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Refining

BASF with solid start to the year: EBITDA before special items in first quarter of 2024 slightly above analysts’ consensus

In 2024, BASF commenced the year strongly, unveiling first-quarter figures coinciding with the Annual Shareholders’ Meeting at the Congress Center Rosengarten in Mannheim, Germany, anticipating a comparable turnout to the previous year of around 5,000 attendees.

Russia's oil refining near 11-month low

Russia's weekly oil refining hit a near 11-month low due to flooding and a slowdown in repairs to plants that were hit by Ukrainian drone attacks.

Renewable fuels project in Canada begins production

A Fluor Corporation project reached a major milestone recently with the production startup of the Braya Renewable Fuels facility in Come by Chance, Newfoundland and Labrador, Canada.

Russia's Bashneft oil company installs anti-drone nets to protect refineries

Russian oil producer Bashneft has installed anti-drone nets to protect key facilities at its refineries from potential Ukrainian attack, the head of the republic of Bashkortostan where the company is based was quoted as saying.

Lower oil refinery output hits value of Russia's Q1 exports

Lower production at Russian oil refineries was partly to blame for the continued decline in the country's exports in the first quarter of this year.

Meridian Energy Group’s Davis Refinery Project in North Dakota (U.S.) will be the world’s first net-zero carbon refinery

The Davis Refinery is a fully-permitted 49,500-bpd, innovative, greenfield refinery being built in Belfield, North Dakota (U.S.) will utilize state-of-the-art environmental technology and controls to produce ultra clean transportation fuels for local and regional sales.

Niger plans to build diesel refinery and increase supplies to Mali

Niger will create a diesel refinery to supply its Sahel allies and plans a more than six-fold increase in diesel shipments to Mali to tackle that country's energy crisis.

Russia's offline primary oil refining capacity revised up for April

Russia's offline primary oil refining capacity has been revised upwards for April by 107,000 metric tons from previous expectations to 4.430 MMt.

China refiners imported record amounts of crude oil in 2023

Refiners in China imported record volumes of crude oil in 2023 to supply the country’s increasing refining capacity in order to support the country’s transportation fuel needs and produce feedstocks for its growing petrochemical industry.

Singapore fuel oil stockpiles extend slide to five-week low

Singapore's onshore fuel oil stockpiles extended declines to a five-week low, although inventory levels continued to average higher compared to last month.