Economics
China oil demand growth poised to slow to around 4% in H1 2024
China's oil demand growth likely to ease in H1 2024 to around 4% with resurgent consumption from the aviation and petrochemical sectors offset by weaker diesel usage.
Singapore's middle distillates dip slightly amid surging exports
Singapore's middle distillates inventories fell marginally week-on-week as net exports of both gasoil and jet fuel/kerosene grew.
Scotland's Grangemouth refinery faces closure
PetroIneos is preparing to shut down its Grangemouth oil refinery in Scotland to convert it into a fuels import terminal as it faces growing international competition.
Russia to lift remaining restrictions on diesel fuel exports soon
Russia will soon lift remaining restrictions on diesel fuel exports, Deputy Prime Minister Alexander Novak said on Wednesday speaking in the upper house of the parliament.
China October gasoline exports fall 20% on year, diesel shipments up
China's gasoline exports fell 20% in October from a year earlier, as domestic road travel surged during the Golden Week holiday. Jet fuel demand increased, as well.
Industry Primer: What is OPEC+ and how does it impact oil prices?
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, are known as OPEC+ and will meet in Vienna, Austria, on Nov. 26 to discuss their joint output policy.
TotalEnergies Texas (U.S.) FCC work to continue to late November
A planned overhaul of the gasoline-producing fluidic catalytic cracker at TotalEnergies’ 238,000-bpd Port Arthur, Texas refinery is expected to continue into late November, said people familiar with plant operations.
API Announces the 5th Edition of RP 572 on Pressure Vessels Inspection Practices
The American Petroleum Institute is pleased to announce the release of the 5th edition of Recommended Practice 572, Inspection Practices for Pressure Vessels.
Petrobras partners with European Energy to explore e-methanol business prospects
Petrobras agreed a Memorandum of Understanding with the Danish company, European Energy, to investigate the business opportunities for developing an e-methanol plant in Brazil, on a non-binding basis.
Russia lifts gasoline export ban - energy ministry
Russia has lifted restrictions on gasoline exports, the energy ministry said, after scrapping most restrictions on exports of diesel last month, saying there was a surplus of supply while wholesale prices had declined.
- INEOS receives €300-million grant to rejuvenate and decarbonize its Lavera plant 2/19
- AGC Vinythai commissions expanded chlor-alkali plant and e-BiTAC electrolyzers from thyssenkrupp nucera 2/19
- BASF launches AdBlue GE (green electricity) to decarbonize mobility value chain 2/19
- Carbon Neutral Fuels select Johnson Matthey, bp and Honeywell UOP technologies for UK SAF plant 2/19
- ExxonMobil starts operations on second carbon capture project in Louisiana (U.S.) 2/19
- Pall introduces two new technologies to reduce CAPEX and TCO in oil and gas processing 2/19
