API: Petroleum demand last month highest for June since 2007
WASHINGTON — Total petroleum deliveries moved up 2.6% from June 2016 and were up by 1.0% from May to average 20.3 MMbpd in June, according to the American Petroleum Institute. These deliveries were the highest deliveries for the year and the highest deliveries for the month of June in 10 yr, since 2007.
Repsol selects Axens’ new generation of hydrocracking catalysts
Among several other customers, Spanish refiner Repsol has selected Craken catalysts for two of its hydrocracking units, one being a repeated order.
KBR wins LBED contract for ammonia plant revamp in Russia
HOUSTON — KBR, Inc. announced that it has been awarded a contract by Dorogobuzh JSC (owned by JSC ACRON) to provide licensing and basic engineering design (LBED) to revamp an ammonia plant—originally built by KBR—located in the Dorogobuzh, Smolensk region of Russia.
S.Korea's SK Innovation sees favorable refining margins in H2
SEOUL (Reuters) — SK Innovation Co Ltd, the owner of South Korea's top refiner, said on Thursday that it expects solid demand to keep refining margins healthy in the second half of this year.
Marathon Petroleum profit misses as refining margin falls
(Reuters) — Refiner Marathon Petroleum Corp's quarterly profit missed Street view as higher crude acquisition costs weighed on its refining and marketing margins.
Saudi Aramco to complete phase 1 of expanded gas pipeline by year end
KHOBAR, Saudi Arabia (Reuters) — Saudi Aramco will complete the first phase of an expansion of the main gas pipeline across Saudi Arabia by the end of this year, the company said in its weekly magazine, part of an effort to meet the kingdom's rising gas demand.
Essar commissions coke drum structure packages for BPCL’s Kochi Refinery
MUMBAI — Essar Projects India Ltd. (EPIL), an EPC contractor, announced the successful testing and commissioning of the coke drum structure package (CDSP) for Bharat Petroleum Corporation Limited’s Kochi Refinery (BPCL-KR). The contract value of this package is Rs. 645 crores.
- Lummus Technology completes acquisition of NAPCON from Neste, expanding digital and AI capabilities 6/2
- IATA expects sustainable aviation fuel production to double in 2025 6/2
- RIC Energy and Siemens to jointly develop renewable H2, green ammonia and eFuels 6/2
- Trump administration (U.S.) axes $3.7-B in green energy projects 6/2
- European chemical industry pessimistic for 2025, recovery not until 2026 says new report 6/2
- U.S. ethanol output eases off record pace as summer travels heat up 6/2
