Environment & Safety Gas Processing/LNG Maintenance & Reliability Petrochemicals Process Control Process Optimization Project Management Refining

Economics

Saving Scotland's only refinery a rare point of agreement in UK election race

Candidates from all of Scotland's major political parties competing in the UK general election are putting pressure on energy company Petroineos to delay the closure of Scotland's sole oil refinery at Grangemouth and save jobs.

Nigeria's Dangote refinery boosts gasoil exports to West African market

Nigeria's new Dangote oil refinery is increasing gasoil exports to West Africa, taking market share from European refiners.

Alberta says 2023/24 budget surplus smaller than forecast, cites refinery losses

Canada's main oil-producing province of Alberta on Thursday said the 2023/24 budget surplus would be smaller than initially estimated, partly due to losses incurred by the Sturgeon refinery, which is joint-owned by the province.

Cepsa begins construction of the first chemical plant in Spain to produce the base for hydroalcoholic gels

Cepsa has begun construction on a new €75-MM, 80,000-tpy isopropyl alcohol plant in Spain.

New DNV survey highlights oil and gas sector paradox

The latest DNV survey, “The Paradox of Petroleum—How the oil and gas sector is transforming through uncertainty,” gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector.

Russian oil and gas revenues set to rise by 50% y/y in June, refinery subsidies decrease

Russia's oil and gas revenue in June is set to rise by more than 50% year on year to $9.4 B, after a decrease in subsidies to refineries and reflecting the Russian economy's ability to limit the impact of sanctions.

Oil prices push higher as demand expectations offset dollar strength

Oil prices edged up on Monday on the prospect of strong summer fuel demand and rising geopolitical tensions outweighed the effects of a stronger dollar.

Nigeria's Dangote Refinery accuses oil majors of blocking local crude purchase

An executive of the Dangote Refinery said on Sunday oil majors were blocking its access to locally produced crude oil by selling it above market price or claiming it was unavailable, forcing the company to rely on expensive imports.

China produces first nuclear-generated steam for petrochemicals plant

China's first nuclear-based steam generation project began production on Wednesday, state-run China National Nuclear Corp (CNNC) said in a Wechat post announcing the latest step in Chinese efforts to decarbonize heavy industry.

Research and application of proprietary cold oil absorption technology in the recovery of refinery dry gases

Sinopec (Beijing) Research Institute of Chemical Industry: Li, D.  |  Zhang, J.  |  Liu, Z.  |  Guo, L.  |  Hou, Z.  |  Hsu, R.

With the increasing shortage of global energy and resources, the recovery and utilization of refinery dry gases have become important topics of concern.