http://www.hydrocarbonprocessing.com Hydrocarbon Processing Evonik expands sodium methylate production in Argentina to meet growing demand for biofuels http://hydrocarbonprocessing.com/news/2024/07/evonik-expands-sodium-methylate-production-in-argentina-to-meet-growing-demand-for-biofuels/ Evonik has announced the expansion of its sodium methylate production capacity at its Rosario plant, located in the Sante Fé Province in Argentina. AXION Energy revolutionizes operator training with virtual reality technology http://hydrocarbonprocessing.com/news/2024/07/axion-energy-revolutionizes-operator-training-with-virtual-reality-technology/ AXION Energy has introduced the use of virtual reality headsets for training their operators at the Campana refinery. This initiative will create immersive spaces to resolve issues in real-time, including the selection and use of tools and enhancing the learning experience. U.S. West Coast refinery margins slump despite reduced capacity http://hydrocarbonprocessing.com/news/2024/07/us-west-coast-refinery-margins-slump-despite-reduced-capacity/ U.S. refiners are making less money turning crude oil into fuels on the West Coast as the region's gasoline inventories grow and the use of biofuels increases. Russia tests armored plating to protect energy infrastructure from drones http://hydrocarbonprocessing.com/news/2024/07/russia-tests-armored-plating-to-protect-energy-infrastructure-from-drones/ Russia's state-owned Rostec corporation said on Thursday it has successfully conducted trials of armored plating designed to protect critical infrastructure from drone attacks, grenades and bullets. OPEC sticks to 2024 oil demand view, sees strong travel season http://hydrocarbonprocessing.com/news/2024/07/opec-sticks-to-2024-oil-demand-view-sees-strong-travel-season/ OPEC is sticking to its forecast for relatively strong growth in global oil demand in 2024 and next year, saying on Wednesday that resilient economic growth and air travel would support fuel use in the summer months. EIA: Global oil market will be in supply deficit next year http://hydrocarbonprocessing.com/news/2024/07/eia-global-oil-market-will-be-in-supply-deficit-next-year/ Global oil demand will outpace supply next year, the U.S. Energy Information Administration (EIA) said on Tuesday, reversing a prior forecast for a surplus. Update: Power outages hinder Hurricane Beryl recovery, delay port, infrastructure restarts http://hydrocarbonprocessing.com/news/2024/07/update-power-outages-hinder-hurricane-beryl-recovery-delay-port-infrastructure-restarts/ About 1.7 MM customers remained without power in Texas on Wednesday morning, two days after Hurricane Beryl made landfall, as progress was slow during the night, hampering efforts to restore critical oil infrastructure. DNV validates Carbon8’s carbon capture and utilization methodology http://hydrocarbonprocessing.com/news/2024/07/dnv-validates-carbon8-s-carbon-capture-and-utilization-methodology/ DNV, the independent energy expert and assurance provider, has validated the methodology developed and used by Carbon8, an innovative cleantech company specializing in helping hard-to-abate industries reduce carbon emissions and landfilling of thermal residues. India eyes energy deals with Rosneft, other Russian companies http://hydrocarbonprocessing.com/news/2024/07/india-eyes-energy-deals-with-rosneft-other-russian-companies/ India wants to strengthen its energy ties with Russia and could seek deals with Rosneft and other leading Russian oil firms as part of a broader push to boost bilateral trade. Oil companies, refineries in Texas restoring operations following hurricane Beryl http://hydrocarbonprocessing.com/news/2024/07/oil-companies-refineries-in-texas-restoring-operations-following-hurricane-beryl/ Oil and gas companies in Texas were restarting operations on Tuesday after Hurricane Beryl lashed the state with 80-mph winds, damaging property and leaving millions of people without power.