Refining
Wood confirms ADNOC Refining’s capability to produce lower carbon aviation fuel
Wood has confirmed ADNOC Refining’s capability to produce lower carbon aviation fuel, paving the way for its future alignment with International Civil Aviation Organization’s Carbon Offsetting and Reduction Scheme for International Aviation
China’s crude oil imports decreased from a record as refinery activity slowed
Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared with the record high set in 2023. China, the world’s largest importer of crude oil, received 11.1 MMbpd in 2024, down from 11.3 MMbpd in 2023.
India gasoline demand to grow 6%–8% next fiscal year
Indian transportation fuel demand is expected to rise in the range of 6%–8% in fiscal year 2026, underpinned by rising vehicle sales, even as growth in Asian consumption lags growth in supply due to new refinery expansions in the region, industry executives and analysts said.
Elliott builds $2.5-B stake in Phillips 66, pushes for midstream business sale
Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 B in U.S. refiner Phillips 66 and plans to push for operational changes and the sale of the company's midstream business.
India's HPCL plans to raise Vizag oil refinery capacity by as much as 20%
State-run Hindustan Petroleum (HPCL) plans to increase the capacity of its Vizag oil refinery in southern India by as much as 20% to meet growing local fuel demand.
Russia's Saratov oil refinery suspends operations after drone attacks
Rosneft-owned oil refinery in the southern Russian city of Saratov has suspended fuel production for safety reasons after Ukrainian drone attacks on Tuesday, industry sources said, expecting the plant to resume operations in a day or two.
Nigeria's Dangote refinery to operate at full capacity in 30 days
Nigeria's Dangote Oil refinery, Africa's largest, could begin operating at full capacity in 30 days, the head of the refinery said on Monday.
Lyondell completes shutdown of Houston refinery
Lyondell Basell Industries has completed the final shutdown of its 263,776-bpd Houston, Texas (U.S.) refinery.
Russia may ban gasoline exports for a month to stabilize prices
Russia's Federal Anti-Monopoly Service may initiate a one-month ban on gasoline exports to stabilize wholesale prices ahead of the crop-sowing campaign
U.S. refiner Delek could run more light sweet oil if tariffs bite, CEO says
U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on Thursday, amid tariff uncertainty threatening supplies of heavy sour grades from Canada and Mexico.
- Petrobras signs on with Baker Hughes for sweeping gas turbines service agreement 3/18
- TwinThread launches Perfect Batch, an AI-powered analytics solution to optimize batch production 3/18
- bp to block union workers from Whiting refinery 3/18
- Analysis: Licocene Terra, using renewable carbon in hot melt polymers for adhesive formulations 3/18
- Ionautics finds breakthrough in iridium-based porous catalyst layer technology for green hydrogen production 3/18
- thyssenkrupp nucera supplies electrolyzers for Moeve’s green hydrogen project 3/18
