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Refining

Vale, Komatsu and Cummins announce collaboration to develop dual-fuel large trucks, powered by ethanol and diesel

Vale and Komatsu have signed an agreement to develop and test, in partnership with Cummins, dual-fuel haul trucks, powered by a mixture of ethanol and diesel.

Belarus' Mozyr oil refinery restoring operations after outage due to storm

The Mozyr oil refinery, one of two large oil processing plants in Belarus, is getting back on track following outages due to a storm on Sunday.

TotalEnergies says oil production to hit high end of Q2 guidance

French oil major TotalEnergies said on Tuesday its 2Q hydrocarbon production levels will hit the top end of its guidance range, while pressure on refining margins will be partly alleviated by higher refinery utilization.

Japan to boost jet fuel production and imports amid tourism boom

Japan plans to increase jet fuel production and imports to address an increase in demand from flights amid a boom in tourism.

Audi, bp team up with strategic sustainable fuels partnership for Formula 1

Audi and bp are joining forces in an extensive new strategic partnership in Formula 1, focused on adhering to new FIA F1 Technical Regulations featuring enhanced electrification and use of Advanced Sustainable fuels.

Singapore's 1H 2024 bunker sales rise on year but June sees a monthly decline

Sales of marine bunker fuel at Singapore climbed 8.5% in 1H 2024, official data showed on Monday, as shipping disruptions in the Red Sea boosted global bunkering demand, though demand slowed month-on-month in June.

Nigeria's NNPC stake in Dangote refinery reduced over non-payment

Nigerian state-owned oil firm NNPC’s shareholding in Dangote refinery has been whittled down to 7.2% from 20% after failing to pay the balance of funding owed.

Russian oil refineries cut processing 4% y/y in January–June

Russian oil refineries reduced their throughput in the first half of the year by 4% year on year (y/y) to 131.8 metric MMt, calculations based on data from industry sources showed on Monday, as Ukraine hit the facilities with drones.

Japan, S. Korea refiners join China in buying Canadian TMX oil

Asia's crude oil imports from Canada's newly expanded Trans Mountain pipeline will rise in September as major refiners in Japan and South Korea and a refinery in Brunei have bought their first cargoes alongside China.

Evonik expands sodium methylate production in Argentina to meet growing demand for biofuels

Evonik has announced the expansion of its sodium methylate production capacity at its Rosario plant, located in the Sante Fé Province in Argentina.