Refining
Update: Mexico's Minatitlan refinery back online, Olmeca still down
The Olmeca refinery, which is yet to reach full capacity, was forced to shut down all processing units on Monday after heavy rainfall directly impacted a compressor on the 94,000-bpd gasoline-producing unit.
Universal Fuel Technologies’ SAF accepted into ASTM Clearinghouse for qualification
Universal Fuel Technologies' ethanol-to-jet sustainable aviation fuel produced via the company’s Flexiforming technology has been accepted into the ASTM D4054 Clearinghouse, which supports the technical evaluation of new aviation fuels, for qualification.
Honeywell technology to fuel Syzygy Plasmonics' SAF project
Honeywell announced that Syzygy Plasmonics will use Honeywell UOP Fischer-Tropsch (FT) UnicrackingTM technology to make sustainable aviation fuel (SAF) from dairy waste and renewable energy at the world’s first electrified biogas-to-SAF facility.
India's ONGC plans to set up trading unit for crude, refined fuels for group firms
India's state-run Oil and Natural Gas Corp (ONGC) is planning to set up a trading unit for the crude and refined fuels of its group companies, a top executive at ONGC Videsh said.
Mexico's Dos Bocas refinery offline due to power outage
Mexico's 340,000-bpd Dos Bocas refinery has been offline since Monday due to a power outage at the plant, two sources familiar with the matter said.
ExxonMobil sees global natural gas demand surging in outlook to 2050
Global demand for natural gas will rise more than 20% by 2050 from last year's level, as it displaces coal to power industries and meet higher electricity use in developing countries, ExxonMobil said in an annual outlook.
EIA: U.S. transportation fuel demand remains below pre-pandemic levels
Five years after the COVID-19 national emergency was declared, gasoline demand, distillate demand and jet fuel demand all remain less than pre-pandemic averages.
ExxonMobil announces Group III base stocks production
ExxonMobil has introduced its Group III base stock slate, which will include 4 and 6 cSt at 100°C base stocks to the North America market.
Russia raises August oil export plan after drone strikes continue to disrupt refineries
Export planning remains uncertain, however, due to ongoing strikes and shifting repair schedules, so delays and volume revisions are likely.
Canada's Alberta eyes investment in Japan's refining to boost oil exports
Canada's main oil-producing province of Alberta is considering a financial investment in Japan's refining sector, an attempt to reduce its overwhelming dependence on top trade partner the U.S. for oil exports.
- 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
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
