Refining
European diesel refining margins at lowest since Russia's invasion
Benchmark Northwest European diesel refining margins dropped to $17.70 a barrel on Wednesday, their lowest since Feb. 25, 2022, a day after Russia launched its invasion of Ukraine.
“Shark Tank” star Kevin O’Leary vows to build $14-B oil refinery in the US
Kevin O’Leary, star of “Shark Tank” and chairman of O’Leary Ventures announced his plans to build a $14-B oil refinery with the goal of reigniting America’s energy independence.
Valero starts up production on new Port Arthur, Texas coker
Valero Energy Corp is starting up production on a new coker at its 335,000-bpd Port Arthur, Texas, refinery.
Valero's Port Arthur refinery prepares small CDU restart
Valero Energy Corp is preparing to restart the small crude distillation unit at its 335,000 bpd Port Arthur, Texas refinery after completing a planned overhaul.
China refiner ZPC enters strategic fuel marketing deal with Sinopec
Privately controlled Zhejiang Petrochemical Corp, operator of China's largest refinery, said it has reached a strategic agreement with state refining giant Sinopec on the domestic marketing of its fuel.
Chinese refiner Chambroad set to start bitumen plant in Hainan
China's Chambroad Petrochemicals is set to start operating a refining unit in the southern province of Hainan in May to produce mainly bitumen with an aim to export the material used to pave roads.
Neste completed second series of runs at its Porvoo refinery
Neste has successfully concluded its second series of industrial-scale processing runs with liquefied waste plastic at its refinery in Porvoo, Finland.
Qantas, Airbus to invest in Australian biofuel refinery
Qantas Airways Ltd and Airbus SE will jointly invest $1.34 MM in a biofuel refinery being set up in Australia's Queensland state that would convert agricultural by-products into sustainable aviation fuel.
Honeywell to support world’s largest renewable fuels plant in Panama
Honeywell announced that SGP BioEnergy will implement Honeywell’s Experion System Technology at its Golden City Biorefinery in Colón, Panama.
CIB to invest C$277-MM in Shell-Suncor biorefinery in Quebec
Canada Infrastructure Bank (CIB) said on Monday it would invest C$277-MM in a carbon recycling facility in Quebec run by a joint-venture backed by Shell and Suncor Energy Inc.
- Bechtel greenlit for Sabine Pass Liquefaction expansion in Southwest Louisiana (U.S.) 5/29
- Philippines receives rare Iranian crude cargo after wartime disruption 5/29
- Gazprom and Sibur resume talks on possible ethane project to supply additional feedstock to the Kazanorgsintez petrochemicals plant 5/29
- European Commission debates policy shift to protect industry from China 5/29
- Mitsui seeks LNG investments to meet power demand from data centers 5/29
- Kenyan government backs Gulf fuel supply deals after opposition criticism 5/29
