Refining
AFPM files legal challenge to US biofuel mandate
AFPM said the petition to the US Court of Appeals is targeting the Environmental Protection Agency's rule-making around the Renewable Fuels Standards from 2014-2016.
Flint Hills to license Edeniq’s ethanol technology
Edeniq’s Pathway Technology integrates Edeniq’s Cellunator high-shear equipment with cellulase enzymes to convert corn kernel fiber to cellulosic ethanol. The technology utilizes existing fermentation and distillation equipment to produce up to 2.5% cellulosic ethanol and a 7% increase in overall ethanol yield.
Iran, Brazil begin talks on Iranian investment in Brazilian refineries
Iran, which is boosting oil output after the end of sanctions over its nuclear program, is interested in exporting oil to Brazil and processing that crude at refineries in Brazil's northeastern region.
Oil, gasoline prices fall as US cuts demand outlook
Prices were under pressure throughout the session, but hit intraday lows after the US Energy Information Administration (EIA) lowered its oil demand growth forecast for the next two years.
US gasoline, distillate fuel inventories rise: EIA
Gasoline stocks rose 1.3 million bbl to a new record high of 255.7 million bbl, compared with analysts' expectations for a 417,000-bbl gain. Distillate stockpiles, which include diesel and heating oil, rose by 1.3 million bbl, versus expectations for a 1.6 million bbl drop, the EIA data showed.
Kuwait’s KPC to sell struggling assets to cut costs
Nizar al-Adsani, chief executive of KPC, was quoted as saying the company had started efforts to sell its Europoort refinery in the Netherlands and had decided to shut a fertilizer plant.
US gasoline costs fall to lowest levels since 2009
The latest price was 37 cents lower than a year ago as competitive pressures prompted refineries to drop wholesale gasoline prices amid weak oil prices, Lundberg said.
Iran mulls investment stakes in foreign refineries
Hamid Sharif Razi said the NIOEC holds a 30% stake in a 250,000-bpd refinery project in Malaysia, and was planning to take a 40% stake in a 300,000-bpd refinery in Indonesia.
India’s reduced refined product exports contrast with Chinese boom
It seems clear that the trends are firmly established for now, and longer term it's likely that India may become a net importer of fuel, as domestic demand growth tops refinery construction.
Petrofac picks Bertin Technologies to track gas at Aramco’s Jazan refinery
The Second Sight solution has been selected by Saudi Aramco and Petrofac because it offers several benefits that complement conventional gas detection methods.
- Maersk to use SAF to decarbonize airfreight travel 11/29
- Foundation stone laid for 1.2-MMtpy blue ammonia plant in Qatar 11/29
- Traders using STS transfers near Senegal to export Russian naphtha to Brazil 11/29
- Mexican firefighters extinguish second fire in one week at Pemex refinery 11/29
- Australia's Ampol ends Lytton refinery repairs, provides output forecast 11/29
- Indonesia committed to introduce B40 biodiesel on Jan. 1 11/29
