Refining

China and India easing away from Russian crude oil may be temporary

There are signs that China and India are pulling back from buying Russian crude oil ahead of the Group of Seven nations' proposed price cap and a European Union ban on imports.

South Korea warns of supply disruptions, economic damage if truckers strike

South Korea's prime minister urged unionized truckers to scrap plans to go on strike this week to spare the economy what he called paralysis and irreversible damage, fueling fears for the post-pandemic recovery of global supply chains.

LUKOIL's Bulgarian refinery may shut down if it cannot export

LUKOIL Neftochim Burgas , Bulgaria's only oil refinery, may have to shut down if the government does not follow through on plans to allow the Russian-owned business to continue exporting, Chief Executive Ilshat Sharafutdinov said.

Workers at bp refinery will not help with restart unless wage demands met

Workers at bp's Rotterdam refinery, which is currently offline, will not help restart operations unless their wage demands are met, union leaders said on Monday.

Online Feature: What you need to know about emergency isolation valves

Whether they are off-the-shelf or custom designed, EIVs are one of the most critical pieces of equipment in a refinery. The proper operation of EIVs is crucial for the safety of the workers in the plant and plant equipment, and lack of performance can be extremely costly.

Kuwait refinery Al Zour issues its first LSFO tender

Kuwait has issued its first tender offering low-sulfur fuel oil (LSFO) from its recently commissioned Al Zour refinery, several industry sources said on Friday.

Italy considers asking for EU embargo waiver to save Lukoil refinery

Italy is considering several options to save a Lukoil-owned refinery in Sicily, including asking the European Union for a temporary waiver on upcoming sanctions on Russian oil.

Refiner Slovnaft to cut Russian oil intake to 60%

Slovakia's sole oil refiner Slovnaft will cut the share of Russian oil in its processing activities next year to about 60% from about 95% and use other blends to comply with sanctions on Russia, the company said.

St. Croix refinery cannot restart without new permit, air pollution tech

The refinery was sold for $62 MM in December 2021 to West Indies Petroleum and Port Hamilton Refining and Transportation, following the bankruptcy of its former private equity owners.

Saudi Aramco to invest in $7 B petchem project in South Korea

Saudi Aramco said it plans to invest in a $7 B project to produce petrochemicals from crude oil at its South Korean affiliate S-Oil Corp's refining complex in the port city of Ulsan.