Refining
U.S. estimates it will take $20 B and years to refill strategic oil reserve
U.S. Energy Secretary Chris Wright estimates it would take $20 B and years to accomplish President Donald Trump's goal of refilling the Strategic Petroleum Reserve to its maximum capacity, the U.S. Energy Department said.
Rely to support Verso Energy in the development of seven e-Fuels production plants worldwide
Rely, a joint venture between Technip Energies and John Cockerill, and Verso Energy have signed a memorandum of understanding (MoU), in view of the development by Verso Energy of seven e-Fuels production plants worldwide: four in France, two in Finland, and one in the U.S. These facilities are expected to produce more than 500,000 tpy of sustainable aviation fuel (SAF), with up to 90% lower lifecycle emissions than conventional jet fuel.
Digital Exclusive: Optimize plant design in the hydrocarbon processing industry with advanced CAD tools
Hydrocarbon processing transforms crude oil and natural gas into valuable products such as petrochemicals and fuels. These transformations occur in hydrocarbon processing plants popularly known as refineries, which comprise different processing systems that must work together to ensure efficiency and safety. These systems include electrical, air, cooling, compression and flaring, just to name a few. System components must be installed so they maximize efficiency without hindering production. This article will explore the evolution of computer-aided design (CAD) technology, its advantages and uses throughout the hydrocarbon processing industry (HPI).
Petrobras technology, Riograndense Refinery becomes first to produce fuels with cellulosic content in Brazil
Petrobras and Riograndense Refinery (RPR) have successfully completed an industrial scale co-processing test using 5% pyrolysis bio-oil (a non-food biomass raw material) combined with fossil feedstock.
Russia's Kirishi refinery continues operations after drone attack Saturday
The Kirishi oil refinery in northwest Russia has not stopped oil processing following a drone attack on Saturday, two sources familiar with the plant's operations said on Monday.
China SAF plants push back start-up amid lack of policy
Several Chinese builders of sustainable aviation fuel (SAF) plants are postponing start up as a lack of government policy guidance restrains them from marketing the fuel domestically or exporting it.
Marathon to begin planned maintenance at Robinson, Illinois refinery
The refinery's primary crude unit, which processes both sweet and sour crude, will be down for maintenance, including heat exchanger work. The plant's 85,000-bpd diesel hydrotreater unit, 65,000-bpd vacuum distillation unit and 28,000-bpd hydrocracker unit will also undergo turnaround.
Cosmo to launch Japan's first sustainable aviation fuel production
Cosmo Energy Holdings is set to launch Japan's first domestic production of sustainable aviation fuel in April, a step toward the country's goal of replacing 10% of jet fuel with a cleaner alternative, though cost-cutting challenges remain.
North Ammonia, Höegh Evi to explore a clean ammonia supply chain from Norway to Europe
North Ammonia, a developer of renewable fuels of non-biological origin (RFNBO) ammonia facilities in Norway, and Höegh Evi, a global leader in marine energy infrastructure, have signed an agreement to explore a value chain for supplying hydrogen to European industrial users using green ammonia produced in Norway.
Citgo Petroleum's profit plummeted to $305 MM in 2024
Venezuela-owned U.S. refiner Citgo Petroleum reported on Thursday a $305-MM net income last year, below the $2-B profit of 2023, following a $146-MM loss in the fourth quarter.
- 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
