Refining
U.S. crude oil inventories rose as utilization drops
U.S. crude oil inventories rose for the ninth week in a row, surging to their most since May 2021, as refiners ran less oil during a strong maintenance season.
Pemex issued an "all clear" following fire at its Texas refinery
Mexican state oil company Pemex issued an all clear following a fire in a unit at its 312,500-bpd oil refinery in Texas.
Kuwait to ramp up refined products exports from the 615,000-bpd Al Zour refinery
Kuwait is set to ramp up refined oil product exports from its new Al Zour refinery in the second half of 2023 to plug Russian shortfalls in Europe and meet growing demand in Asia and Africa.
ExxonMobil is planning to startup new CDU at its Beaumont refinery
ExxonMobil is planning to start the new crude distillation unit (CDU) at its 369,024-bpd Beaumont, Texas (U.S.), refinery this weekend.
Copenhagen Infrastructure Partners acquires Envo Biogas project in Tønder, Denmark
Copenhagen Infrastructure Partners has acquired the biogas project Envo Biogas in Tønder, Denmark from Anaergia. The project will produce green gas/fuels from organic waste.
Bell Textron completes first helicopter flight using SAF
Bell Textron has completed its first flight fueled solely by 100% sustainable aviation fuel (SAF) with its Bell 505 becoming the first-ever single engine helicopter to fly using 100% SAF.
United Airlines launches $100-MM SAF investment fund
United Airlines launched a more than $100 MM investment fund to support start-ups focused on the research and production of sustainable aviation fuel (SAF).
HPCL to begin ops on Barmer integrated complex in January 2024
India's Hindustan Petroleum Corp (HPCL) plans to start its 9-MMtpy Barmer refinery and petrochemical project in Rajasthan state by January 2024.
KBR launches SAF technology in alliance with Swedish Biofuels
KBR announced that it has launched sustainable aviation fuel (SAF) technology in alliance with Swedish Biofuels AB.
Sasol and Topsoe create JV to develop sustainable aviation fuel
Sasol and Topsoe have signed a Memorandum of Understanding (MoU) with the intent to establish a 50/50 JV in 2023 to develop sustainable aviation fuel solutions.
- 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
