Distillation
Summer diesel margins tighten with European supply shift
This summer, Europe’s increased reliance on imports from the Middle East, coupled with conflict-related disruptions to refineries and escalating geopolitical tensions, contributed to a tightened global diesel market.
MOL Petrochemicals conducts first circular feedstock test at its Tiszaújváros site in Hungary
MOL Group has achieved a significant milestone in its SHAPE TOMORROW Strategy by successfully completing its first ISCC PLUS-certified production run using circular feedstock at its MOL Petrochemicals site in Tiszaújváros, Hungary.
Solvay doubles Zhenjiang production capacity of high-purity electronic grade hydrogen peroxide
Solvay officially opened a significant expansion at its Zhenjiang, China, facility, doubling its production capacity for electronic grade hydrogen peroxide (H2O2) annually.
Chevron seeks diversified approach to refinery investments
"There'll be places like Korea where we go investment heavy in petrochemicals and in heavy oil upgrading."
China oil demand to peak in 2027, up 100,000 bpd this year
China's total oil demand including all products is set to peak in 2027, with a rise of about 100,000 bpd this year driven by increased volumes from the petrochemicals sector, a state oil researcher said.
BAPCO expects to commission 400,000-bpd Sitra refinery in Q4
Bahrain's state oil firm Bapco Energies expects to commission its Sitra refinery expansion in the fourth quarter of this year, and will be looking to buy heavier crudes than it now runs and more LNG
Shell officially scraps plans for 820,000-tpy biofuels facility in Rotterdam
Shell will not resume construction of a biofuels facility at its Shell Energy and Chemicals Park in Rotterdam after an in-depth evaluation found it would not be competitive, the company said.
Europe distillates-diesel profit margins rise 5.7% on refinery maintenance
European diesel refinery profit margins rose by 5.7% on Tuesday, supported by upcoming maintenance at the region's largest oil refinery.
South Korea petrochemical overhaul likely to shut small, stand-alone naphtha crackers
Small and stand-alone naphtha crackers are likely to shut while some plants could merge as part of an overhaul of South Korea's oversupplied petrochemical sector, which will cut naphtha demand at the world's largest importer of the fuel.
Mexico's Dos Bocas refinery offline due to power outage
Mexico's 340,000-bpd Dos Bocas refinery has been offline since Monday due to a power outage at the plant, two sources familiar with the matter said.
- INEOS Acetyls and Sandpiper Chemicals announce $1.7-B, 1.1-MMtpy low-carbon methanol project in Texas (U.S.) 4/29
- Envision joins AEA Ammonia Certification System pilot to accelerate global clean ammonia trade 4/29
- BASF and Nutrien collaborate on expanding access to low-carbon biofuel markets 4/29
- India proposes rules to allow higher ethanol-blended fuels in vehicles 4/29
- Indian refiners' March crude processing slips 1.8% from a year earlier 4/29
- Sinopec refinery utilization drops, but chemical exports rise due to Iran war 4/29
