Refining
Emerson’s new tank monitoring hub optimizes inventory management and operational efficiency
The insights provided by the hub help to optimize inventory management, leading to improved decision-making, increased operational efficiency and reduced costs.
PetroChina to phase out 19 old refining, chemical units to curb sector glut
The world's second-largest oil consumer is facing a faster-than-expected peak in fuel demand due to rapid electrification of its transportation fleet and a petrochemical sector that is plagued by excess capacity and poor margins.
Slovak refiner Slovnaft says Croatia's Janaf cuts supply of non-Russian crude
Slovnaft, part of Hungary's oil and gas group MOL, mostly processes Russian oil and an exemption to EU sanctions that allowed it to export products to the Czech Republic derived from those deliveries expired in June.
Russia's Volgograd oil refinery halts operations after Ukrainian drone attack
Ukraine has for several months been striking Russian oil refineries, depots and pipelines, while Ukrainian energy infrastructure has also been the target of Russian strikes in a war that is approaching its fourth year.
Fire at Belarusian oil refinery Naftan has been put out
The fire was caused by an incident involving diesel fuel at a technological unit.
Research: Middle East sets the pace for autonomous operations in energy sector
The Middle East findings of Schneider Electric’s Autonomous Maturity research indicates a shift in autonomous readiness within the region’s energy sector, with many organizations claiming to operate at Level 4 of the ARC Autonomous Operations Maturity Model.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
