Refining
Farnborough Airport, Hydrogen Refinery sign landmark SAF deal to help kick-start UK domestic refining sector
Farnborough Airport, the birthplace of British aviation and Europe’s leading airport for premium air travel connectivity, has signed a landmark deal with Hydrogen Refinery for 12.5 MM liters (l) 10,000 tpy of sustainable aviation fuel (SAF) produced locally from waste.
India's Reliance to stop buying Venezuelan oil over U.S. tariffs
India's Reliance Industries, operator of the world's biggest refining complex, will halt Venezuelan oil imports after the United States announced a 25% tariff on nations buying crude from the South American nation.
Update: Russia's idle oil refining capacity revised up 21% in March
Russia's offline primary oil refining capacity for March was revised up 21% from the previous estimates for this month to 3.6 MM tonnes (t) amid maintenance period extension on several refineries.
Universal Fuel Technologies’ pilot demonstrates new sustainable aviation fuel production pathways
During a five-month pilot, the company demonstrated that its Flexiforming technology can produce high-quality 100% synthetic SAF from multiple renewable feedstocks.
More European oil refineries to close, convert in next 10 yr, panel says
European oil refineries will have to adapt to the energy transition or face a heightened risk of closure by 2035, a panel of executives said at the Financial Times Commodities Global Summit in Lausanne on Monday.
How Russian energy trade might change if sanctions are eased
As talks aimed at ending the war in Ukraine continue, a potential relief in sanctions imposed on Russia, including its vast energy sector, is one of the issues on the agenda.
EIA: Jet fuel made up a record share of U.S. refinery output in 2024
U.S. refineries produced a record-high share of jet fuel in 2024, reflecting increased demand relative to other transportation fuels.
Indian refiners cut spot tenders as Russian oil shipments rebound
Indian refiners will issue fewer tenders for crude oil purchases on the spot market in the coming months, as Russian supplies bounce back from sanctions-related disruptions.
China's Sinopec to prioritize risk control in Russian oil purchases
Top Chinese refining major Sinopec Corp. will prioritize "risk control" in purchasing Russian oil, which has similar quality for its value versus competing global supplies.
Planned turnaround ongoing at Phillips 66's Wood River refinery
Phillips 66's 356,500-bpd Wood River refinery is undergoing a turnaround, research company IIR Energy said.
- 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
