Refining
U.S. Senate bill would shrink tax credit for biofuels made from foreign feedstocks
U.S. Senate Republicans proposed a tax bill that would extend a clean fuel tax credit through 2031, but trim 20% of the value of the credit for biofuels made from feedstocks produced outside of the U.S.
UPM and Nokian Tyres introduce first concept tire with UPM BioMotion Renewable Functional Fillers
UPM Biochemicals and Nokian Tyres, a leading developer and manufacturer of premium tires, are set for an industry first with its concept tire partly based on UPM BioMotion™ Renewable Functional Fillers (RFF).
Andigreen and Data Pioneer Solutions to deliver integrated renewable fuel solutions in North America and Japan
Andigreen, the renewable-feedstock subsidiary of Andino Holdings LLC, and Data Pioneer Solutions, LLC (DPS) have announced a strategic partnership to deliver an end-to-end decarbonization solution for refineries in North America and Japan.
MAIRE, Azerbaijan partner to increase sustainability projects in Azerbaijan
The parties will focus on business opportunities in the renewable energy sector, low-carbon technologies, waste-to-energy solutions, green hydrogen, methane emissions reduction, and biofuels.
Israel's Oil Refineries says pipelines, transmission lines in Haifa damaged in strikes by Iran
Israel's Oil Refineries said its pipelines and transmission lines in Haifa had been damaged by missile strikes by Iran
Russia says it struck oil refinery that supplies Ukrainian army with fuel
Russian forces carried out an overnight strike on the Kremenchuk oil refinery that supplies fuel to Ukrainian forces in the Donbas region, Russia's defence ministry said on Sunday.
Aster Chemicals to increase Singapore refining capacity after acquiring splitter stake
Aster Chemicals and Energy intends to increase its crude processing capacity at its refining site in Singapore to more than 300,000 bpd, after buying a stake of more than 50% in a condensate splitter unit.
China's May refinery throughput at 9-month low on plant overhauls
China's crude oil throughput declined by 1.8% in May from a year earlier to the lowest level since August, official data showed on Monday, as maintenance at both state-owned and independent refineries curbed operations.
Algeria launches $7-B investment plan to expand hydrocarbon processing
Algeria has allocated a $7-B investment portfolio for major industrial projects aimed at increasing the conversion rate of hydrocarbons into higher value-added products from 32% to 50% in the next 5 yr.
Decision on oil refiner Italiana Petroli's sale expected around end-June
Italiana Petroli, which is currently in talks with three suitors interested in buying the oil refiner, is expected to take a decision on the potential €3-B ($3.5 B) deal around the end of this month.
- Envision Energy powers world's first green marine ammonia bunkering 7/25
- New catalyst breakthrough could make clean ammonia easier to produce 7/25
- U.S. Gulf refiners seek Middle East, S. American oil to offset Venezuela, Mexico losses 7/25
- CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions 7/25
- PetroChina makes FID for new northeast refinery complex 7/25
- Valero Energy beats Q2 profit estimates as refining margins improve 7/24
