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Refining

Sasol and Topsoe create JV to develop sustainable aviation fuel

Sasol and Topsoe have signed a Memorandum of Understanding (MoU) with the intent to establish a 50/50 JV in 2023 to develop sustainable aviation fuel solutions.

Chinese refining utilization dropped in 2022: The first time since 2000

In 2022, Chinese refiners processed less crude oil than they did in 2021, which was the first year-over-year decrease in processing according to data going back to 2000.

Technip Energies awarded FEED contract for Arcadia eFuels' project

Technip Energies has been awarded a FEED contract by Arcadia eFuels for the world’s first commercial eFuels facility for sustainable aviation fuels.

U.S. jet fuel shortage drives airline costs higher

Resurgent passenger aviation following the coronavirus pandemic has created shortages of jet fuel, pushing up airlines’ operating costs and fares.

Germany relaxes restrictions to expedite sale of Rosneft's stake in the Schwedt refinery

Germany plans to adjust its Energy Security Act to allow a quick sale of Russian energy group Rosneft's stake in the Schwedt refinery without the need for prior nationalization.

Kazakhstan to supply 100,000 tons of oil in March to the PCK Schwedt refinery in Germany

Kazakhstan will supply 100,000 tons of oil via Russia's Druzhba pipeline to Germany in March for the PCK Schwedt refinery.

Shell Catalysts & Technologies to increase pricing of catalyst products globally

Shell Catalysts & Technologies (SC&T) announces a global price increase of its refining and chemical catalyst products lines.

Kazakhstan increased oil exports bypassing Russia in 2022

Kazakhstan, the world's largest landlocked country, increased oil exports that bypassed Russia last year, but was still heavily reliant on supply channels via its neighbor.

Oil expects regional refining margins to stay elevated in 2023

South Korea's S-Oil said on Wednesday it sees regional refining margins in 2023 remaining elevated over pre-2022 levels, though the company posted a loss in the fourth quarter of 2022 on a fall in oil prices during the period.

Kuwait exports first modified diesel fuel shipment to Europe

Kuwait's National Petroleum Company exported its first shipment of modified diesel fuel to Europe through the Mina al-ahmadi refinery, the oil ministry said on Wednesday.