Naphtha
Venezuela's PDVSA to keep producing, exporting and processing oil previously handled by Chevron
Venezuela's state-run PDVSA has put together three operational scenarios as part of a plan to continue producing and exporting oil at its largest JV with Chevron once a license for the U.S. major to operate in the country expires next month.
ExxonMobil buys naphtha as China petchem complex enters test runs
ExxonMobil has purchased several shipments of naphtha for its newly launched petrochemical complex in southern China as the U.S. energy major prepares for the formal start-up of the $10-B plant.
Russia naphtha exports to Asia fall to 1-yr low, support margins
Russian naphtha flows to Asia plummeted to a 1-yr low in February following fresh drone attacks on Russian refining infrastructure, boosting prices for the plastic raw material in the east.
Oil refiners adding renewable feedstock to produce cleaner fuels
Oil refiners are increasing their efforts to blend renewable feedstocks such as used cooking oil into their crude refining streams to meet global demand for cleaner fuels.
India's January fuel demand drops to 3-month low
India's January fuel consumption hit its lowest monthly level since October, but was up 3.2% year-on-year at 20.49 MM tonnes, oil ministry data showed on Friday.
CVR Energy says fire extinguished at Coffeyville, Kansas (U.S.) refinery
CVR Energy said a fire that broke out in the naphtha hydrotreater unit at a Coffeyville, Kansas refinery operated by a subsidiary has been extinguished.
Russian oil products trapped at sea by U.S. sanctions
Nearly 500,000 tonnes (t) of Russian oil products are trapped on tankers hit by U.S. sanctions.
Indian Oil to invest $7 B in naphtha cracker project
Indian Oil Corp. (IOC) will invest 610 B rupees ($7 B) to establish a naphtha cracker project in Paradip in the eastern state of Odisha.
Nigeria's Dangote Refinery hits 85% refining capacity
Nigeria's Dangote Refinery is now operating at 85% capacity and is on course to deliver European-standard products by January, an executive said on Friday.
Vitol agrees to acquire 66.84% of plastics recycling company WPU
Vitol B.V. has entered into a conditional agreement to acquire a controlling interest in Waste Plastic Upcycling A/S (WPU). On completion, which is subject to certain conditions precedent, Vitol will own 90.36% of the share capital of WPU.
- LyondellBasell, Covestro announce permanent closure of PO11 unit at Maasvlakte 3/20
- U.S. ethane production, consumption and exports set new records in 2024 3/20
- Nippon Steel obtains new certifications for pipes/tubes used in the chemical industry 3/20
- Fire extinguished at Phillips 66's Los Angeles refinery (U.S.) 3/20
- Maritime Technologies Forum announces new report to strengthen ammonia-fueled ships management 3/20
- Saudi Aramco launches first direct air capture test unit 3/20
