Europe
Russia is not ruling out quotas on fuel exports, deputy PM says
Russia is not ruling out introducing quotas on the export of oil products to stabilize gasoline prices, Russian Deputy Prime Minister Alexander Novak said, according to state media, as gasoline wholesale prices hit an all-time high.
Aramco completes $3.4 B purchase of Rongsheng Petrochemical stake
Aramco has successfully closed a landmark transaction to acquire a 10% interest in Rongsheng Petrochemical Co. Ltd. for $3.4 B through its subsidiary Aramco Overseas Company BV, based in the Netherlands.
Gazprom Neft's vessels to use biofuel produced from waste cooking oil
Russia's successor to McDonald's has teamed up with energy company Gazprom Neft to fuel marine vessels with biofuel produced using waste cooking oil an effort to lower their carbon footprints.
China's June fuel oil imports at year-to-date high on firm Russian volumes
China's June fuel oil imports hit the highest level for a month so far in 2023, buoyed by firm purchases of Russian oil, data from the General Administration of Customs showed.
Full output resumes at Norway's Mongstad oil refinery
Full output has resumed at the Mongstad oil refinery in Norway, operator Equinor said, following a partial outage on July 12 due to a lightning strike near the plant.
Iraq's massive Total oil deal heralds new revenue-sharing formula
Iraq secured its $27-B oil deal with France's TotalEnergies by offering quicker, less risky payback through greater revenue-sharing, a model it could replicate in the future to lure investors.
Brazil's Petrobras touts refining plan as Russian diesel imports jump
Brazilian state-run oil firm Petrobras will double down on its strategy to maximize motor fuel from its local refineries even as it boosts imports of cheap Russian diesel.
UN could start removing oil this week from decaying Yemen tanker
An operation to start removing some 1.1 million barrels of oil from a decaying tanker moored off Yemen's coast could start by the end of the week, the United Nations said.
A Case for Criteria that Simplify Process Vessel Lining Selection
Process vessels, also known as pressure vessels, deliver a critical function within oil and gas upstream operations. Subjected to elevated temperatures and pressures, these vessels are used to process hydrocarbon mixtures to remove corrosive materials from oil before transport. Linings are frequently used to mitigate corrosion inside process vessels and extend their service lives and maintenance cycles.
Russian sea-borne diesel exports show monthly growth of 11%
Russia's sea-borne diesel and gasoil exports rose by 11% to about 1.9 million tons in the first 17 days of July from the same period in June, as production grew after seasonal refinery maintenance, data from traders and Refinitiv Eikon showed.
- 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
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
