Refining
Bangchak signs SAF supply deal with Shell
Bangchak Corporation Public Company Limited announced that they have entered into a sustainable aviation fuel (SAF) supply agreement with Singapore-based Shell International Eastern Trading Company. The agreement stipulates the offtake of ISCC EU/CORSIA certified SAF to be delivered to Shell.
Baseblue launches new bunker fuel supply service in Trinidad
Baseblue has launched a new bunker fuel supply service at Point Lisas Port, Trinidad. The service will provide vessels with reliable and efficient fuel options, eliminating logistical challenges and enhancing operational efficiency.
Preem partners with Imubit for closed-loop AI optimization at Lysekil refinery
Imubit, a global leader in closed-loop artificial intelligence optimization (AIO), and Preem, Sweden’s largest fuel company, have formed a partnership aimed at accelerating Preem’s sustainability journey through Imubit’s closed-loop AIO technology.
Xodus appointed to one of Japan’s first large-scale CCS projects
Global energy consultancy Xodus has secured a landmark contract to support the development of an advanced carbon capture and storage (CCS) hub in Japan.
China refiners buy more Brazilian, W. African crude as sanctions, tariffs disrupt supply
Chinese refiners have stepped up purchases of Brazilian and West African crude as they reorganize sourcing around sanctions and tariff disruptions, and after prices of Middle Eastern grades surged.
Brazil's Petrobras to raise diesel output by 120,000 bpd this year
Brazilian state-run oil firm Petrobras expects to boost diesel output by some 120,000 bpd this year as it expands low-sulfur diesel production in some of its refineries.
Update: Russia says drone attack cut oil via Kazakhstan Caspian pipeline by up to 40%
Russia said oil flows through the Caspian Pipeline Consortium (CPC), a major route for supplying Kazakhstan and exporting to the global market, were reduced by 30%–40% on Tuesday after a Ukrainian drone attack on a pumping station.
Guyana, Dominican Republic discuss possible refinery and petrochemical plant construction
Guyana and the Dominican Republic are making progress on accords for offshore oil and gas exploration and to build a petrochemical plant and possible refinery in the South American country.
CITGO launches strategic brand licensing program as part of fuels business
The CITGO brand is extending to five new geographic markets in the U.S. with the launch of a brand licensing program for qualified marketers and retailers.
Consumption of renewable diesel continues general growth trend on the U.S. West Coast
Renewable diesel is increasingly replacing petroleum diesel on the U.S. West Coast, where state-level policies are attracting new production capacity and shipments to the region.
- 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
