Refining

Australia's BHP explores ship biofuel blend made from cooking oil, animal fat

Kuwait can restore 70% of oil output in 6–8 weeks of Hormuz reopening, KPC executive says

Kuwait's timeline for its production recovery is shorter than some forecasts for a full reopening of transits through the Strait of Hormuz.

DNV announces financial close of $650-MM H2 fertilizer project in Paraguay

The $650-MM project is one of the world's first industrial-scale green fertilizer plants to be financed in a non-recourse basis, a standalone, asset-backed financing structure where lenders look only to the project itself for repayment.

China seen tapping deeper into oil stockpiles as imports hit decade-low

China allows output cuts by some money-losing independent refiners

Some refiners in the eastern province of Shandong, popularly called teapots, were told recently that they can cut output to no lower than 80% of last year's monthly average.

IEA forecasts chance of critically low stockpiles before peak summer demand

Fuel demand typically peaks in the Northern Hemisphere summer when people drive and fly on holiday.

Petrovietnam says supertanker with Iraqi oil arrives at refinery port

Russia bans aviation fuel exports until November 30

Green Fuels Operating breaks ground on $400-MM refinery in Oklahoma (U.S.)

Digital Exclusive: Margin left on the table: The hidden cost of supply chain capability gaps in hydrocarbon processing—Part 1