Management

Russia's Tuapse oil refinery suspends processing due to low margins

Shell's Q3 refining margins drop sharply

Shell's refining profit margins dropped by nearly 30% in the third quarter from the previous three months as global demand sagged, while oil product trading earnings also weakened.

Iraq's Kerbala refinery non-operational due to maintenance

Iraq's Kerbala refinery is under extensive maintenance and has been non-operational since Sept. 25, knocking out 150,000 bpd of processing capacity.

Eni may sell more stakes in renewable, biofuel units retaining majority

Italy's Eni will decide about additional stake sales in its renewable and biofuel units, its CEO said, keeping in mind that it wants to list them on the stock market and retain the majority of their capital.

OCI Global completes $2.35-B sale of clean ammonia to Woodside

OCI Global announced the completion of the sale of 100% of its equity interests in its 1.1 MMtpy Clean Ammonia project under construction in Beaumont, Texas to Woodside Energy Group Ltd for $2.35 B.

Digital Exclusive: Unlocking the power of hydrogen processing: Ensuring safety and driving profits

Harnessing the potential of hydrogen for energy generation requires a deep understanding of the associated safety considerations. When it comes to hydrogen processing, it’s important to examine hydrogen’s unique challenges and the innovative approaches that business leaders can adopt to ensure safety while driving profitability in the hydrogen processing industry.

Cybersecurity: A discussion on the EU's NIS2 Directive with ABB's Global Cybersecurity Lead Tobias Nitzsche

Hydrocarbon Processing sat down with Tobias Nitzsche, Global Cyber Security Practice Lead, ABB, to discuss the European Union’s (EU’s) NIS2 Directive—the EU-wide legislation on cybersecurity—and how it will affect the hydrocarbon processing industry.

Ineos to cease refinery operations at Grangemouth

Petroineos has announced its intention to cease refinery operations at Grangemouth and transition to a finished fuels import terminal and distribution hub during Q2 2025.

Aramco signs agreements with Rongsheng and Hengli Group

Aramco has signed a Development Framework Agreement with Rongsheng Petrochemical Co. Ltd. and a Strategic Cooperation Agreement with Hengli Group. This agreements focus on the possible expansion of Saudi Aramco Jubail Refinery Company (SASREF) facilities and the possible acquisition of a 10% stake in Hengli Petrochemical Co., Ltd.

AIChE and IChemE sign MoU to strengthen international STEM talent pool

The American Institute of Chemical Engineers (AIChE) and the Institution of Chemical Engineers (IChemE)—two professional societies dedicated to advancing the application of chemical engineering expertise internationally—have signed a Memorandum of Understanding (MoU) to further collaboration for the benefit of chemical and process engineering and society as a whole.