Distillation
U.S. crude oil and distillate inventories rise, gasoline stockpiles fall
U.S. crude inventories unexpectedly rose as imports increased, while gasoline stockpiles fell last week, the Energy Information Administration said.
Citgo Petroleum returned to profit in the second quarter
Venezuela-owned U.S. refiner Citgo Petroleum registered net income of $100 million in the second quarter vs. a $25 million loss in the same quarter last year, finishing the period with liquidity of $2.6 billion.
Japan's Eneos shuts 77,000-bpd Kawasaki No.3 CDU for maintenance
Japan's biggest refiner, Eneos Corp, has shut the 77,000 barrel-per-day No. 3 crude distillation unit at its Kawasaki refinery, near Tokyo, on August 9 for scheduled maintenance
India's HMEL plans to shut refinery for 40-day maintenance, sources say
India's HPCL-Mittal Energy Ltd (HMEL) plans to shut its Bathinda oil refinery in the northern Punjab state for about 40 days from early November for maintenance
Argentina's YPF to invest $400 MM in sustainable jet fuel venture
Argentine state oil firm YPF will invest around $400 MM as part of a new JV to produce and sell sustainable aviation fuel (SAF).
Dangote appoints ex-Shell executive to lead refinery amid expansion drive
Nigeria’s Dangote Group has appointed David Bird, a former Shell executive and ex-CEO of 0Q8 refinery in Oman, as chief executive of its refinery and petrochemical division, as it accelerates its pan-African growth strategy.
China's Shandong Yulong Petrochemicals to invest > $16 B to incorporate petrochemicals production at Yantai refinery
China's Shandong Yulong Petrochemical plans to invest $117.86 billion yuan ($16.42 billion) to produce chemicals at its refinery complex in Yantai, according to a government notice detailing the provisional plan.
Indonesia's Danantara awards $8-B EPC contract for modular refinery builds
Indonesian sovereign wealth fund Danantara plans to sign an $8 billion engineering, procurement and construction contract with U.S. engineering firm KBR Inc to build 17 modular refineries.
bp's 440,000-bpd refinery in Whiting, Indiana (U.S.), reported flaring due to operational conditions
bp's 440,000-barrel-per-day refinery in Whiting, Indiana, on Monday reported flaring due to operational conditions, the company said.
Update: Venezuela's second largest refinery restarting units after blackout
Venezuela's state-run PDVSA was on Wednesday restarting several operational units at its 310,000-bpd Cardon refinery.
- Hanwha Ocean signs strategic MoU with Kanata Clean Power for proposed $15.7-B, 12-MMtpy FLNG project in Canada 6/18
- Burckhardt Compression secures milestone order for first industrial scale liquefied CO₂ carrier supporting Northern Lights CCS project 6/18
- Cognite launches Integrated Supply Chain offering to deliver more business value and operational resilience 6/17
- MyRechemical to license technology for Canadian biomass-to-SAF project 6/17
- Honeywell to provide technology for Acelen Renewable's SAF and renewable fuels facility in Brazil 6/17
- ACME signs investment agreement for $4.2-B green hydrogen/ammonia project in Oman 6/17
