Refining

Canada pledges money, regulatory reform to boost biofuels

EU may list independent Chinese refineries in new Russia sanctions package

The Commission may propose the new package as soon as Friday after an EU delegation returns from sanctions talks in Washington.

EIA: U.S. crude stocks, gasoline and distillate inventories rise

Crude inventories rose by 3.9 MMbbl to 424.6 MMbbl in the week ended September 5, the EIA said, compared with analysts' expectations in a poll for a draw of 1 MMbbl.

Worley awarded FEED verification contract for renewable diesel and aviation fuel project in Sweden

Ukrainian strikes on Russian oil facilities could be a boon for U.S. refiners

Ukrainian attacks have shut down facilities accounting for at least 17% of Russia's oil processing capacity, or 1.1 MMbpd.

Swift Fuels advances light gas (LG2F™) demonstration plant plans in Louisiana (U.S.)

Altalto awards Maire engineering study contract for 23,000-tpy sustainable aviation fuel plant

MAIRE announced that NEXTCHEM, through its subsidiary MyRechemical, has been awarded an engineering study contract by Altalto Ltd. based on its proprietary NX Circular gasification and NX CPO technologies for a SAF plant in Immingham, Lincolnshire, UK.

Iraq in talks with ExxonMobil on Asian refining capacities

Iraq's state oil company SOMO is in advanced talks with ExxonMobil over a possible agreement to secure storage capacity in Singapore using tanks owned by the U.S. oil major, as well as refinery capacity deals.

TotalEnergies sees Brent-Dubai crude price gap remaining negative, making sweet grades more attractive to Asian refiners

The price gap between Brent and Dubai crude is expected to remain negative due to strong demand for heavier Middle Eastern oil, despite increasing supplies from OPEC nations

Chevron seeks diversified approach to refinery investments

"There'll be places like Korea where we go investment heavy in petrochemicals and in heavy oil upgrading."