Crude oil
Accelerating the transition to renewable fuels
The global push to neutralize carbon-based GHG emissions by 2050 not only holds great promise for the future of the planet, but it also stands to create millions of jobs, spur rapid growth and drive technological innovation.
China may extend refined fuel export quota into next year
China may tweak a proposed sharp increase in refined fuel export quotas for this year by extending the plan into next year, as it weighs the benefits to the economy of higher exports against low domestic stocks and operational challenges.
bp layoffs at Ohio refinery after fire indicate prolonged shutdown
bp laid off most contractors at the approximately 160,000 barrel-per-day Toledo, Ohio, refinery it owns with Cenovus Energy Inc, indicating that the plant will experience a prolonged shutdown following last week's explosion and fire.
Strikes knock already struggling French refined products sector
More than 60% of France's refining capacity is offline as strikes over pay and unplanned maintenance pile pressure on the refined products sector.
IRPC 2022: Combining incremental crude processing and enhanced residue upgradation at low cost
Session three of IRPC focused on sustainability. To open the session, Arun Arora and Malini Warrer from Chevron Lummus Global and Vinod Ramaseshan from Saudi Aramco delivered a presentation titled, “Heavy Oil Processing Initiative Combining Incremental Crude Processing and Enhanced Residue Upgradation at Low Cost and Energy.”
TotalEnergies Feyzin refinery shut to at least mid-October
TotalEnergies' 119,000 bpd Feyzin oil refinery in southern France is likely to remain offline until mid-October at the earliest, a CGT union delegate said on Monday.
India's BPCL signs MoU with Petrobras to diversify oil sourcing
India's state-run Bharat Petroleum Corp said it had signed a preliminary agreement with Brazil's national oil company Petrobras to help it diversify its crude oil sourcing.
The downstream rundown: In case you missed it 09/23
In case you missed any downstream news, here are the top stories from last week.
Galp's Sines refinery to shut down for 25 days in October
Portugal's 220,000 barrels per day Sines refinery, owned by Galp Energia, will shut down for 25 days starting on a yet unspecified date in October for planned maintenance.
Repsol to begin two-month turnaround at Tarragona oil refinery in Spain
Spanish energy giant Repsol is investing 100 MM euros to reduce emissions at its 186,000 bpd Tarragona refinery in Spain, which begins two months of maintenance at the end of the week.
- px Group signs LOIs for major SAF and green hydrogen/ammonia projects in Europe 6/19
- How TotalEnergies is utilizing hydrogen to decarbonize its refineries in Europe 6/19
- Oil tanker market signals more Middle East energy disruption ahead 6/19
- Yokogawa collaborates with Shell on robotics and AI technology for plant maintenance 6/19
- Alder Process Technology uses APS to produce low-carbon marine fuels 6/19
- Asia-Pacific on course to become world’s largest CO2 shipping market 6/19
