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Refining

GIDARA Energy announces major milestone: environmental permit for advanced methanol facility

GIDARA Energy is pleased to announce that it has secured a key environmental permit for its Advanced Methanol Amsterdam facility, which is a major step forward in the company’s mission of decarbonizing the industry.

Fire burns for third day at Shell Texas chemical plant

A fire burned for a third day on Sunday at Shell Plc's chemical plant in the Houston suburb of Deer Park, Texas, a company spokesperson said.

Russia's Lukoil completes sale of ISAB oil refinery in Italy

Russia's second-largest oil producer Lukoil said its subsidiary LITASCO had completed the sale of the ISAB oil refinery in Sicily to Cypriot private equity firm G.O.I. Energy following approval by Italian authorities.

SK Innovation sees 'solid' Q2 refining margin on China's reopening

SK Innovation Co Ltd, owner of South Korea's top refiner SK Energy, said it expects a "solid" refining margin in the second quarter, backed by China's reopening and the summer driving season.

Russia sticking to its oil output cuts says deputy Prime Minister Novak

Deputy Prime Minister Alexander Novak said Russia was abiding by its voluntary pledge to cut oil output by 500,000 bpd from February until the end of the year.

Oil group MOL disputes hikes to pipeline fees through Ukraine, Croatia

Hungarian oil group MOL expects to be able to choose between Russian or non-Russian crude for its refineries by 2026 by implementing substantial investments.

Japan's Cosmo to keep current refining capacity at least until 2030

Cosmo Energy Holdings Co Ltd plans to keep the current refining capacity at least until 2030 despite an expected fall in gasoline demand in Japan due to aging population and higher sales of electric vehicles.

Japan receives first low-carbon ammonia cargo from Saudi Arabia

Japan received its first low-carbon ammonia cargo from Saudi Arabia on Friday which it plans to use for co-firing with fossil fuels to reduce carbon emissions.

TotalEnergies' crude unit shut at Texas refinery

A crude distillation unit, a coker and the alkylation unit are shut at TotalEnergies' 238,000 barrel-per-day Port Arthur, Texas, refinery.

Oil products shipments disrupted at two TotalEnergies refineries

Oil products shipments from TotalEnergies' Donges and La Mede refineries were disrupted on Thursday with 20% of operational staff having joined strike action over the government's pension reforms.