Refining
Russia's refined oil product exports to Singapore to hit highest this year in May
Russia's exports of naphtha to Singapore are on track to rise to their highest level this year in May as Russian refineries recover from drone attacks, with the trend poised to continue as more capacity comes online.
Shipping major and GCMD to pilot FAME-VLSFO marine biofuel bunker fuel in Singapore
a Japanese shipping major and the Singapore-based Global Centre for Maritime Decarbonization will launch a six-month project for trialing marine biofuel for bunkering, consisting of 24% fatty acid methyl esters (FAME) and very-low-sulfur fuel oil (VLSFO) onboard a short-sea vehicle carrier that will call at multiple ports.
Diesel profit margins decline amid lower demand, more capacity
Profit margins for diesel are slumping as new refineries boost supplies and as mild weather in the northern hemisphere and slow economic activity eat into demand, putting oil prices under further downward pressure.
World Energy and Boston Consulting Group sign agreement on SAF certificates
Boston Consulting Group today announced it has signed an agreement for the purchase of sustainable aviation fuel certificates with World Energy, the sustainable aviation fuel (SAF) producer and low-carbon solutions provider.
Analysis: Chandra Asri purchase of Shell Singapore refinery brings scale, risk
While Chandra Asra's deal to buy Shell's Singapore refinery will see it join the ranks of Southeast Asia's largest petrochemicals players, it is taking on the risk of running an aging facility in a highly competitive sector.
Analysis: Shell's Singapore refinery sale and its market significance
Oil giant Shell has agreed to sell its Bukom refinery in Singapore—one of the world's largest oil refining and trading centers—to a joint venture of Indonesian chemicals firm PT Chandra Asri and global trading house Glencore, culminating a process that began last year.
bp profit slides by 40% as refinery outage offsets higher output
bp's 1Q earnings plunged by 40% to $2.7 B, missing forecasts after lower energy prices and a U.S. refinery outage offset increased oil and gas production.
bp’s Cherry Point refinery turns feedstock into renewable diesel fuel. Here’s how.
bp is boosting biofuels production to 50,000 bpd globally by 2025. Here, bp provides insight into the company's Cherry Point refinery, in Washington state (U.S.), and the facility's co-processing techniques.
Heavy oil shortages are driving up refiners' cost
Mexican export cuts and a rerouting of Canadian output are shrinking already limited supplies of heavy crude in the Atlantic basin, driving up refiners' costs with a likely knock-on effect to industries ranging from shipping and construction to Middle Eastern power plants.
U.S. West Coast refinery demand for hydrogen increasingly met by merchant suppliers
U.S. West Coast refiners are using more hydrogen purchased from merchant suppliers than from their own production.
- John Cockerill, Johnson Matthey and ETFuels partner for 120,000-tpy Texas (U.S.) e-methanol project 12/24
- Saudi Arabia was top buyer of Russian fuel oil and VGO in November 12/23
- Digital Exclusive (sponsored): NXRe™: A novel recycling technology to support the plastics industry in creating efficient and effective circular value chains 12/22
- Portugal's Galp plans to start producing biofuels in 2026 12/20
- Prax and Shell call off deal on stake in PCK Schwedt oil refinery 12/20
- Nigeria's Dangote Refinery hits 85% refining capacity 12/20
