Refining

Portugal's chemicals sector needs to spend $35 B on decarbonization, industry group says

The sector currently invests an average of around €1 B per year in growth, manufacturing processes, and energy efficiency, but only a portion is targeted at decarbonization.

Crystaphase named Partner in Collaboration Award winner by Marathon Petroleum Corporation

Chiyoda awarded FEED contract for Taiyo Oil's SAF facility in Japan

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 has an exemption to EU sanctions that allows it to export products derived from those deliveries.

Mexico's Pemex pumps less, refines more in third quarter

With many fields declining rapidly - especially former star producers in the Gulf of Mexico - and many new discoveries not living up to expectations, the behemoth has struggled to meet the government's ambitious production goal of 1.8 MMbpd.

Honeywell introduces new, innovative technology that produces low-cost, high quality renewable fuels from biomass

Honeywell has introduced a breakthrough technology that converts agricultural and forestry waste into ready-to-use renewable fuels for hard-to-abate sectors, such as the maritime industry.

Asia refining margins soar as sanctions threaten Russian supplies

The strength has mainly been driven by the global diesel market, which has staged an upward swing in recent weeks on robust demand and tighter supply prospects.

BPCL, Oil India to build $11-B refinery, petchem complex in southern state

Oil India is considering taking a 10%–20% stake in the planned refinery in Andhra Pradesh state, while BPCL is seeking additional partners for the project.

U.S. biofuels production capacity growth slowed in 2024

Airbus and Cathay form co-investment partnership for scaling SAF adoption

Under the terms of the partnership, the two companies will collaborate to identify, evaluate and invest in projects that support the scaling of SAF production towards 2030 and beyond. Projects will be assessed based on their commercial viability, technology maturity, and potential for long-term offtake.