Gasoline
China May crude oil imports at 45.83 MMt, customs data shows
China's crude oil imports rose nearly 12% in May from a low base in the same month a year earlier, although refiners still battled high inventories with COVID-19 lockdowns and a slowing economy weighing on fuel demand.
High fuel prices could erode public support for energy transition, Chevron CEO says
Europe's plan to double down on renewable fuels in response to rising fuel costs could have the unintended short-term effect of increasing prices and slow down the energy transition, Chevron Corp Chief Executive Michael Wirth said.
Croatia ready to increase Adriatic oil pipeline capacity, Hungary says
Croatia is ready to increase the capacity of the Adriatic oil pipeline to supply Hungary and Slovakia with crude in case of any disruptions to imports from Russia via the Druzhba pipeline.
GE Digital launches accelerator tools to help energy companies accelerate digital transformation
GE Digital announced its new Accelerator product line adding best-in-class software tools to help empower companies in asset-intensive energy industries to quickly configure its Asset Performance Management (APM) and other offerings.
Malaysia Airlines flies its first passenger flight with Neste MY Sustainable Aviation Fuel supplied by PETRONAS
In conjunction with World Environment Day, Malaysia Airlines operated its first passenger flight using Neste MY Sustainable Aviation Fuel on flight MH603 from Kuala Lumpur to Singapore.
The downstream rundown: In case you missed it
In case you missed any downstream news, this piece will give you a summary of some of the top stories from last week.
KNOC to focus on energy security, push cleaner fuels goal
KNOC is looking to secure more oil and gas, while stepping up energy transition efforts to become carbon neutral by 2030.
Phillips 66 taps FreeWire Technologies to support its first EV charging program in U.S.
Phillips 66 signed a letter of intent with FreeWire Technologies in support of its first electric-vehicle charging program in the United States, the two companies announced.
Wärtsilä opens world-leading sustainable technology hub to accelerate marine and energy decarbonization
The new center will contribute to efforts to advance the global decarbonization of marine and energy by fostering innovation, collaboration, and the development of green technologies using sustainable fuels and digital technologies.
History of the HPI: The 1970s: Crises, clean air, plastic bottles and the DCS
The 1970s were marked by several historical events that affected not only the hydrocarbon processing industry (HPI) but nations around the world.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
