Refining
Ducon launches R&D program to develop solvent-based carbon capture technology
The program aims to deliver a scalable, cost-effective solution to capture carbon dioxide (CO₂) from flue gas streams across power, cement, steel, oil and gas, and other hard-to-abate industries.
Ketjen completes expansion of its Bayport ZSM-5 facility
Ketjen Corporation proudly marked the official inauguration and ribbon-cutting of its newly expanded ZSM-5 manufacturing plant in Bayport, Texas (U.S.).
Australia promises $735 MM to launch biofuel industry
The money, to be released over 10 yrs from 2028, is intended to stimulate private investment in products like biodiesel and sustainable aviation fuel (SAF).
U.S. EPA keeps all options open in biofuel reallocation proposal
The proposal's failure to narrow down potential options is destined to extend the latest clash between Big Oil and Big Farm over the issue, as both industries vie for influence over U.S. energy and agricultural policy.
Vitol and Glencore to make formal bids for Chevron's Singapore refinery stake
Vitol and Glencore, which have other refining assets in the Asia-Pacific, are keen to acquire more and boost trade volumes in the region.
Summer diesel margins tighten with European supply shift
This summer, Europe’s increased reliance on imports from the Middle East, coupled with conflict-related disruptions to refineries and escalating geopolitical tensions, contributed to a tightened global diesel market.
Vitol, Sunoco take first gasoline cargo from Nigeria's Dangote to the U.S.
The delivery, on the tanker Gemini Pearl, marks a major milestone for the 650,000-bpd Dangote refinery, as energy market participants had been waiting to see when its production would start meeting strict U.S. motor fuels standards.
India's Nayara Energy increases fuel supply to HPCL after EU sanctions
Since the imposition of sanctions, Nayara has been operating its 400,000-bpd Vadinar refinery in western India at 70%–80% capacity.
Update: SOCAR inks deal to buy oil refiner Italiana Petroli
People close to the matter had previously said that Italy's Brachetti Peretti family was seeking an enterprise value of around €2.5 B ($3 B) for the company, which holds some €500 MM in cash.
How a Texas (U.S.) refinery turns Amazon-destroying cattle into 'green' jet fuel
Louisiana-based Diamond Green Diesel, a joint-venture between biofuels producer Darling Ingredients and petroleum refiner Valero Energy, has invested hundreds of millions of dollars into a refinery in Port Arthur, Texas that turns cattle fat - called tallow - into a cleaner alternative to petroleum-based jet fuel and diesel.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
- U.S. liquid fuels groups announce progress on E15, small refinery exemption reform 12/5
- Million Air and Avfuel bring SAF to Austin, Texas (U.S.) 12/5
- Chinese refiners buy oil from storage, raise output with fresh import quota 12/5
