Refining
As Nigeria's gasoline debt hits $6 B, some traders back out
Nigeria's debt to gasoline suppliers has surpassed $6 billion - doubling since early April - as state oil firm NNPC struggles to cover the gap between fixed pump prices and international fuel costs.
Icahn-owned oil refiner CVR bidding in Citgo share auction
Oil refiner CVR Energy, controlled by billionaire investor Carl Icahn, has submitted a binding offer in an ongoing auction of shares in the parent of Venezuela-owned Citgo Petroleum.
EIA: U.S. crude stocks, gasoline and distillate inventories fall
U.S. crude stocks, gasoline and distillate inventories fell in the week ending June 28, the U.S. Energy Information Administration (EIA) said on Wednesday.
Update: Idemitsu Chiba CDU operating normally after lubricant plant's fire
Lubricant shipments from Idemitsu Kosan's Chiba refinery, near Tokyo, have been suspended due to a fire on Tuesday, but other facilities including a crude distillation unit (CDU) are operating normally.
Oryx Group signs lease to operate Curacao's oil terminal
A unit of Hong Kong-headquartered energy firm Oryx Group has reached an agreement with Curacao's refinery to lease and operate storage facilities on the Caribbean island for 30 yr.
Shell to temporarily pause on-site construction of 820,000-tpy European biofuels facility
Shell Nederland Raffinaderij B.V. will temporarily pause on-site construction work at its 820,000-tpy biofuels facility at the Shell Energy and Chemicals Park Rotterdam in the Netherlands to address project delivery and ensure future competitiveness given current market conditions.
Sponsored: Ultipleat High-Fow filter systems: High-performance filtration for large-flow applications in a compact design
With an innovative crescent-shaped pleat design, each Ultipleat High Flow filter is a single cartridge that fully utilizes all media for solids collection across multiple applications. Ultipleat High Flow filters provide exceptional filter service life when dealing with low fluxes and higher levels of incoming contaminants, reducing the number of filter changeouts and lowering the cost of replacement cartridges and disposal of spent filters.
Neste enables North Brunswick to be the first township in New Jersey (U.S.) to transition to renewable diesel
Neste announced a partnership with the Township of North Brunswick in New Jersey. The partnership enables all of North Brunswick’s diesel vehicles and equipment to switch to running on renewable diesel, making it the first township in the state to use renewable diesel for its fleet operations.
Damper subsidy to oil refiners in Russia set to decline 4.5% to $1.7 B in June
Damper payments, a form of subsidy to oil refineries, are set to decline by around 4.5% to 150 B roubles ($1.7 B) in Russia in June from May due to global gasoline price rises and a weaker rouble.
Saving Scotland's only refinery a rare point of agreement in UK election race
Candidates from all of Scotland's major political parties competing in the UK general election are putting pressure on energy company Petroineos to delay the closure of Scotland's sole oil refinery at Grangemouth and save jobs.
- BASF starts up the world’s first production plant for 3D-printed catalysts in Ludwigshafen 3/19
- Haffner Energy receives rapid bookings for CORE100 clean-fuel production units 3/19
- ABB launches EmissionVision to automate advanced gas leak detection 3/19
- Ebara Elliott Energy partners with NuScale Power for use of advanced nuclear technology to power petrochemical plants 3/19
- bp agrees to sell 12-MMtpy Gelsenkirchen refinery to Klesch Group 3/19
- Sumitomo Corporation, “K” LINE and NYK Line conclude MoU for new build ammonia bunkering vessel operation in Singapore 3/19
