Crude oil
Strike action hits ExxonMobil’s oil and petrochemical plants in France
Strike action has reduced output at Exxon Mobil's 240,000 barrel per day (bpd) Port Jerome-Gravenchon oil refinery and Notre Dame de Gravenchon (NDG) petrochemical site in France
Fire caused by lightning storm hits Venezuela's Puerto la Cruz refinery
A fire caused by a lightning storm broke out at Venezuela's Puerto la Cruz refinery on Monday, leaving a tall plume of black smoke, according to government officials and sources.
China August refinery output near 2-year lows on outages
China's refinery crude throughput remained near two-year lows in August due to outages at several state refiners and independent plants which curbed production amid thinning margins and tepid demand.
The Downstream Rundown: In case you missed it 09/16
In case you missed any downstream news, here are the top stories from last week. These articles include announcements from Clariant, Aemestis, Evonik, ADNOC, Technip and more. Stay up to sate with the latest industry news.
German government considers taking Schwedt refinery under state control
Options on the table include the government taking a direct stake in the refinery as well as a possible trusteeship or state investment, Spiegel reported without specifying the sources.
Colombia's Ecopetrol to hike output at Cartagena refinery to 200,000 bpd
Colombia's Ecopetrol will hike output at its refinery in the Caribbean city of Cartagena by a third in a bid to meet national demand for fuels and reduce imports.
Refiners say fuel prices could increase and production plummet if rail strike proceeds
Upon sending the letter, Chet Thomson issued the following statement stressing the importance of rail transit to the refining and petrochemical industries and the need for broader rail reform.
ADNOC Refining to complete first phase of waste heat recovery project
ADNOC Refining, a joint venture company between the Abu Dhabi National Oil Company (ADNOC), Eni, and OMV, is set to complete the first phase of its innovative Waste Heat Recovery project at the General Utilities Plant in Ruwais, Abu Dhabi.
Fuel markets to stay tight till mid-2020s as refining shrinks
Crude oil refining capacity has shrunk by a record 3.8 MM barrels per day from March 2020 to mid-2022 as demand expanded, setting the stage for fuel markets to remain very tight until at least mid-decade.
North Asian refiners to get full allocation of Saudi crude in October
Saudi Aramco has notified at least three North Asian buyers that it will supply full contractual volumes of crude in October, sources with knowledge of the matter said on Monday.
- 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
- Yokogawa celebrates 50th anniversary of CENTUM DCS: A pioneering achievement 6/19
