Economics
Oil tankers continue Red Sea movements despite Houthi attacks
Oil and fuel tanker traffic in the Red Sea was stable in December, even though many container ships have rerouted due to attacks by Iran-aligned Houthi militants.
Nigeria's Dangote refinery set for test runs after getting more crude
Nigeria's Dangote oil refinery could begin test runs as early as this week after receiving a sixth crude cargo, company officials said, finally bringing the 650,000 bpd plant to life after years of construction delays.
Brazil's Cape Igarassu chlor-alkali plant is greener with thyssenkrupp nucera's BM2.7 technology
Cape Igarassu, a company managed by Chlorum Solutions, is converting its chlor-alkali plant in Igarassu in the Brazilian metropolitan region of Recife to a more environmentally friendly and safe solution for the supply of chlorine and its derivatives.
KBR green ammonia technology selected by Lotte Chemical Corporation for H2biscus Project in Malaysia
KBR announced that its K-GreeN technology has been selected by a consortium consisting of Lotte Chemical, Korea National Oil Corp and Samsung Engineering for Lotte Chemical's H2biscus green ammonia project development in Sarawak, Malaysia.
ADNOC makes strategic investment in Storegga, broadening its carbon management portfolio
ADNOC announced it has taken a 10.1% equity stake in Storegga to become a lead investor in the UK-based company that focuses on the development of global carbon capture and storage projects.
India's ONGC sees oil production rise 11% after east coast block starts output
India's Oil and Natural Gas Corp said it expected total oil output to climb 11% after its project off the country's east coast started producing oil.
India's fuel demand hits seven-month high in December
India's fuel consumption rose to a seven-month high in December to about 20.054 MMt, data from the Petroleum Planning and Analysis Cell of the oil ministry showed.
Motiva to shut CDU, coker at largest U.S. refinery
Motiva Enterprises is scheduled to shut the large CDU and large coker at its 626,000 bpd Port Arthur, Texas (U.S.).
Phillips 66 in talks for non-core assets sale
U.S. refiner and petrochemical manufacturer Phillips 66 is in active discussions for a sale of its non-core assets, Chief Executive Mark Lashier said during an energy conference.
Mexico's new Olmeca oil refinery now seen processing 243,000 bpd in 2024
Mexican state oil company Pemex's top executive estimated that the firm's newest refinery will process 243,000 bpd of crude in 2024 during its first year of operations, before ramping up to near full capacity in 2025.
- Pertamina expects Balikpapan's CDU IV to resume later this month 7/17
- Exxon shut Joliet, Illinois, refinery after power outage 7/17
- Essar launches hydrogen power plant at Stanlow refinery (U.K.) 7/16
- Trelleborg partners with Airbus on hydrogen-powered air travel 7/16
- Neste, Mitsubishi Corporation agree on strategic partnership to develop supply chains for renewable chemicals and plastics 7/16
- Vale, Komatsu and Cummins announce collaboration to develop dual-fuel large trucks, powered by ethanol and diesel 7/16
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- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
