Refining
KBC acquires Flaretot Limited, a software provider specializing in flare system designs
KBC announced it had acquired Flaretot® Limited, a leading simulation software provider specializing in the design and evaluation of flare systems for hydrocarbon processing plants.
Chinese court rules two Sinochem refineries in Shandong bankrupt
A Chinese court has ruled that two refineries owned by state oil and chemical group Sinochem were bankrupt after creditors failed to agree on restructuring plans.
Emerson to join the Margo initiative, an open-standard pathway to optimize edge applications
Emerson is joining the Linux Foundation’s Margo, a new open-standard initiative designed to make edge applications, devices and orchestration software work together seamlessly across multi-vendor industrial automation environments.
Russia's oil refining capacity seen rising in 2nd half of September, data shows
Russia's primary oil refining capacity is expected to rise in the second half of September as refineries are wrapping up their maintenance.
Germany to increase Kazakh crude oil imports, won't circumvent Russia sanctions
Germany will sign two contracts to increase oil imports from Kazakhstan for Berlin's main Schwedt oil refinery.
Nigeria's NNPC raises petrol prices again as Dangote fuel hits market
Nigerian state oil firm NNPC Ltd. has increased the price of petrol by 11%, the second increase in two weeks and a day after it started purchasing the fuel from the giant Dangote oil refinery on the outskirts of Lagos.
Oil India aims to operate Numaligarh refinery at 180,000-bpd capacity by 2027
State-run explorer Oil India Ltd. hopes to operate its refinery in the northeastern state of Assam at an expanded capacity of 180,000 bpd in the fiscal year to March 2027.
China's refinery output falls for a fifth month as fuel demand disappoints
China's oil refinery output in August fell 6.2% from a year earlier, declining for the fifth month as disappointing fuel demand and weak export margins curbed production.
Russia's idle oil refining capacity in September seen up 34% vs August
Russia's offline primary oil refining capacity in September is set to jump 34% from August due to technical outages, Ukrainian drone attacks and seasonal maintenance. Offline capacity is seen at 3.87 MMt this month, or 14.5% of Russia's total oil refining capabilities. That is up from 2.95 MMt in August.
Louisiana (U.S.) oil refineries start recovering from Hurricane Francine
Six oil refineries in Louisiana in the path of Hurricane Francine began recovering on Thursday from the storm's passage overnight, companies and sources familiar with operations at the plants said.
- Ineos to shut polystyrene facility in Illinois (U.S.) by the end of the year 6/19
- How ASTM approval of methanol-to-jet accelerates SAF at scale 6/19
- EU crafts plan to give industries extra free CO2 permits this year 6/19
- PetroChina forecasts Chinese oil consumption will drop 4.9% this year 6/19
- Digital Exclusive: Water injection pump mechanical seals failure after pump shutdown 6/19
- Russian gasoline output down 25% so far in June after drone attacks on refineries 6/19
