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Refining

Japan's Cosmo to keep current refining capacity at least until 2030

Cosmo Energy Holdings Co Ltd plans to keep the current refining capacity at least until 2030 despite an expected fall in gasoline demand in Japan due to aging population and higher sales of electric vehicles.

Japan receives first low-carbon ammonia cargo from Saudi Arabia

Japan received its first low-carbon ammonia cargo from Saudi Arabia on Friday which it plans to use for co-firing with fossil fuels to reduce carbon emissions.

TotalEnergies' crude unit shut at Texas refinery

A crude distillation unit, a coker and the alkylation unit are shut at TotalEnergies' 238,000 barrel-per-day Port Arthur, Texas, refinery.

Oil products shipments disrupted at two TotalEnergies refineries

Oil products shipments from TotalEnergies' Donges and La Mede refineries were disrupted on Thursday with 20% of operational staff having joined strike action over the government's pension reforms.

Vietnam's Binh Son refinery delays maintenance, expects 88% profit fall this year

Vietnam's Binh Son Refining and Petrochemical will delay the maintenance at its refinery until next year, and said it expects profits to drop 88% this year due to rising costs, including higher taxes.

European diesel refining margins at lowest since Russia's invasion

Benchmark Northwest European diesel refining margins dropped to $17.70 a barrel on Wednesday, their lowest since Feb. 25, 2022, a day after Russia launched its invasion of Ukraine.

“Shark Tank” star Kevin O’Leary vows to build $14-B oil refinery in the US

Kevin O’Leary, star of “Shark Tank” and chairman of O’Leary Ventures announced his plans to build a $14-B oil refinery with the goal of reigniting America’s energy independence.

Valero starts up production on new Port Arthur, Texas coker

Valero Energy Corp is starting up production on a new coker at its 335,000-bpd Port Arthur, Texas, refinery.

Valero's Port Arthur refinery prepares small CDU restart

Valero Energy Corp is preparing to restart the small crude distillation unit at its 335,000 bpd Port Arthur, Texas refinery after completing a planned overhaul.

China refiner ZPC enters strategic fuel marketing deal with Sinopec

Privately controlled Zhejiang Petrochemical Corp, operator of China's largest refinery, said it has reached a strategic agreement with state refining giant Sinopec on the domestic marketing of its fuel.