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Refining

Green Fuels for Denmark receives IPCEI status

The funding will help enable the consortium behind Green Fuels for Denmark to develop the first phases of the project as part of the industrialization of renewable hydrogen and green fuels needed to compete with fossil-based alternatives.

Online Exclusive Executive Viewpoint: The economics of reliability: Global refining 2022

The refining segment provides some of the starkest examples of reliability, facility performance, and profitability that we have seen in recent history. Still, the takeaway continues to be the same: when it comes to big industries, reliability wins, and unreliability loses.

IEA chief says price cap on Russian oil should include refined products

Prices of refined products, such as gasoline and diesel, have soared even more than crude oil in the wake of the loss of Russian supply, because of a global refinery capacity crunch following the closure of several plants around the world.

U.S. refiners step up imports of gasoline-friendly West African crude

U.S. refiners last quarter imported West African oil at the highest rate in nearly three years, customs data showed, buying the gasoline-friendly crudes as they boosted motor fuel production to meet summer driving demand.

Venezuela's refining arm Citgo on the verge of yet another power shake-up

A new battle for control of Citgo Petroleum, the eighth largest U.S. oil refiner and Venezuela's foreign crown jewel, could soon be unleashed under a proposed management shake-up by the South American country's opposition lawmakers.

Advanced Petrochemical to invest $1.6 B in three Saudi plants

Advanced Petrochemical Company, based in Saudi Arabia, said that one of its subsidiary, Advanced Polyolefins Industry Company has signed several agreements worth $1.6 B to fund the construction of plants at Jubail Industrial City II.

UK to examine petrol and diesel market in depth

Britain launched an in-depth study of the gasoline market to investigate a widening gap between crude oil and fuel prices, as well as the difference between pump prices in rural and urban areas.

Austria to tap fuel reserves again during refinery outage

Austria said it plans to release fuel from its national reserves for a second time since an accident at the country's biggest refinery in June prolonged an outage that is set to continue at least for another month.

Citgo ready to resume oil imports from Venezuela if U.S. authorizes

Citgo Petroleum is willing to resume imports of Venezuelan crude, suspended since 2019 by Washington's sanctions on its parent company PDVSA, if the U.S. government authorizes the flow.

Developing and utilizing a novel, toughened epoxy adhesive

Belzona Polymerics Ltd.: Wade, I.

When identifying solutions that can offer assurance and longevity, the maintenance and reliability of asset repairs can be challenging.