Refining
Dangote plans September IPO for oil refinery business
The planned listing would cover the Dangote refinery, which hit its full capacity of 650,000 bpd in February.
Mubadala's Acelen secures $1.5 B to launch Brazil SAF biorefinery project
The refinery is expected to start operations in 2029 and produce up to 1 B liters per year of sustainable aviation fuel (SAF) and renewable diesel.
China kept building its crude stockpile in April despite Iran crisis
The ongoing building of inventories by the world's biggest crude importer underlines that China is in quite a different situation to the rest of the world, which is burning through oil stockpiles to compensate for the loss of about 12 MMbpd of supply to the effective closure of the Strait of Hormuz.
UK defers import ban on diesel, jet fuel derived from Russian crude
The decision was criticized by lawmakers in Britain and Ukraine who accused the government of easing pressure on Russia and backtracking on promises to stop Moscow profiting from oil production to fund its war with Ukraine.
Digital Exclusive: The biggest obstacle to the refinery of the future is a mindset shift
Barring a few exemplary cases, refineries continue to rely heavily on manual interventions, reactive maintenance and periodic optimization reviews, leaving enormous value trapped inside their own processes.
- Bechtel greenlit for Sabine Pass Liquefaction expansion in Southwest Louisiana (U.S.) 5/29
- Philippines receives rare Iranian crude cargo after wartime disruption 5/29
- Gazprom and Sibur resume talks on possible ethane project to supply additional feedstock to the Kazanorgsintez petrochemicals plant 5/29
- European Commission debates policy shift to protect industry from China 5/29
- Mitsui seeks LNG investments to meet power demand from data centers 5/29
- Kenyan government backs Gulf fuel supply deals after opposition criticism 5/29
