Refining
Russia's Orsk refinery declares force majeure on fuel supply due to floods
Russia's Orsk oil refinery, which has halted output after widespread floods, declared force majeure on fuel supplies from April 8, according to a document issued by plant owner Forteinvest.
Vietnam's Long Son Petrochemicals Complex to commence commercial operations in Q3 2024
The Long Son Petrochemicals Co. Ltd. has confirmed that its Long Son petrochemical complex in Ba Ria - Vung Tau province is set to start commercial operations in the third quarter of 2024.
Cenovus Energy pumps $1.5 B into Ohio refineries, plans expansion
Cenovus Energy commits to bolstering its operations in Ohio, with plans for a substantial injection of over $1.5 B into the region over the next half-decade.
Oil India plans to start Numaligarh refinery by Dec 2025, export refined fuels
Oil India plans to start its 180,000 bpd Numaligarh refinery in the northeastern state of Assam by December 2025, its chairman Ranjit Rath said.
Taiwan's Formosa Petrochemical reopens Mailiao refinery port, restarts a crude unit after quake
Taiwan's Formosa Petrochemical restarted operations at the port at its Mailiao oil refinery after closing it as a precautionary measure following a powerful earthquake.
Phillips 66 on track to achieve full renewable diesel production at Rodeo facility
Independent U.S. oil refiner Phillips 66 said it is in the final stages of converting an oil refinery in California into a renewable fuel plant with a capacity of 50,000 bpd by the end of the second quarter of 2024.
Parkland's Burnaby Refinery safely returned to normal operations
Parkland Corporation announced that the Burnaby refinery safely returned to normal operations on March 29, 2024, following an unplanned shutdown originating from extreme cold weather on January 12, 2024.
Nigeria's Dangote refinery supplies petroleum products to local market
Nigeria's Dangote oil refinery started supplying petroleum products to the local market, a company executive and fuel marketing associations said, a major step in the country's quest for energy independence.
U.S. petroleum product exports set another record high in 2023
Petroleum product exports from the U.S. averaged a record 6.1 MM bpdy in 2023, an 2.5% increase from 2022, according to EIA's Petroleum Supply Monthly.
The Neste refinery in Porvoo, Finland is gearing up for a significant turnaround in 2024
Neste maintains safe and uninterrupted refinery operations through regularly scheduled maintenance shutdowns, with preparations for the major turnaround at its Porvoo, Finland refinery, which commenced on April 1st, including shutdowns of process units occurring from April to June.
- India receives fuel oil cargo in Russian SCF tanker after brief halt 4/26
- Biden administration (U.S.) to release SAF tax credit model 4/26
- Boeing, Wagner advance Australia’s SAF Industry 4/26
- S-Oil expects Q2 refining margins to remain steady then trend upward 4/26
- Vitol to charter supertankers from U.S. to Nigeria's Dangote refinery 4/26
- Refiner Valero beats profit estimates on resilient demand, tight supplies 4/26
