Economics
Brazil's Petrobras lowers diesel prices for first time in more than a year
Brazilian state-run oil company Petrobras said it will lower refinery gate diesel prices for the first time in more than a year, as local prices currently stand above import parity.
Optimize direct air carbon capture systems for petrochemical sustainability
The advent of direct air carbon capture (DACC) systems presents a groundbreaking opportunity to capture carbon dioxide (CO2) and repurpose it as a valuable feedstock for petrochemical products like methanol and synthetic fuels.
LLDPE/HDPE swing technology platform
This article highlights and compares the various technology platforms available to provide technical insight into the selection of the best LLDPE/HDPE platform for a given facility. A high-level overview of the various technology platforms is provided based on open-source available data and the authors’ years of technical and operating experience.
Minimize risks and unlock profitability with opportunity crudes
This article focuses on new digital technologies that enable refiners to extract the most profit out of opportunity crudes.
bp plans to sell its mobility and convenience business in Austria
bp announced its intention to sell its mobility and convenience business in Austria.The marketing process will begin immediately, with the aim of reaching sale completion by the end of 2025, subject to regulatory and all relevant approvals.
China's Rongsheng Petchem opens Canada office, buys crude from Suncor
China's Rongsheng Petrochemical, China's largest independent refiner with capacity of 40 MMtpy or 800,000 bpd, has opened an office in Canada to buy Canadian crude and made its first purchase from local producer Suncor Energy.
Saudi Aramco looks to invest in Indian refineries
Saudi Aramco is in talks to invest in two planned refineries in India as the world's top oil exporter looks for a stable outlet for its crude in the world's fastest-growing emerging market
Signature Aviation brings blended sustainable aviation fuel to six new European locations
Signature Aviation has announced the expansion of its blended sustainable aviation fuel (SAF) offering at six new locations across Europe following multiple blended SAF supply agreements.
Brazil's diesel imports rise with Petrobras above parity
Brazil's diesel imports in March exceeded the same month in 2024, as Brazil's state-run oil firm Petrobras sold the raw material for several days at prices above import parity.
Shell unveils market strategy during Capital Markets Day
During Shell’s Capital Markets Day 2025, it unveiled the next steps in the execution of its strategy. Shell is strengthening its commitment to value creation and maintaining its focus on performance, discipline and simplification.
- TotalEnergies to shut Antwerp steam cracker at the end of 2027 4/22
- India's Reliance imported 17.3% more Russian oil in March vs. Feb. 4/22
- India, Saudi Arabia exploring joint refinery, petrochemical projects 4/22
- BASF completes divestment of shares in its two joint ventures in Korla, China 4/22
- Egypt begins basic design phase for Red Sea Petrochemical Complex project in Ain Sokhna 4/21
- China-U.S. trade war redrawing global LPG trading, outlook 4/21
