Refining
Russian Urals oil sales to Turkey in Nov. up 38% m/m as STAR refinery increases runs
Russian Urals oil supplies to Turkey's ports in November increased to 9.9 MMbbl from 7.4 MMbbl in October as its main consumer was back from outage.
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.
- Syensqo signs new multi-year Solef® PVDF contracts for battery materials 5/15
- Topsoe’s technology chosen by Zhongneng Yida for 400,000-tpy SAF plant in China 5/15
- Phillips 66 announces agreement to divest majority interest in Germany and Austria retail marketing business 5/15
- Carbon Clean announces successful test of CycloneCC C1 technology at commercial scale 5/15
- Asia's refined fuel imports drop, but margins still hold 5/15
- SP Chemicals plans to raise ethane use at eastern China petchem plant 5/15
