Refining
Singapore's middle distillates stocks snap three-week uptrend
Singapore's middle distillates inventories fell 5% from last week, snapping three weeks of gains as a jump in net jet fuel/kerosene exports outweighed declines in diesel/gasoil net exports.
India surpasses China to become Russia's top oil buyer in July
India overtook China as the world's biggest importer of Russian oil in July as Chinese refiners bought less because of lower profit margins from producing fuels.
Unipetrol shutting Litvinov refinery for safety reasons after WW2 bomb found
Orlen's Czech unit Unipetrol is shutting down production in its Litvinov refinery after an unexploded WW2 bomb was found in a remote part of the chemical complex in Zaluzi.
PPG launches PPG PITT-THERM 909 spray-on insulation coating for oil and gas, infrastructure industries
PPG announced the launch of PPG PITT-THERM® 909 spray-on insulation (SOI) coating. This silicone-based coating is designed for high-heat environments in the oil and gas, chemical, petrochemical and other critical infrastructure industries.
Air Products and Saneg announce $140-MM assets acquisition deal in Uzbekistan
The Fergana refinery in Uzbekistan is starting the industrial production of hydrogen (H2) by transferring its H2 production assets to Air Products.
Japan signs 70 MoUs with partners on energy transition
Japan signed 70 memorandums of understanding (MoUs) on energy transition with partners on Wednesday on the sidelines of the Asia Zero Emission Community (AZEC) ministerial meeting in Jakarta.
Nigeria to start selling oil in local currency to Dangote refinery from October
Nigeria will start selling crude oil in its naira currency to the Dangote refinery from Oct. 1 in a move aimed at easing foreign exchange pressure on the country's main oil refinery.
EIA: U.S. crude stocks, gasoline and distillate inventories fall
U.S. crude stocks, gasoline and distillate inventories fell in the week ending August 16, the U.S. Energy Information Administration (EIA) said on Wednesday.
U.S. FAA awards nearly $300 MM to SAF projects and technologies
The Federal Aviation Administration (FAA) announced that $291 MM in funding was awarded from the Inflation Reduction Act for projects that will help achieve the goal of net-zero greenhouse gas emissions from aviation by 2050.
U.S. West Coast refiners still waiting for TMX margin boost
Canada's expanded Trans Mountain (TMX) oil pipeline, which commenced commercial operations in May, so far has had little impact on crude costs at refineries on the U.S. West Coast.
- Carbon capture tops agenda at GPAE Conference 2025 6/17
- INEOS to cease phenol production at German site, cites high European energy costs and CO2 tax policy 6/17
- Petrobras signs $892 MM in contracts to complete RNEST Train 2 refinery expansion 6/17
- China's May refinery throughput at 9-month low on plant overhauls (1) 6/17
- bp completes turnaround work at 250,000-bpd refinery in Washington (U.S.) 6/17
- Japan's Eneos restarts 77,000-bpd Kawasaki CDU after unplanned shutdown 6/17
