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Refining

Ghana begins construction of $12-B petroleum hub

Ghanaian President Nana Akufo-Addo has broken ground on the construction of a 300,000-bpd oil refinery that the government hopes will turn the West African country into the region's petroleum hub.

Process technology: SICK and Endress+Hauser sign strategic partnership

German sensor company SICK and the Swiss measurement and automation technology specialist Endress+Hauser have agreed on a strategic partnership. Endress+Hauser will take over worldwide sales and service of SICK’s process analyzers and gas flowmeters, with a JV to be established for their production and further development.

Shell Singapore shuts Bukom refinery units for maintenance

Shell Singapore has shut one crude distillation unit (CDU) and other facilities at its refinery on Bukom island for a scheduled overhaul.

Russian oil refining volumes up in August

Russian oil companies have boosted oil refining volumes this month as Gazprom plants ramped up output.

Oil spill reported off Venezuela's Caribbean coast

An oil spill, which appeared to originate from Venezuela's El Palito refinery several days ago, has contaminated a bay off the country's north-central coast in the Caribbean Sea.

California aims to tackle pump spikes by requiring gas reserves

California Governor Gavin Newsom proposed a plan on Thursday requiring oil refiners to maintain minimum reserves of gasoline in an effort to prevent price spikes.

U.S. biofuel output capacity rose last year on renewable diesel rush

Five new renewable diesel production plants opened last year, boosting U.S. output of the drop-in diesel substitute and other emerging biofuels by 44% to 282,000 bpd.

Brazil's fossil push undermines Lula's green ambitions

Brazil is positioning itself as a leader in the global transition towards clean energy, with hydropower as its top source of electricity, wind and solar growing rapidly, and renewables fueling a quarter of its transport. But Brazil has also invested heavily in fossil fuels, and the government plans to turn the country from world's seventh biggest oil producer into its fourth by 2030.

Diesel consumption falls in China due to reduced economic activity and fuel substitution

The U.S. EIA estimates that diesel consumption in China totaled 3.9 MMbpd in June 2024, a decline of 11% from the same month last year and the largest year-over-year decline in consumption for any month since July 2021.

China's July oil refinery output sinks to the lowest since Oct 2022

China's oil refinery output in July fell 6.1% from a year earlier, down for a fourth month as thin processing margins and tepid fuel demand discouraged production.