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Refining

Radix, Celanese, Cognite partner to develop JO.AI, a groundbreaking generative AI-powered solution

Radix and Celanese will collaborate with Cognite on the development of JO.AI, a groundbreaking generative AI-powered solution designed to revolutionize operations in asset-intensive industries.

ExxonMobil’s next-generation H2 burner can help decarbonize a key industry

At its olefins plant in Baytown, Texas, ExxonMobil has designed and installed pyrolysis burners that can operate on up to 100% H2 fuel. A total of 44 burners were installed in one of the plant’s steam cracking furnaces.

Russian oil refining rises as U.S. sanctions target crude

Russian refineries are processing more crude oil in the hope of boosting fuel exports after new U.S. sanctions on Russian tankers and traders made exports of unprocessed crude more difficult.

China 'teapot' refiners halt plants as new fuel tax

Several independent oil refineries in eastern China have halted operations, or plan to do so, for indefinite maintenance periods as new Chinese tariff and tax policies plunge them deeper into losses.

Emerging Fuels Technology awarded technology licensing contract for seawater CO2-to-SAF conversion plant

Emerging Fuels Technology's proprietary technology platform will be used on Sea Dragon Energy's demonstration plant that will convert CO2 extracted from seawater into synthetic jet fuel (sustainable aviation fuel).

Yokogawa, UptimeAI partner to enhance asset performance management in industrial plants

Yokogawa Electric Corporation and UptimeAI Inc. announced a strategic agreement aimed at dramatically enhancing asset performance management in industrial plants. The agreement is underscored by a capital investment in UptimeAI by Yokogawa.

Yokogawa and UptimeAI partner to deliver operational excellence through AI-powered APM

Yokogawa Electric Corp., a global leader in industrial automation and control, and UptimeAI Inc., a provider of a cutting-edge artificial intelligence (AI)-based operational excellence platform designed to mimic experts in identifying and solving operational issues, have announced a strategic agreement aimed at dramatically enhancing asset performance management (APM) in industrial plants.

U.S. crude stockpiles hit near 3-yr low despite softer refinery demand

U.S. crude oil inventories slipped to their lowest level since March 2022 last week, even as refining activity fell sharply, cutting demand for crude.

Australia's Ampol expects lower annual earnings on Lytton refinery snags

Australia's Ampol estimated a steep drop in annual earnings on Thursday as production at its Lytton refinery in Queensland was hit by operational constraints and lower refining margins.

Ukrainian drones hit big Russian oil refinery at Ryazan

Ukrainian drones hit a Russian oil refinery in the city of Ryazan overnight, causing a fire and damaging equipment at one of Russia's biggest refineries.