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Refining

Russia's Tuapse oil refinery remains idle after May 17 drone attack

Rosneft's Black Sea oil refinery in Tuapse may remain idle until at least mid-June, despite being repaired after a May 17 drone attack, due to low profitability.

Germany approves unrestricted sales allowances of 100% renewable diesel

With this approval, Germany is following other EU countries in which the sale of 100% renewable diesel at public fueling stations has long been permitted.

Aspentech announces new and expanded capabilities in latest version of aspenONE

Aspen Technology, Inc. introduced new and expanded capabilities now available in aspenONE®, helping customers achieve new levels of operational excellence with expanded Industrial AI throughout the portfolio, additional integration of industrial data management across solutions, and advancements in planning and scheduling capabilities.

Indian refiner-Reliance-to buy Russian oil in roubles

India's Reliance Industries Ltd., operator of the world's biggest refining complex, has signed a 1-yr deal with Russia's Rosneft to buy at least 3 MMbbls of oil/month in roubles.

Indonesia's Pertamina conducting gasoline tender for June

Indonesia's Pertamina is conducting a tender to procure 98-octane gasoline for June, an official at procurement subsidiary Pertamina Patra Niaga said.

U.S. Gulf Coast imports of straight-run fuel oil at record as global supply jumps

Imports of straight-run fuel oil (SRFO) to the U.S Gulf Coast were set to climb to record levels this month as Mideast and African suppliers ramped up exports and U.S. refiners scrambled for heavy feedstocks.

bp, Shell agree to sell their shares in South Africa's SAPREF refinery

bp Southern Africa and Shell Downstream South Africa have reached an agreement for the sale of their respective 50% ownership assets located at the SAPREF Refinery Precinct to the South African state-owned entity, Central Energy Fund SOC Ltd.  

Neste expands its sustainable aviation fuel supply capabilities in Europe in partnership with VTTI

Neste has further expanded its capability to supply sustainable aviation fuel to customers in Europe in cooperation with VTTI, a global leader in energy storage and developer of energy infrastructure.

U.S. biodiesel imports have doubled since 2022

Annual U.S. biodiesel imports doubled from 2022 to 2023 to 33,000 bpd and continued to rise in the first two months of 2024.

Murphy completes UK refining exit with petrol stations sale

Murphy Petroleum has signed an agreement to sell its UK petrol stations to Motor Fuel Group, completing its exit from Britain's oil retail market.