Refining
Russia’s Novatek redirects gas condensate to Novorossiisk after Ust-Luga complex shutdown
A drone attack caused a fire at Novatek's complex early on August 24 leading all operations, including fuel export loadings, to be fully shut for several days.
Fatal accident at Mongstad refinery
The deceased was employed by Crane Norway, a supplier of crane and lifting services at Mongstad.
Ducon launches R&D program to develop solvent-based carbon capture technology
The program aims to deliver a scalable, cost-effective solution to capture carbon dioxide (CO₂) from flue gas streams across power, cement, steel, oil and gas, and other hard-to-abate industries.
Ketjen completes expansion of its Bayport ZSM-5 facility
Ketjen Corporation proudly marked the official inauguration and ribbon-cutting of its newly expanded ZSM-5 manufacturing plant in Bayport, Texas (U.S.).
Australia promises $735 MM to launch biofuel industry
The money, to be released over 10 yrs from 2028, is intended to stimulate private investment in products like biodiesel and sustainable aviation fuel (SAF).
U.S. EPA keeps all options open in biofuel reallocation proposal
The proposal's failure to narrow down potential options is destined to extend the latest clash between Big Oil and Big Farm over the issue, as both industries vie for influence over U.S. energy and agricultural policy.
Vitol and Glencore to make formal bids for Chevron's Singapore refinery stake
Vitol and Glencore, which have other refining assets in the Asia-Pacific, are keen to acquire more and boost trade volumes in the region.
Summer diesel margins tighten with European supply shift
This summer, Europe’s increased reliance on imports from the Middle East, coupled with conflict-related disruptions to refineries and escalating geopolitical tensions, contributed to a tightened global diesel market.
Vitol, Sunoco take first gasoline cargo from Nigeria's Dangote to the U.S.
The delivery, on the tanker Gemini Pearl, marks a major milestone for the 650,000-bpd Dangote refinery, as energy market participants had been waiting to see when its production would start meeting strict U.S. motor fuels standards.
India's Nayara Energy increases fuel supply to HPCL after EU sanctions
Since the imposition of sanctions, Nayara has been operating its 400,000-bpd Vadinar refinery in western India at 70%–80% capacity.
- Asian gasoline margin spikes to highest since August 2023 11/14
- Lukoil-Moldova grants free use of airport fuel terminal to government amid U.S. sanctions 11/14
- Croatia rejects Russian vacuum gasoil cargo after U.S. sanctions 11/14
- Bulgaria wins UK sanctions reprieve on refinery, petrol stations 11/14
- China's Sinochem shuts one crude unit at Quanzhou after fire 11/14
- Enbridge approves $1.4-B project to boost Canadian oil flows to U.S. refiners 11/14
