Refining
Russian ESPO Blend oil jumps to premium on higher demand from Chinese refiners
Russia's Far East ESPO Blend oil grade has firmed to premium against the Brent benchmark on delivery basis for the first time since November 2023 on higher demand from Chinese refiners cooling India's buying.
Russia's Novatek launches new condensate unit at Ust-Luga complex
Russian energy company Novatek has launched the new processing unit at its gas condensate complex at the Baltic Sea port of Ust-Luga in the last third of the August.
China's new Yulong refinery runs crude unit at 60%–70%
China's latest greenfield refinery, Shandong Yulong Petrochemical, is running one of its two crude units at 60%–70%, as local government announced its official startup on Wednesday.
Vertex Energy files for bankruptcy, explores sale
Vertex Energy has filed for bankruptcy in a Texas (U.S.) court, just months after it paused renewable diesel output at an Alabama refinery over macroeconomic woes.
Marathon, Teamsters negotiations remain at standstill as strike enters third week
Marathon Petroleum and the Teamsters union, which represents refinery workers in Detroit, Michigan (U.S.), are at a standstill as negotiations for a new labor agreement stagnate and the strike at the plant enters its third week.
Haffner Energy, Bambbco partner to optimize biomass procurement for clean fuels production
The signing of this partnership will enable Haffner Energy and Bambbco to offer a turnkey solution for the production of green energy, with guaranteed feedstock availability and cost all year round. It builds on Haffner Energy’s strategy to diversify sustainable biomass procurement.
Thermal decomposition of particulate mercury sulfides in petroleum—Part 1
Traces of particulate mercury sulfide (HgS) in stabilized crude oils transform to elemental mercury below 400°C in refinery distillation units. The authors evaluated this transformation and measured reaction rates and activation energies in crude oil and Hg-spiked mineral oil, using glass vessels at atmospheric pressure and a microunit at 1,000 psig.
Deliver sustainable benefits through site-wide process digital twins
Refiners have used offline process models for decades. The next generation of solutions is anticipated to operate automatically, integrate with legacy systems and provide transparency site-wide.
Prompt engineering: Extracting operational excellence knowledge from AI—Part 1
Prompt engineering is an emerging discipline at the intersection of AI and process engineering and will undoubtedly contribute to the hydrocarbon and green molecules processing industries. Parts 1 and 2 (October 2024) of this article explore and provide a glimpse of how this technique can help process engineers and operators to manage the power of advanced AI models to optimize processes, contribute to solve complex problems, and improve operational efficiency in refineries and petrochemical plants.
Seven tips to achieve a smoother plant turnaround
This article provides seven best practices that should be kept in mind for successful plant turnaround management.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
