Refining

Update: U.S. postpones sanctions on Serbia's Russian-owned NIS oil company for one week

The reported extension comes as the U.S. extended a license for Croatian oil pipeline operator JANAF to transport crude to Serbia for another week, as it seeks to complete the delivery of contracted volumes.

Delek sues Marex and BTX over $30 million refinery damage from tainted crude

Delek US Holdings has sued London-based Marex Group and Texas-based BTX Energy, accusing them of supplying contaminated crude oil that damaged one of its U.S. refineries and caused more than $30 million in losses.

AI-/ML-based hybrid modeling for enhanced resid fluid catalytic cracking optimization

Advance GHG performance management: The use of SME-configurable smart assets with molecular-level GHG determination for refining, petrochemicals and upstream operations

Update: Shell to take $600-MM hit from scrapped Rotterdam biofuels project

Shell had approved development of the 820,000-metric tpy biofuels plant in 2021, but paused construction last year and cancelled the project entirely in early September because it would not have been competitive.

Idemitsu shuts 165,000-bpd Aichi CDU for scheduled maintenance

Its smaller rival Cosmo Oil, a unit of Cosmo Energy Holdings, also shut the 100,000-bpd CDU at its Sakai refinery in western Japan on August 27 for scheduled maintenance, with operations expected to resume in October.

Belarus ramps up fuel exports to gasoline-thirsty Russia

Several Russian regions have introduced rationing and have temporarily frozen fuel prices in recent weeks amid a scarcity of popular types of gasoline brought on by the drone strikes, which targeted refineries among other energy installations. Moscow has also restricted gasoline and diesel exports.

Arcadia eFuels, Hitachi Energy to deliver electrical infrastructure for Vordingborg eSAF facility

As one of the world’s first large scale sustainable aviation fuel (eSAF) facilities, the plant will operate entirely on renewable electricity in the production of eSAF, reducing emissions in the aviation industry.

Tagaddod secures $26.3 MM Series A to accelerate regional expansion, strengthen global biofuel supply chains

This major investment marks a key milestone in Tagaddod’s mission to become a global leader in the supply of renewable, traceable and sustainable feedstocks; including used cooking oil (UCO), acid oils and animal fats, to the rapidly growing biofuels and sustainable aviation fuel (SAF) industries.

U.S. propane inventories are well stocked heading into the winter heating season

Propane inventories reflect supply and demand balances. Propane demand is greatest in the winter months because propane is used as the main heating fuel in about 5% of U.S. homes, primarily in the northern parts of the Midwest and Northeast.