Refining
Top U.S. refiner Marathon Petroleum swings to quarterly loss on lower margins
Marathon Petroleum swung to a loss in the first quarter, the company reported on Tuesday, the latest U.S. refiner hit by lower refining margins during a period marked by elevated maintenance and turnaround activity across the industry.
EIA: Supply issues, compliance costs drive up California (U.S.) fuel prices
Drivers in California pay higher prices at the pump than any other state in the country due to supply issues, costs from environmental compliance and fuel requirements, and high state taxes and fees,
ABS and Akselos complete technical assessment for FPSO digital twin technology
ABS, a global leader in providing classification services for marine and offshore assets, with Akselos S.A., a global leader in structural performance management (SPM) software, have completed a technical assessment for structural digital twin technology. This marks a significant advancement in the application of digital twin technology for FPSO units, enabling more accurate and reliable assessments of structural integrity.
Sunoco to acquire Parkland in $9-B deal as Americas fuel market consolidates
Sunoco will buy Canada-based Parkland in a deal valued at about $9.1 billion, including debt in a move the companies said would create the largest independent fuel distributor in the Americas.
Hazer and KBR enter global deal to accelerate licensing and commercialization
Hazer Group Ltd. has entered into a binding alliance agreement with Kellogg Brown and Root LLC, a global leader in technology and engineering solutions, for the commercial deployment and licensing of Hazer’s proprietary methane pyrolysis technology.
Repsol and Bunge to boost development of renewable fuels in Europe with intermediate crops
The companies will collaborate to process intermediate crops into low-carbon intensity oils to be used as feedstock for the production of renewable diesel or sustainable aviation fuel (SAF).
Common challenges in risk-based inspection for piping: Insights from experience
This article will identify the top five common problems and concerns related to risk-based inspection assessments for piping, along with some thoughts on how to address these issues.
Hydrocarbon value chain optimization: Non-CAPEX opportunities to improve gross margins for the downstream sector—Part 2
Part 2 will outline additional opportunities across quality giveaway reduction, hydrocarbon loss measurement, refinery mass balance and energy management in downstream functions without the need for capital expenditure (CAPEX) or software infrastructure upgrades.
Repsol surpasses 1,000 service stations with 100% renewable Nexa Diesel
The multi-energy company's goal is to end the year with 1,500 service stations offering this fuel in the Iberian Peninsula.
Digital Exclusive: From safety silos to strategic insights: Digitally transforming SIS management
When it comes to digital transformation, refining and processing operators face unique challenges. Unlike other industries already leveraging digital twins to improve design, enable predictive maintenance and boost operational efficiency, the refining and processing sectors often struggle with data management.
- INEOS, Royal Wagenborg launch the first European-built offshore CO2 carrier for carbon capture and storage 5/14
- Ayuda en Acción, Indorama Ventures and IMG Group launch major recycling partnership to tackle waste crisis in Mali 5/14
- Syensqo expands Ryton PPS compounding capabilities in the U.S. 5/14
- ClearSign Technologies receives another engineering order for low-emissions flare burner 5/14
- Nigeria's Dangote oil refinery cancels June maintenance at gasoline unit 5/14
- Russian seaborne diesel exports fell in April 5/14
