Refining
Russia's oil and gas revenue down by a third in November m/m
Russia's oil and gas revenue in November is seen falling by one third to 0.78 T roubles (some $7.5 B) from 1.21 T in October.
Oil majors betting big on biofuels with more than 40 projects by 2030
Major oil and gas companies have ramped up investments in the biofuels sector, betting on sustainable aviation fuel (SAF), with 43 projects expected to be up and running by 2030.
NNPC's Port Harcourt resumes output in boost to Nigeria oil refining
Nigeria's Port Harcourt refinery has resumed production, marking the first of state-owned oil firm NNPC Ltd.'s four plants to return from upgrade work announced in 2020.
Indian refiners' October crude processing up over 3% y/y
Indian refiners' throughput in October rose over 3% year-on-year to 5.04 MMbpd (21.3 MM tonnes).
Air Liquide strengthens partnership with TotalEnergies through renewable H2 project in France
Air Liquide has announced a renewable hydrogen (H2) production project at La Mède (Provence-Alpes-Côte d'Azur region in France). In the context of a long-term contract, Air Liquide will cover the H2 needs of TotalEnergie's biorefinery.
Hexagon collaborates with Microsoft to enhance industrial operations
Hexagon’s Asset Lifecycle Intelligence division has announced its collaboration with Microsoft, using the Microsoft Azure cloud platform to host the recently launched HxGN SDx2 solution.
China issues extra crude oil import quota to teapot refineries
China has issued an additional crude oil import quota of at least 5.84 MM tonnes (t) (116,800 bpd) to independent refiners for cargoes arriving by end-2024 and in early 2025.
Gauging the likely Trump effect on U.S. energy and power sectors
President-elect Donald Trump's support for the fossil fuel sector and climate skepticism have sparked dismay throughout the global climate tracking community, and fears that his policies may reverse global energy transition momentum.
Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising
Russia's second-largest oil producer Lukoil is restoring operations of its catalytic cracker complex, ramping up gasoline output after the unit's breakdown on Nov. 13.
Nigeria's local currency crude sales fall short of target, Dangote refinery says
The Nigerian government's plan to sell crude priced in the local currency is faltering, with refiners, including the giant Dangote oil refinery, saying they are still unable to secure adequate supplies.
- U.S. oil, biofuel group recommends 5.25 Bgal in biomass diesel mandates 4/11
- Ukraine will add bioethanol to petrol from May, seeks first imports from EU 4/11
- UN shipping agency strikes deal on fuel emissions, CO2 fees 4/11
- S&P analysis: Global refined product demand growth likely to weaken, absolute decline cannot be ruled out 4/11
- U.S. targets China oil storage terminal in new Iran-related sanctions 4/11
- Russia's Novatek plans condensate processing complex in Murmansk 4/11
