Refining
Update: Microsoft restores services to Russia-backed Nayara Energy
Microsoft suspended service after the EU introduced its fresh round of sanctions on July 18 against Russia and its energy sector that also cover Nayara, majority owned by Russian entities such as oil major Rosneft.
U.S. crude stocks and distillate inventories rise, gasoline inventories fall
U.S. crude stocks and distillate inventories rose while gasoline inventories fell in the week ending July 25, the Energy Information Administration (EIA) said.
Mexico exports 39% less crude oil in June, refining and fuel production increase significantly
In May, Pemex's international trading arm, PMI, forecast that the company would export less this year because more would be sent to local refineries, including to its new Olmeca refinery in the port of Dos Bocas.
CLG and INA successfully produce SAF from biogenic feedstock
Chevron Lummus Global (CLG) announced a successful commercial test for co-processing biogenic feedstocks and fossil feedstocks at INA Group's Rijeka Refinery in Croatia.
HAMR Energy announces plans for Australia’s first major methanol-to-jet fuel facility
HAMR Energy announced plans to develop a $700-MM to $800-MM sustainable aviation fuel (SAF) production facility, after completing a successful feasibility study.
China ramps up exports of refined fuels as margins rise
China's exports of key refined fuels are on track to jump to the highest in 16 months as refiners take advantage of rising profit margins.
Indian refiner Nayara trims crude runs in wake of EU sanctions
Privately-held Nayara, which runs India's third-biggest refinery at the port of Vadinar in the western state of Gujarat, controls nearly 8% of the country's total refining capacity of about 5.2 MMbpd.
AFPM challenges Trump biofuel, tariff policies in letter
A leading U.S. refining trade group has criticized the Trump administration's biofuel policies in a letter to top Republican lawmakers, representing the oil industry's biggest rift with the president since his return to the White House in January.
UTEP researchers boost microalgae biofuel yields with nanotechnology
Researchers at The University of Texas at El Paso (U.S.) have demonstrated how nanotechnology can significantly improve biofuel production from microalgae, offering a sustainable path forward.
NASA tests new liquid hydrogen fuel tank for crewed Artemis missions
As teams get ready for the first crewed Artemis mission, which will take a crew of four around the Moon and back in 10 days, engineers with NASA’s Exploration Ground Systems Program tested the new liquid hydrogen sphere, which holds one of the cryogenic propellants used to power the SLS (Space Launch System) rocket, at Launch Complex 39B at the agency’s Kennedy Space Center in Florida.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
