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Environment

Valero JV approves sustainable aviation fuel project at Texas plant

Refiner Valero Energy Corp and Darling Ingredients Inc said on Tuesday that their joint venture had approved a project to upgrade about half of the production capacity of Port Arthur renewable diesel plant in Texas to sustainable aviation fuel.

Baltic states bought twice as much Russian LPG last year

Russian exporters more than doubled sales of liquefied petroleum gas to the Baltic states in 2022, some of which was sold on to Ukraine, according to data from three trading and freight-handling sources covering the region.

Crude oil prices rise above $100 per barrel after Russia’s further invasion into Ukraine (1)

Since mid-January 2022, the geopolitical risk related to Russia’s further invasion of Ukraine has contributed to higher and more volatile crude oil prices.

Eni eyes biorefinery in Malaysia with Petronas, Euglena

Italian energy group Eni is studying the possibility of developing and operating a biorefinery in Malaysia together with Japan's Euglena and Malaysia's Petronas, the three groups said on Wednesday.

Indian petrochemical demand could rise threefold by 2040

India's annual petrochemical consumption could nearly triple to 80 MMt by 2040 forcing the country to either raise imports or invest into building new facilities, said an executive at the nation's top refiner Indian Oil Corp.

Indonesia targets sugar self-sufficiency in 5 yrs, eyes ethanol production

Indonesia will expand its sugar plantation area to try to become self-sufficient in the next five years and is eyeing development of renewable sugar-based ethanol afterwards, President Joko Widodo said.

Strike action, outages in France's refined product sector

France's refined products sector is under strain as a result of strike action over pay and unplanned maintenance which have led to more than 40% of its refining capacity being taken offline.

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.

Venezuela's second-largest refinery disrupted by outage

Venezuela's second largest refinery has suspended gasoline production following an internal electrical failure, four sources with knowledge of the situation said.

Tecam wins three new environmental technology projects for gas emissions treatment in The Netherlands

Tecam announced that it has been awarded three new projects for the removal of gases emissions derived from the venting processes generated at very relevant and technically leader industrial sectors in central Europe.