Refining

U.S. EPA keeps all options open in biofuel reallocation proposal

The proposal's failure to narrow down potential options is destined to extend the latest clash between Big Oil and Big Farm over the issue, as both industries vie for influence over U.S. energy and agricultural policy.

Vitol and Glencore to make formal bids for Chevron's Singapore refinery stake

Vitol and Glencore, which have other refining assets in the Asia-Pacific, are keen to acquire more and boost trade volumes in the region.

Summer diesel margins tighten with European supply shift

This summer, Europe’s increased reliance on imports from the Middle East, coupled with conflict-related disruptions to refineries and escalating geopolitical tensions, contributed to a tightened global diesel market.

Vitol, Sunoco take first gasoline cargo from Nigeria's Dangote to the U.S.

The delivery, on the tanker Gemini Pearl, marks a major milestone for the 650,000-bpd Dangote refinery, as energy market participants had been waiting to see when its production would start meeting strict U.S. motor fuels standards.

India's Nayara Energy increases fuel supply to HPCL after EU sanctions

Since the imposition of sanctions, Nayara has been operating its 400,000-bpd Vadinar refinery in western India at 70%–80% capacity.

Update: SOCAR inks deal to buy oil refiner Italiana Petroli

People close to the matter had previously said that Italy's Brachetti Peretti family was seeking an enterprise value of around €2.5 B ($3 B) for the company, which holds some €500 MM in cash.

How a Texas (U.S.) refinery turns Amazon-destroying cattle into 'green' jet fuel

Louisiana-based Diamond Green Diesel, a joint-venture between biofuels producer Darling Ingredients and petroleum refiner Valero Energy, has invested hundreds of millions of dollars into a refinery in Port Arthur, Texas that turns cattle fat - called tallow - into a cleaner alternative to petroleum-based jet fuel and diesel.

Sri Lanka sees Sinopec starting work on $3.7-B refinery soon, bidding for another refinery expansion

The Sinopec refinery, approved in 2023, will have capacity to process 200,000 bpd of crude oil and will be located near the Chinese-built and operated Hambantota port in southern Sri Lanka.

SOCAR close to buying oil refiner Italiana Petroli

Digital Exclusive: Heat exchanger body flange: The gasket is not always tight enough

Shell-and-tube heat exchangers (STHEs) are used abundantly throughout the chemical, oil and gas, and fertilizer industries. Their service is essential to numerous processes—it can be said that without them, it is impossible to successfully build and operate a plant. Body flanges, also referred to as girth flanges, are critical elements of STHEs, and are incorporated to help with maintenance, cleaning and inspection of STHEs during service.