Refining
Airlines not switching quickly enough to green jet fuel, study says
Most of the world's airlines are not doing enough to switch to sustainable jet fuel, according to a study by Brussels-based advocacy group Transport and Environment, which also found too little investment by oil producers in the transition.
Crude unit at Tupras's Izmir oil refinery expected to restart mid-December
A 151,000-bpd crude unit at the Izmir oil refinery operated by Turkey's Tupras is tentatively expected to restart in mid-December after a fire on Nov. 25.
Small volumes of renewable diesel are now consumed on the U.S. East Coast
In 2024, the U.S. East Coast became a consistent destination for small volumes of renewable diesel as a few suppliers and local governments began offering or consuming the fuel. Because no renewable diesel is produced on the East Coast, suppliers and local governments are procuring their supply from a combination of imports and interregional U.S. shipments.
Russia's December idle oil refining capacity revised up 60%
Russia plans to take 1.1 MM tonnes (t) of refining capacity offline in December, up more than 60% from a previous estimate but still less than half the 2.4 MMt in November.
Fuel oil smuggling network rakes in $1 B for Iran and its proxies
A sophisticated fuel oil smuggling network that some experts believe generates at least $1 B a year for Iran and its proxies has flourished in Iraq since Prime Minister Mohammed Shia al-Sudani took office in 2022.
Taiwan's Formosa operates refinery at reduced rate due to maintenance
Taiwan's Formosa Petrochemical Corp. is operating its refinery at a reduced rate of 410,000 bpd due to maintenance at its delayed coker unit (DCU) this month.
MHI Compressor delivers critical turbomachinery for Texas ethane cracker
Mitsubishi Heavy Industries Compressor International Corporation (MCO-I), a leader in the design and manufacturing of compressors, steam turbines and associated auxiliaries, has successfully manufactured, tested and shipped steam turbine-driven compressor packages to Golden Triangle Polymers Co., a Chevron Phillips Chemical Co. (CPChem) and QatarEnergy joint venture, for its world-scale 2.08-MMtpy ethane cracker located in Orange County, Texas.
Venezuela's oil, fuel exports approach 1 MMbpd fueled by sales to Asia
Venezuela's oil exports jumped last month on higher sales to its mainstay Asia customers, and approached 1 MMbpd, a level not seen since early 2020.
Russia's Rosneft may delay refinery modernization due to high interest rates, taxes
Rosneft, Russia's largest oil producer, said it may delay modernizing its refineries due to high interest rates and taxes, as its nine-month profit fell 13.9% year on year to $8.7 B.
Solarig to develop €1.15-B, 75,000-tpy Turboleta SAF in Spain
Solarig is progressing the development of sustainable aviation fuel projects with a portfolio that exceeds 400,000 tpy SAF production in Spain. Specifically, Solarig announced the development of a SAF production plant in Teruel. The project, named ‘Turboleta SAF,’ will have a production capacity of more than 75,000 tpy at a cost of €1.15-B.
- Lummus Technology selected for major ethanol-to-jet SAF project in India 5/1
- INEOS sells sulfur dioxide and derivatives business to Ecovyst for $190 MM 5/1
- Perpetual Next selects JPB Logistics as storage partner for Dutch biomethanol facility 5/1
- Trump signs order authorizing oil pipeline project partially reviving Keystone XL 5/1
- Asia-Pacific ports advance cross-sector hydrogen and eFuel readiness 4/30
- THUNDER project launches to advance carbon-neutral eMethanol production in Europe 4/30
