Refining
Surge in U.S. oil flows to China may curtail Middle East shipments
China's imports of U.S. oil are expected to rise to a 20-month high in September and may increase more in November as refiners take advantage of lower prices amid a surge in U.S. exports from rising output and stockpile releases.
Eight injured in fiery blast at idled Canadian oil refinery
A fire and explosion at an idled oil refinery in Canada's Newfoundland and Labrador province injured eight people before the blaze was contained, Canadian police said.
ExxonMobil to sell its share of Aera Energy joint venture
ExxonMobil affiliates have signed an agreement to sell all of ExxonMobil’s interests in the Aera oil-production operation in California to Green Gate Resources E, LLC, a subsidiary of IKAV.
Iraq oil exports unaffected by political turmoil
Iraq's oil exports are unaffected by the current political turmoil in the country.
U.S. expected to announce 3 years of biofuel blending mandates in Nov
The Biden administration is expected to announce a rule this year that would detail annual biofuel blending mandates for the refining industry for a three-year period instead of just for one.
China's clean marine fuel output seen at record this year
Chinese refiners are expected to produce more than 15 MMt of very low sulphur fuel oil (VLSFO) this year, a record level, as the country allows greater competition in the marine fuel sector
Axens pyrolysis gasoline unit successfully started-up at Hyundai Chemical petrochemical complex in South Korea
Axens and Hyundai Chemical Co. successfully achieve the start-up of the pyrolysis gasoline (Pygas) unit, part of the Hyundai Chemical petrochemical grassroots complex in Daesan, South Korea.
China's Sinopec starts first carbon capture, storage facility, plans another two by 2025
China's Sinopec said it has put into operation the country's largest carbon capture, utilization and storage facility in east China, and plans to build two more plants of similar size by 2025.
The downstream rundown: In case you missed it 08/26
In case you missed any downstream news, here are the top stories from last week.
India's top refiner to spend $25-B for 2046 net-zero goal
Indian Oil Corp, the country's top refiner, plans to invest more than $25 B to achieve net-zero emissions from its operations by 2046, its chairman S. M. Vaidya said at an annual shareholders meeting.
- thyssenkrupp Uhde to build a low-emission polyester plant for KÖKSAN in Turkey 4/9
- Southern Energy Renewables and Axens Sign MoU to advance SAF projects in Louisiana and beyond 4/8
- One of the largest heat pumps in the world has reached BASF's Ludwigshafen site 4/8
- LANXESS introduces surcharge for Lewatit ion exchange resins 4/8
- HyOrc secures industrial site and accelerated permitting path for Portugal green methanol project 4/8
- India raises HPCL Rajasthan Refinery project cost to $8.6 B 4/8
