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Refining

Atlas Copco: Cut the carbon

This article details Atlas Copco's Cut the Carbon solutions initiative and how they it is supporting decarbonization efforts around the world.

Ineos shuts down Canadian unit for maintenance after chemical leak

INEOS confirmed in a statement that it had shut down the Sarnia plant for maintenance and to address an unspecified mechanical issue and did not address the extent or cause of the chemical release.

India's Chennai Petroleum sees two-year delay in building new 180,000-bpd refinery

India's Chennai Petroleum Corp Ltd will build a 180,000-bpd refinery at Nagapattinam in Southern Tamil Nadu State by the end of 2027, two years later than initially planned, its head of finance Rohit Kumar Agrawala said.

S-Oil expects Q2 refining margins to remain steady then trend upward

South Korea's S-Oil forecast that second-quarter refining margins will be steady, supported by regular maintenance in the region, then trend upward in tandem with higher demand as the summer season gets underway.

Vitol to charter supertankers from U.S. to Nigeria's Dangote refinery

Commodities trader Vitol has agreed to charter two supertankers to deliver crude oil to Nigeria's giant Dangote refinery from the U.S. in May, according to a shipping source and fixtures data.

Refiner Valero beats profit estimates on resilient demand, tight supplies

Refiner Valero Energy beat first-quarter profit estimates, benefiting from sustained demand as supplies remained tight due to disruptions in Russia and maintenance work at U.S. refineries.

Imperial Oil gets Q1 boost from higher production; refining throughput weighs

Canada's Imperial Oil saw higher profit in its first quarter on as the integrated oil firm was helped by robust production but saw maintenance activities weighing on its throughput volumes.

Nigeria's NNPC partners local firm on new 100,000 bpd refinery

Nigeria's state-owned oil firm NNPC Ltd signed an agreement allowing a local refiner to build and operate a 100,000 bpd refinery within NNPC's Port Harcourt Refinery complex in the south of the country.

Stranded cargo shows credit challenges at Nigeria's Dangote refinery

Chinese state energy major PetroChina has been waiting to unload a cargo of U.S. crude at Nigeria's giant new refinery for nearly a month due to payment issues.

BASF with solid start to the year: EBITDA before special items in first quarter of 2024 slightly above analysts’ consensus

In 2024, BASF commenced the year strongly, unveiling first-quarter figures coinciding with the Annual Shareholders’ Meeting at the Congress Center Rosengarten in Mannheim, Germany, anticipating a comparable turnout to the previous year of around 5,000 attendees.