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Refining

Aramco, TotalEnergies and SIRC assess the development of SAF unit

Aramco, TotalEnergies and Saudi Investment Recycling Company (SIRC), the major player which collects and valorizes organic materials into sustainable products in Saudi Arabia, have signed a joint development and cost sharing agreement (JDCSA) to assess the development of a sustainable aviation fuels (SAF) production unit in the Kingdom of Saudi Arabia.

Hycamite, MOLEA and MOL PLUS sign MoU to promote methane-splitting for power generation and marine vessel propulsion

Hycamite TCD Technologies Ltd., MOLEA Ltd. and MOL PLUS Co. Ltd. have signed a memorandum of understanding (MoU) to cooperate in promoting the application of methane-splitting for power generation and propulsion onboard marine vessels.

California law and refinery closure reflect ongoing challenges for state’s fuel market

On October 14, California (U.S.) Governor Gavin Newsom signed bill Abx2-1 into law, empowering California regulators to set and adjust minimum petroleum product inventory levels for refiners in the state, in part to address the state’s fuel price volatility. Shortly after, refiner Phillips 66 announced plans to close its Wilmington refinery in Los Angeles by the end of 2025, citing uncertainty surrounding the long-term sustainability of the refinery.

Braya Renewable Fuels considering 'economic shutdown' of California refinery less than one year after reboot

Braya Renewable Fuels, confirmed Monday that it's considering an 'economic shutdown' of the Placentia Bay, California (U.S.) facility, less than one year after it began producing renewable fuels.

U.S. diesel exports to ARA set to rise on scarce European supply, firm US production

Diesel shipments from the U.S. Gulf Coast to Europe's main trading and refining hub, the Amsterdam-Rotterdam-Antwerp (ARA) region, are set to rise owing to improving export margins on the back of scarce supply in Europe and rising U.S. refinery production.

Phillips 66 and United Airlines sign SAF supply agreement

Phillips 66 and United Airlines have signed an agreement under which Phillips 66 will supply sustainable aviation fuel to United Airlines at Chicago O’Hare International Airport and Los Angeles International Airport, helping advance lower-carbon fuels in Illinois and California.

Varo Energy in talks to buy Preem's Swedish refineries

European energy firm Varo Energy is in talks to acquire Preem's two Swedish refineries in a bet on growing demand for low-carbon biofuels.

Liquid Wind and SAMSUNG E&A partner to accelerate development of eFuel facilities

Liquid Wind and SAMSUNG E&A are entering into a collaboration agreement to accelerate the development of eFuel facilities outside of Europe, in Asia, Africa and the Middle East.

Novatek naphtha exports from Ust-Luga hit record 530,000 t in Nov.

Russia's Novatek increased naphtha exports from its Ust-Luga complex in the Baltic Sea to a record high 530,000 tonnes in November.

Russian oil flow to Czech Republic expected to resume after halt

Russian oil flows to the Czech Republic via the Druzhba pipeline were seen resuming on Friday after payment issues linked to the transit via Ukraine, which caused a halt, have been sorted.

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