Refining
EIA: U.S. crude stocks, gasoline and distillate inventories fall
U.S. crude stocks, gasoline and distillate inventories fell in the week ending August 16, the U.S. Energy Information Administration (EIA) said on Wednesday.
U.S. FAA awards nearly $300 MM to SAF projects and technologies
The Federal Aviation Administration (FAA) announced that $291 MM in funding was awarded from the Inflation Reduction Act for projects that will help achieve the goal of net-zero greenhouse gas emissions from aviation by 2050.
U.S. West Coast refiners still waiting for TMX margin boost
Canada's expanded Trans Mountain (TMX) oil pipeline, which commenced commercial operations in May, so far has had little impact on crude costs at refineries on the U.S. West Coast.
Ghana begins construction of $12-B petroleum hub
Ghanaian President Nana Akufo-Addo has broken ground on the construction of a 300,000-bpd oil refinery that the government hopes will turn the West African country into the region's petroleum hub.
Process technology: SICK and Endress+Hauser sign strategic partnership
German sensor company SICK and the Swiss measurement and automation technology specialist Endress+Hauser have agreed on a strategic partnership. Endress+Hauser will take over worldwide sales and service of SICK’s process analyzers and gas flowmeters, with a JV to be established for their production and further development.
Shell Singapore shuts Bukom refinery units for maintenance
Shell Singapore has shut one crude distillation unit (CDU) and other facilities at its refinery on Bukom island for a scheduled overhaul.
Russian oil refining volumes up in August
Russian oil companies have boosted oil refining volumes this month as Gazprom plants ramped up output.
Oil spill reported off Venezuela's Caribbean coast
An oil spill, which appeared to originate from Venezuela's El Palito refinery several days ago, has contaminated a bay off the country's north-central coast in the Caribbean Sea.
California aims to tackle pump spikes by requiring gas reserves
California Governor Gavin Newsom proposed a plan on Thursday requiring oil refiners to maintain minimum reserves of gasoline in an effort to prevent price spikes.
U.S. biofuel output capacity rose last year on renewable diesel rush
Five new renewable diesel production plants opened last year, boosting U.S. output of the drop-in diesel substitute and other emerging biofuels by 44% to 282,000 bpd.
- Shell shuts down Singapore oil processing unit to investigate leak 12/27
- Peru declares environmental emergency after oil spill 12/27
- New York (U.S.) to fine fossil fuel companies $75 B under new climate law 12/27
- BPCL plans $11-B refinery and petrochemical project in South India 12/26
- Mexico's new Olmeca refinery operated at 17% of capacity in November 12/26
- Relevant Industrial announces acquisition of Loy Instrument Inc. 12/26
