Refining
Indonesia's Pertamina completes oil storage tank construction to support refinery upgrade
The overhaul of the Balikpapan facility is nearly finished and operations are scheduled to begin in November.
Update: U.S. postpones sanctions on Serbia's Russian-owned NIS oil company for one week
The reported extension comes as the U.S. extended a license for Croatian oil pipeline operator JANAF to transport crude to Serbia for another week, as it seeks to complete the delivery of contracted volumes.
Delek sues Marex and BTX over $30 million refinery damage from tainted crude
Delek US Holdings has sued London-based Marex Group and Texas-based BTX Energy, accusing them of supplying contaminated crude oil that damaged one of its U.S. refineries and caused more than $30 million in losses.
Update: Shell to take $600-MM hit from scrapped Rotterdam biofuels project
Shell had approved development of the 820,000-metric tpy biofuels plant in 2021, but paused construction last year and cancelled the project entirely in early September because it would not have been competitive.
Idemitsu shuts 165,000-bpd Aichi CDU for scheduled maintenance
Its smaller rival Cosmo Oil, a unit of Cosmo Energy Holdings, also shut the 100,000-bpd CDU at its Sakai refinery in western Japan on August 27 for scheduled maintenance, with operations expected to resume in October.
Belarus ramps up fuel exports to gasoline-thirsty Russia
Several Russian regions have introduced rationing and have temporarily frozen fuel prices in recent weeks amid a scarcity of popular types of gasoline brought on by the drone strikes, which targeted refineries among other energy installations. Moscow has also restricted gasoline and diesel exports.
Arcadia eFuels, Hitachi Energy to deliver electrical infrastructure for Vordingborg eSAF facility
As one of the world’s first large scale sustainable aviation fuel (eSAF) facilities, the plant will operate entirely on renewable electricity in the production of eSAF, reducing emissions in the aviation industry.
Tagaddod secures $26.3 MM Series A to accelerate regional expansion, strengthen global biofuel supply chains
This major investment marks a key milestone in Tagaddod’s mission to become a global leader in the supply of renewable, traceable and sustainable feedstocks; including used cooking oil (UCO), acid oils and animal fats, to the rapidly growing biofuels and sustainable aviation fuel (SAF) industries.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12

