Refining
China's smaller independent refiners to curb output on rising oil prices
The so-called teapot refiners had benefited in recent months from cheap stocks of Russian and Iranian crude, but temporary U.S. waivers allowing purchases of Russian and Iranian oil stranded at sea for 30 days have driven prices for those barrels sharply higher as buyers, especially Indian refiners, rush to secure supply.
South Korea to start crude oil swap with local refiners
The policy enables refiners to borrow crude oil from the national reserve and return the same volume once crude shipments secured abroad arrive.
The role of integrated biorefineries in achieving alternative fuel goals
The research and development of feedstocks and the conversion platforms will allow future integrated biorefineries to continually increase its diversity and complexity further increasing effectiveness, efficiency, and productivity.
The entire Itabus fleet travels with Enilive HVO diesel biofuel
Produced at Enilive's biorefineries in Venice and Gela mainly from waste, such as used cooking oil and animal fats, and residues from the agri-food industry, HVOlution is a hydrogenated vegetable oil that can be used in all validated diesel engines and is available in more than 1,550 Enilive service stations in Italy.
Czech government agrees to release 100,000 tonnes of crude from reserves
The Czech government agreed on Monday to release 100,000 tonnes of crude oil from state reserves as a loan to Orlen's Czech refining operations.
South Korea's LG Chem to import Russian naphtha
The country's Industry Ministry had earlier confirmed the shipment, including its size, but did not disclose the importing company's name.
PetroChina says operations 'overall normal', Strait of Hormuz accounts for about 10% of its supplies
While PetroChina's investments in the Middle East have been affected by the war, the company had contingency plans to safeguard supplies via trading activities.
Nigeria's giant oil refinery fails to prevent record gasoline prices
The 650,000-bpd refinery, Africa's largest, became fully operational early this year. It was designed to transform Nigeria into a major exporter of refined products after decades of inadequate refinery capacity.
Natural gas liquids exports reached record highs in 2025
NGL plant production has increased every year since 2005, driven by higher production of NGLs and more global demand for NGLs, especially as petrochemical feedstocks.
Velan releases upgrades to its delayed coker isolation valves
A newly added lower tangential purge directs steam precisely to areas where coke accumulates in stagnant cavities, creating a loop‑flow around the ball for improved cleaning efficiency with a non‑plugging purge design.
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- India's Reliance buys Venezuelan oil directly from PDVSA 4/6
- Japan to boost intermediate chemical imports amid tighter naphtha supply 4/6
- Five EU countries call for windfall tax on energy companies 4/6
