Refining
Novatek has fully restored operations at Ust-Luga's condensate complex
The condensate is being processed into light and heavy naphtha, kerosene, diesel and marine fuel.
U.S. EPA approves 14 small refinery biofuel waivers
The EPA had approved 140 petitions in part or in full earlier this year, and denied just 28, leaving just a handful from previous years remaining under review.
China's October crude oil imports rise 8.2% year-on-year, refinery utilization rates highest of year
China's seaborne crude imports rose to 10.4 MMbpd in October, up 6% from September and 9% year-on-year, as refiners ramped up throughput on improving margins.
Emerson’s new tank monitoring hub optimizes inventory management and operational efficiency
The insights provided by the hub help to optimize inventory management, leading to improved decision-making, increased operational efficiency and reduced costs.
PetroChina to phase out 19 old refining, chemical units to curb sector glut
The world's second-largest oil consumer is facing a faster-than-expected peak in fuel demand due to rapid electrification of its transportation fleet and a petrochemical sector that is plagued by excess capacity and poor margins.
Slovak refiner Slovnaft says Croatia's Janaf cuts supply of non-Russian crude
Slovnaft, part of Hungary's oil and gas group MOL, mostly processes Russian oil and an exemption to EU sanctions that allowed it to export products to the Czech Republic derived from those deliveries expired in June.
Russia's Volgograd oil refinery halts operations after Ukrainian drone attack
Ukraine has for several months been striking Russian oil refineries, depots and pipelines, while Ukrainian energy infrastructure has also been the target of Russian strikes in a war that is approaching its fourth year.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
