Refining
EIA: Supply issues, compliance costs drive up California (U.S.) fuel prices
Drivers in California pay higher prices at the pump than any other state in the country due to supply issues, costs from environmental compliance and fuel requirements, and high state taxes and fees,
ABS and Akselos complete technical assessment for FPSO digital twin technology
ABS, a global leader in providing classification services for marine and offshore assets, with Akselos S.A., a global leader in structural performance management (SPM) software, have completed a technical assessment for structural digital twin technology. This marks a significant advancement in the application of digital twin technology for FPSO units, enabling more accurate and reliable assessments of structural integrity.
Sunoco to acquire Parkland in $9-B deal as Americas fuel market consolidates
Sunoco will buy Canada-based Parkland in a deal valued at about $9.1 billion, including debt in a move the companies said would create the largest independent fuel distributor in the Americas.
Hazer and KBR enter global deal to accelerate licensing and commercialization
Hazer Group Ltd. has entered into a binding alliance agreement with Kellogg Brown and Root LLC, a global leader in technology and engineering solutions, for the commercial deployment and licensing of Hazer’s proprietary methane pyrolysis technology.
Repsol and Bunge to boost development of renewable fuels in Europe with intermediate crops
The companies will collaborate to process intermediate crops into low-carbon intensity oils to be used as feedstock for the production of renewable diesel or sustainable aviation fuel (SAF).
Repsol surpasses 1,000 service stations with 100% renewable Nexa Diesel
The multi-energy company's goal is to end the year with 1,500 service stations offering this fuel in the Iberian Peninsula.
Digital Exclusive: From safety silos to strategic insights: Digitally transforming SIS management
When it comes to digital transformation, refining and processing operators face unique challenges. Unlike other industries already leveraging digital twins to improve design, enable predictive maintenance and boost operational efficiency, the refining and processing sectors often struggle with data management.
Norway's Mongstad oil refinery maintains operation during partial evacuation
Norway's Mongstad oil refinery was partially evacuated on Friday when smoke was detected at an electricity substation on the site, although the plant's production continued during the incident.
Canada's Imperial Oil posts rise in quarterly profit on stronger refining margins
Canadian oil producer Imperial Oil posted a rise in first-quarter profit on Friday, driven primarily by stronger margins in its refining and fuel sales business, sending its U.S.-listed shares up nearly 6% before the bell.
One worker killed in fire at Kuwait's Mina Abdullah refinery
Kuwait National Petroleum Co. (KNPC) said on Thursday that one worker was killed and four were injured in a limited fire that had been extinguished at the Mina Abdullah refinery's desulfurization unit
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
