Refining
Russia to stop Kazakh oil flows to German PCK refinery via Druzhba
The move deals a blow to the PCK Schwedt refinery, which supplies most of the German capital's fuel and relies on Kazakhstan for 17% of its supplies.
Kenya, Tanzania and neighbors discuss joint refinery as Dangote offers to build it
East Africa currently imports all of its refined petroleum products, mainly from the Middle East, leaving the region vulnerable to supply disruptions and price spikes as seen in the fallout of the Iran conflict.
Asia deepens refining cuts due to Iran war, putting diesel and jet fuel supplies at risk
Asia, which accounts for 37% of global refining output and ordinarily sources two-thirds of its crude from the Middle East, has been hardest-hit by the closure of the Strait of Hormuz, with run cuts at refiners in the region exacerbating tight fuel supply and keeping prices elevated.
U.S. fund and Indonesian oil group to make offer for Sicilian refinery ISAB
Cypriot private equity fund G.O.I. Energy has owned the refinery since buying it from Russian energy group Lukoil in 2023. The plant accounts for around a fifth of Italy's refining capacity.
Japan's ethylene plant run rate hits record low of 68.6% in March
Japan has 12 ethylene plants that crack naphtha, a crude oil byproduct, into basic chemicals such as ethylene and propylene, which are used to make intermediates like resins for a wide range of end products.
Energy services group Saipem ‘well positioned’ to win Iran war repair contracts
The cost of repairing damage resulting from the war and restoring energy-linked infrastructure could hit $58 B, Rystad Energy said in a recent report, with oil and gas facilities alone facing a potential bill of $50 B.
Europe's response to the Iran war energy crunch
Central to the EU proposals is a focus on reducing reliance on oil and gas, to cushion against future fossil fuel supply disruptions and price spikes.
- From corn fields to cargo ships, ethanol gains early traction as marine fuel 6/12
- Indonesia raises price of widely used fuel by 32%, adds to cost-of-living concerns 6/12
- Technip Energies, Safran, Airbus, Tereos to form green jet fuel venture in France 6/12
- Saipem awarded €900-MM gas compression plant project in Saudi Arabia 6/12
- Trans Mountain pipeline in Canada hits full capacity two years after upgrade 6/12
- MB Energy and Zaffra sign MoU to advance commercialization of eSAF in Europe 6/12
