Refining
Italy's Eni teams up with Q8 to build biorefinery in Sicily
The move is part of Eni's strategy to overhaul its loss-making chemical business as the European petrochemical sector struggles with overcapacity.
French ethanol use jumps 15% in 2025, driven by gasoline demand
Of the global volume consumed in France last year, 60% was produced locally, made from sugar beet, wheat, maize and crop residues.
Indian refiners await government advice on Russian oil import halt
On Monday, U.S. President Donald Trump announced a trade agreement with Indian Prime Minister Narendra Modi that included halting oil purchases from Russia, but without details on how and when such purchases by India would end.
China's Chambroad buys Canadian crude for May delivery
The refiner was one of the main buyers of Venezuelan oil, while it occasionally imported Canadian oil exported from the Trans Mountain pipeline for its bitumen production.
Venezuela oil exports rise sharply in January under U.S. control
Venezuelan oil exports rose to some 800,000 bpd in January, from 498,000 bpd in December, after the U.S. capture of Nicolas Maduro and the ending of an oil blockade which has let traders carry most exports, shipping data showed.
Refiner Phillips 66 can process 250,000 bpd of Venezuelan crude
The price for Venezuelan crude does have to be competitive, and Venezuelan crude may displace some other sources of heavy crude including Western Canadian Select.
- YPF, Eni and XRG sign joint development agreement advancing 12-MMtpy Argentina LNG project 2/12
- Maire launches new technology to produce PTMEG, the key polymer composing the spandex fiber. 2/12
- Verde Clean Fuels announces suspension of development of Permian Basin gas-to-gasoline project 2/12
- Vietnam's largest refinery to operate at 120%-125% of designed capacity in Q1 2/12
- Indonesia's Medco expansion plans bet on rising energy demand in Southeast Asia 2/12
- Brazil to rebuild ethanol stocks in new harvest after 21% drop in 2025-2026 2/12
