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Management

Pacific Future Energy officially cancels refinery project in British Columbia, Canada

Pacific Future Energy has officially cancelled its proposal to build a 200,000-bpd refinery on the West Coast of Canada aimed at exporting refined petroleum products to Asia.

Finland's Neste to slash around 600 jobs as quarterly core profit slumps on excess renewable fuel supply

Finnish oil refiner and biofuel maker Neste will slash around 600 positions as excess supply in the renewable fuel market caused a slump in quarterly core profit.

BP Europa SE announces intended sale of Ruhr Oel GmbH-BP Gelsenkirchen refinery in Germany

BP Europa SE today announced its intention to market its Ruhr Oel GmbH – BP Gelsenkirchen operation in Germany for potential sale. Its assets include the bp refinery in Gelsenkirchen and DHC Solvent Chemie GmbH in Mülheim an der Ruhr.  

IEA comes under pressure from former oil market chief to cut energy transition focus

The International Energy Agency's former oil industry and market chief criticized the agency's focus on the global energy transition in a report released on Wednesday, and said the IEA should concentrate on oil and gas supplies.

Digital Exclusive (sponsored): Improve efficiency via centralized data and advanced collaboration

This article will detail how companies can use digital solutions to transform their engineering and data management by seamlessly integrating real-time data across the entire asset lifecycle, enabling faster, more accurate decision-making to improve efficiency, increase safety, minimize downtime and enhance profitability.

Decarbonization pathway for net-zero by 2050: Carbon neutrality roadmap strategy for an integrated refinery and petrochemical facility

This article quantifies GHG emissions from various sources, such as fired heaters and boilers, within refinery and petrochemical operations. Based on these quantified emissions, a tailored carbon neutrality roadmap is developed, incorporating carbon reduction, mitigation and offsetting strategies.

Design efficient and scalable liquefaction plants for a low-carbon future

Aspen Technology: Davidson, J.

The safe, reliable and environmentally sustainable delivery of LNG to consumer markets requires investment in new and expanded infrastructure. Embedding digital technology and insights allows key stakeholders to understand the challenges of such an endeavor, along with pathways to more efficient projects and operations.

Trump lifts freeze on U.S. LNG export permit applications

President Donald Trump issued an order on Monday for the U.S. to resume processing export permit applications for new liquefied natural gas (LNG) projects, part of an effort to raise U.S. energy output and dismantle his predecessor's policies.

Digital Exclusive: Managing reliability and asset management performance in the Yanbu refinery through the implementation of a reliable operations committee program

One of the most important aspects in having successful reliability and asset management performance is to establish a tracking mechanism to monitor, control and manage key performance indicator (KPI) performance, which is the focus of this article.

Chinese, Indian refiners seek new supplies as US sanctions tighten grip on Russian oil

Chinese and Indian refiners are seeking alternative fuel supplies as they adapt to severe new U.S. sanctions on Russian producers and tankers that are designed to curb the revenues of the world's second-largest oil exporter.