Refining
Russia lifts petrol export ban to get rid of surplus fuel
Russia has saturated the domestic market with fuel, which is why it decided to lift a ban on gasoline exports to get rid of surplus.
Ohmium selected to provide electrolyzers for green H2 at the INA Rijeka refinery in Croatia
Ohmium International was selected to equip the first green H2 project in Croatia with a PEM electrolyzer.
Belgium tightens fuel export specifications
The Belgian government plans to publish a royal decree that tightens the minimum specifications of motor fuel exports quality.
px Group and Hydrogen Solutions to accelerate the development of low-carbon, renewable fuels in Europe
px Group has developed a partnership with Hydrogen Solutions (HYDS), a leading Norwegian company specializing in developing, building and operating green hydrogen production plants. The collaboration aims to accelerate the development of low-carbon, renewable fuels and power in Europe.
Vietnam's Binh Son refinery plans new share issue to fund $1.5-B expansion
Vietnam's Binh Son Refining and Petrochemical said it plans to issue new shares as part of its efforts to fund a $1.5-B project to expand and upgrade its Dung Quat refinery.
Vivo Energy to invest over $550 MM in South Africa, continue supply contracts with local refineries
Vivo Energy, owned by global commodities trader Vitol, will invest an initial 10 B rand ($550.79 MM) in its South African operations following its merger with Engen.
Malaysia to cut diesel subsidies, saving $852 MM/yr
Malaysia will begin cutting fuel subsidies to bolster its fiscal position starting with diesel, a move that will save about 4 $852 MM/yr.
Indian refiner Reliance's April Russian oil imports up 11% month-to-month, India's Russian oil imports at 9-month high
India's Reliance Industries Ltd., operator of the world's biggest refining complex, shipped in about 351,600 bpd of Russian oil in April, up nearly 11% from the previous month.
Repsol: Renewable fuels are key to the transformation of the refining industry
Along with hydrogen production, the production of renewable fuels and gases from organic waste is one of the main examples of the transformation of the industry, which will generate employment and decarbonize the sector. Here, Repsol discusses several pathways the company is taking to produce additional renewable fuels, while decarbonizing operations.
Pemex is delivering only a fraction of feedstock to new Olmeca refinery
Mexican state energy company Pemex started sending 16,300 bpd of crude oil to its new Olmeca refinery this week, less than 5% of its total capacity, signaling another delay.
- 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
