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Refining

Talks end on Shell MiRO refinery stake sale to Czech firm

Talks on the sale of Shell Deutschland's 32.5% stake in Mineraloelraffinerie Oberrhein GmbH (MiRO) in the southern German city of Karlsruhe to Czech state-owned pipeline operator MERO have ended without an agreement.

Taiwan's Formosa plans June run cuts due to weak refining margins

Due to weak margins, Taiwan's Formosa Petrochemical Corp plans to cut run rates at its crude distillation units by 40,000 barrels per day (bpd) to 440,000 bpd in June.

Neste completes major turnaround at Porvoo refinery

The nearly 400-MM euro turnaround of Neste’s Porvoo refinery in Finland has been successfully completed, and crude oil processing and renewable and circular raw materials processing has begun operations.

IATA launches FueIIS: Advanced fuel efficiency analytics solution

The International Air Transport Association (IATA) announced the launch of IATA FuellS, an advanced analytics solution to optimize airline fuel consumption, using aggregated and anonymized flight and fuel data.

U.S. Department of Energy reopens $15-MM voucher program for clean energy technology

The U.S. Department of Energy Office of Technology Transitions, in collaboration with the Offices of Clean Energy Demonstrations, Fossil Energy and Carbon Management, and Energy Efficiency and Renewable Energy announced the reopening of five voucher opportunities to accelerate clean energy technology adoption and launch two new VOs with $15 MM in available funding.

Azerbaijan's SOCAR to suspend refinery for month-long maintenance from Nov. 2024

Azerbaijan's state-owned oil company SOCAR plans to suspend operations at its only oil refinery for a scheduled one-month maintenance period from November 2024.

Verde Clean Fuels awards gas-to-gasoline FEED contract to Chemex Global

The proposed project aims to utilize Verde Clean Fuels’ proprietary STG+ process to convert natural gas from Diamondback Energy’s Permian Basin operations into gasoline.

Turning turnarounds into a competitive advantage through a digital ecosystem

This article, written by ExxonMobil, details how the company uses a digital reality ecosystem to optimize maintenance and turnarounds.

Two killed in Lukoil refinery fire in northwestern Russia

A fire on Sunday at an oil refinery owned by Lukoil in Russia's Komi Republic region killed two people and left another seriously injured.

Digital Feature: Can ships run on biofuel?

This article from ExxonMobil focuses on utilizing biofuels in the shipping sector.