Refining
Mexico's Pemex pumps less, refines more in third quarter
With many fields declining rapidly - especially former star producers in the Gulf of Mexico - and many new discoveries not living up to expectations, the behemoth has struggled to meet the government's ambitious production goal of 1.8 MMbpd.
Honeywell introduces new, innovative technology that produces low-cost, high quality renewable fuels from biomass
Honeywell has introduced a breakthrough technology that converts agricultural and forestry waste into ready-to-use renewable fuels for hard-to-abate sectors, such as the maritime industry.
Asia refining margins soar as sanctions threaten Russian supplies
The strength has mainly been driven by the global diesel market, which has staged an upward swing in recent weeks on robust demand and tighter supply prospects.
BPCL, Oil India to build $11-B refinery, petchem complex in southern state
Oil India is considering taking a 10%–20% stake in the planned refinery in Andhra Pradesh state, while BPCL is seeking additional partners for the project.
Airbus and Cathay form co-investment partnership for scaling SAF adoption
Under the terms of the partnership, the two companies will collaborate to identify, evaluate and invest in projects that support the scaling of SAF production towards 2030 and beyond. Projects will be assessed based on their commercial viability, technology maturity, and potential for long-term offtake.
Baker Hughes to supply key technology for Blue Point Number One Ammonia Plant (U.S.)
Baker Hughes’ critical technology solutions will enable the Blue Point Number One Ammonia Project to produce blue ammonia through an autothermal reforming (ATR) process along with an integrated CCS system designed to sequester up to 2.3 metric MMtpy of carbon dioxide (CO2).
Nigeria's Dangote refinery plans to expand to 1.4 MMbpd
The $20-B refinery on the outskirts of Lagos started operations in January 2024 and aims to end imports of refined petroleum products by Africa's biggest crude oil producer.
Mali strikes deal with Russia for petroleum products
Jama'at Nusrat al-Islam wal-Muslimin (JNIM) militants announced a blockade on fuel imports to the landlocked West African country in early September and have since attacked convoys of fuel tankers attempting to enter the country or reach the capital.
- Transitional Industries and CFEnergia sign feedstock supply contract for $3.3-B Pacifico Mexinol project 2/17
- Neste and World Fuel Services extend partnership, expanding SAF availability at more than 100 airports in Europe 2/17
- U.S. refined product exports by tanker increase to > 6.3 MMbpd in January 2/17
- Japan's oil and gas independence climbs to highest since 2009 2/17
- Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion 2/17
- Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure 2/17

