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Refining

Indian refiner-Reliance-to buy Russian oil in roubles

India's Reliance Industries Ltd., operator of the world's biggest refining complex, has signed a 1-yr deal with Russia's Rosneft to buy at least 3 MMbbls of oil/month in roubles.

Indonesia's Pertamina conducting gasoline tender for June

Indonesia's Pertamina is conducting a tender to procure 98-octane gasoline for June, an official at procurement subsidiary Pertamina Patra Niaga said.

U.S. Gulf Coast imports of straight-run fuel oil at record as global supply jumps

Imports of straight-run fuel oil (SRFO) to the U.S Gulf Coast were set to climb to record levels this month as Mideast and African suppliers ramped up exports and U.S. refiners scrambled for heavy feedstocks.

bp, Shell agree to sell their shares in South Africa's SAPREF refinery

bp Southern Africa and Shell Downstream South Africa have reached an agreement for the sale of their respective 50% ownership assets located at the SAPREF Refinery Precinct to the South African state-owned entity, Central Energy Fund SOC Ltd.  

Neste expands its sustainable aviation fuel supply capabilities in Europe in partnership with VTTI

Neste has further expanded its capability to supply sustainable aviation fuel to customers in Europe in cooperation with VTTI, a global leader in energy storage and developer of energy infrastructure.

U.S. biodiesel imports have doubled since 2022

Annual U.S. biodiesel imports doubled from 2022 to 2023 to 33,000 bpd and continued to rise in the first two months of 2024.

Murphy completes UK refining exit with petrol stations sale

Murphy Petroleum has signed an agreement to sell its UK petrol stations to Motor Fuel Group, completing its exit from Britain's oil retail market.

Capsol Technologies to list on the Norwegian stock exchange

Capsol Technologies ASA, a leading provider of carbon capture solutions, has announced its plans to list the company on the main board of Norway’s stock exchange, Euronext’s Oslo Børs.

Neste enables Vietnam Airlines’ first flight using sustainable aviation fuel

Vietnam Airlines, the flag carrier airline of Vietnam, has operated its first flight using Neste MY Sustainable Aviation Fuel.

Brazil's Raizen launches second-generation ethanol plant, mulls new contracts

Brazil's Raizen inaugurated its second cellulosic ethanol plant as part of a plan in which four more production units will be opened by the 2025/26 harvest.