Refining
WastAway receives U.S. patent for its entire waste-to-fuel process
WastAway – a leading green tech company that converts municipal solid waste (MSW) to fuel – has won a U.S. patent for its entire waste-to-fuel process, bringing the total number of U.S. and international patents to 26.
Spanish oil refineries shut down after power blackout
Several Spanish oil refineries, including both plants run by Spain's second largest refinery operator Moeve, were shut down on Monday after a widespread power outage hit Spain and Portugal.
Grangemouth refinery (Scotland) ceases crude oil processing, transitions into import terminal
Scotland's only oil refinery ceased crude oil processing as of Tuesday, operator Petroineos said in a statement, as the site transitions to an import terminal.
EIA: U.S. imports of major transportation fuels decreased in 2024
U.S. imports of petroleum products decreased by 210,000 bpd in 2024 to average 1.8 MMbpd. Imports of all major transportation fuels, such as motor gasoline, diesel and jet fuel, as well as other products, such as unfinished oils, decreased.
Afreximbank rolls out $3-B credit line to cut Africa's fuel imports
African Export-Import Bank has rolled out a $3-B revolving credit line that will enable African and Caribbean buyers to source petrol, diesel, jet fuel and other products from refineries on the continent more easily.
Crude processing ends at Scotland's Grangemouth oil refinery, redundancies start
Scotland's only oil refinery ceased crude oil processing as of Tuesday, as the site transitions to an import terminal.
Russia's idle oil refining capacity seen rising by 5.7% m/m in May
Russia's offline primary oil refining capacity is seen rising by 5.7% in May from April to 3.18 MM tonnes (t).
Venezuela restarts Amuay refinery's FCC after El Palito halts unit
Venezuela's state-run oil company PDVSA has restarted the fluid catalytic cracker unit (FCCU) at the country's largest refinery, the 645,000-bpd Amuay, expanding its capacity to produce motor fuels.
Sri Lanka to begin talks with India, UAE for new energy hub
Sri Lanka will start work next month on plans to develop an energy hub with India and the United Arab Emirates, as the nation looks to leverage its strategic location to cement a recovery from a financial crisis.
S-Oil posts refining, petrochemical losses; expects US tariffs to affect margins in Q2
South Korea's S-Oil, majority owned by Saudi Aramco, posted losses in the first quarter from its refining and petrochemical units and expects second-quarter margins to be impacted by U.S. tariff negotiations and market volatility.
- Lummus Technology completes acquisition of NAPCON from Neste, expanding digital and AI capabilities 6/2
- IATA expects sustainable aviation fuel production to double in 2025 6/2
- RIC Energy and Siemens to jointly develop renewable H2, green ammonia and eFuels 6/2
- Trump administration (U.S.) axes $3.7-B in green energy projects 6/2
- European chemical industry pessimistic for 2025, recovery not until 2026 says new report 6/2
- U.S. ethanol output eases off record pace as summer travels heat up 6/2
