Refining
Vivo Energy to invest over $550 MM in South Africa, continue supply contracts with local refineries
Vivo Energy, owned by global commodities trader Vitol, will invest an initial 10 B rand ($550.79 MM) in its South African operations following its merger with Engen.
Malaysia to cut diesel subsidies, saving $852 MM/yr
Malaysia will begin cutting fuel subsidies to bolster its fiscal position starting with diesel, a move that will save about 4 $852 MM/yr.
Editorial Comment: Boosting bio-content in processing feeds: Challenges and solutions driving the energy transition
Around the world, nations have instituted pathways to reduce emissions within their economies. These initiatives include various investments in carbon mitigation strategies such as boosting domestic renewables capacity, utilizing low-/zero-carbon fuels for power generation (e.g., green hydrogen), adding carbon capture technologies to projects and industrial installations, and increasing bio-content in transportation fuels, among others.
Indian refiner Reliance's April Russian oil imports up 11% month-to-month, India's Russian oil imports at 9-month high
India's Reliance Industries Ltd., operator of the world's biggest refining complex, shipped in about 351,600 bpd of Russian oil in April, up nearly 11% from the previous month.
Repsol: Renewable fuels are key to the transformation of the refining industry
Along with hydrogen production, the production of renewable fuels and gases from organic waste is one of the main examples of the transformation of the industry, which will generate employment and decarbonize the sector. Here, Repsol discusses several pathways the company is taking to produce additional renewable fuels, while decarbonizing operations.
Pemex is delivering only a fraction of feedstock to new Olmeca refinery
Mexican state energy company Pemex started sending 16,300 bpd of crude oil to its new Olmeca refinery this week, less than 5% of its total capacity, signaling another delay.
China's April gasoline exports fall to lowest level since July 2015 on recovering domestic demand
China's gasoline exports in April fell to the lowest level since July 2015, as domestic travel and fuel use increased in the recovering economy.
Mammoet successfully transports/installs record-breaking hydrocracker for ORLEN Lietuva refinery
The ORLEN Lietuva refinery in Mažeikiai, Lithuania, entrusted Mammoet with the transportation and installation of a massive residue hydrocracking unit (RHCU), weighing 1,500 t and standing over 50 m tall.
Russia's Tuapse oil refinery resumes operations after attack
Rosneft's Black Sea oil refinery in Tuapse resumed operations on Sunday after a drone attack.
Russia to lift gasoline export ban
The Russian government has made a final decision to suspend the temporary ban on gasoline exports as the market is sufficiently supplied. The Energy Ministry has confirmed the information.
- Hydrogen in aviation offers potential for growth and deeper emissions reductions, new study shows 12/9
- EnerMech awarded pre-commissioning scope from Bechtel for Woodside’s Pluto LNG 2 facility 12/9
- Borouge and Borealis launch Recleo™, a global brand for cost-effective mechanically recycled solutions 12/9
- Topsoe and Carbon Neutral Fuels partner to advance e-SAF with SOEC electrolyzer technology 12/9
- IATA: SAF production growth rate is slowing 12/9
- HyOrc secures 10-yr offtake commitment for green methanol pilot 12/9
