Refining

Serbia's Russian-owned NIS refiner buys first crude since U.S. sanctions waiver

Washington imposed sanctions on NIS in October as part of broader measures targeting Russia's energy sector over Moscow's war in Ukraine.

U.S. refiner Marathon Petroleum says it will be bidding for Venezuelan crude oil

Caracas and Washington reached a deal this week to export up to $2 B worth of Venezuelan crude, some 30 MMbbl–50 MMbbl, to the United States.

Shell flags chemicals and products unit loss, raising doubts over $3.5 B buyback

Outokumpu to collaborate with Norsk e-Fuel to convert carbon side streams into eSAF

Haffner Energy and IGNIS P2X launch bio/eSAF project AeroVerde in Spain

Aether Fuels receives millions of additional funding to accelerate SAF production in Singapore

Corteva and bp launch biofuel feedstock joint venture Etlas™

Larsen & Toubro delivers first feed to HPCL's 3.55-MMtpy LC-Max residue upgrading facility

U.S. refiners to benefit from Venezuelan crude oil imports

Verdant Specialty Solutions completes acquisition of Lubrizol’s Elmendorf, Texas (U.S.) manufacturing and R&D assets

The Elmendorf acquisition significantly strengthens Verdant’s position in the oil and gas production chemicals market, expanding its technology offering with the addition of H₂S scavengers, scale inhibitors, corrosion inhibitors, and other specialty oilfield chemicals.