Crude oil
Indian refiner-Reliance-to buy Russian oil in roubles
India's Reliance Industries Ltd., operator of the world's biggest refining complex, has signed a 1-yr deal with Russia's Rosneft to buy at least 3 MMbbls of oil/month in roubles.
ConocoPhillips to buy Marathon Oil in $22.5-B deal as energy mergers roll on
ConocoPhillips has agreed to buy Marathon Oil in a $22.5-B, the latest in a series of mega-mergers in the oil and gas industry as companies look to bolster reserves.
India's Reliance signs 1-yr deal to buy Russian oil in roubles
India's Reliance Industries, operator of the world's biggest refining complex, has signed a 1-yr deal with Russia's Rosneft to buy at least 3 MMbbl of oil a month in roubles.
Brazil's Raizen launches second-generation ethanol plant, mulls new contracts
Brazil's Raizen inaugurated its second cellulosic ethanol plant as part of a plan in which four more production units will be opened by the 2025/26 harvest.
Spain's Repsol receives U.S. license for Venezuela oil, gas projects
Spain's Repsol has received a license from the U.S. Treasury Department authorizing the energy company to continue and expand its oil and gas business in Venezuela.
A multi-objective optimization study for an integrated oil refinery-petrochemical plant—Part 1
The study of the ideal integration of an oil refinery and an ethylene production facility has regained interest due to the rising costs of crude oil and its derivatives. This study proposes a multi-objective optimization approach that maximizes the net profit and production of ethylene and propylene in an integrated plant.
A novel process to help refinery operations comply with the U.S. Renewable Fuel Standard
The Renewable Fuel Standard (RFS) is a regulation that requires refineries in the U.S. to output a certain percentage of their fuel from renewable sources, such as plants or animal waste. The U.S. Environmental Protection Agency (EPA) sets the minimum proportion of renewable fuel every year. The goal of the RFS is to reduce greenhouse gas emissions and dependence on fossil fuels.
Tackle operational challenges with FCC coprocessing applications
Refiners are actively developing new solutions to decarbonize their finished products—such as transportation fuels or commodity chemicals—as part of the energy transition. As a result, refiners are now exploring the co-feeding of alternative feedstocks, including renewable and recyclable crude oils, as a means of lowering the carbon footprint of their products.
Hydrocarbon value chain optimization: Non-CAPEX opportunities to improve gross margins for the downstream sector—Part I
The oil and gas industry comprises some of the most complicated manufacturing processes, involving mining, transportation, refining, distribution and retail.
U.S. to close Northeast gasoline reserve with 1-MMbbl sale
President Joe Biden's administration will sell nearly 1 MMbbl of gasoline in the U.S.-managed stockpile in northeastern states as required by law, effectively closing the near decade-old reserve.
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
- Day 2 of WGLC 2024 begins with Chevron speaker’s inspiring, relatable message 11/21
- MOL Group, KazMunayGas partner on exploring petrochemical production 11/21
- WGLC: Innovating AI adoption 11/21
- Solvay uses waste wood to power soda ash and bicarbonate plant in Germany 11/21
- Syensqo expands U.S. production capacity for advanced polymers 11/21
