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Refineries
Crude Oil
China’s Crackdown on Excess Capacity to Impact Crude Oil Imports
China’s drive to lower emissions, is expected to have a negative impact on crude oil imports from private refineries.
Crude Oil
Pakistan: Crude Oil Imports Surge 317pc in May
Imports of crude oil increased by a whopping 317 per cent in May which translated into higher than expected production of petroleum products by local refineries…
Oil Refinery
China's Crude Oil Runs Hit Record Highs in June
China's crude oil throughput hit a record high in June, rising 3.9% on a daily basis from the previous record set in May as more refineries resumed operations a…
Hydrogen Project
Petroleum Refineries should Lead the Green Hydrogen Story
In the lead-up to the COP26 summit in Glasgow later this year, Green Hydrogen has started witnessing an extraordinary spike in interest amongst governments, int…
Oil Refinery
China On Track To Be World’s Largest Oil Refiner in 2021
In the global refining industry, COVID-19 has exposed a seismic shift. While China’s oil refineries forge ahead with capacity expansion, many western-based ref…
Oil Refinery
Mexican National Oil Company to Run USA Refinery
Pemex, whose holdings include six refineries in Mexico, will become the sole owner of a seventh refinery – in the United States.
Oil Refinery
UK Government Funds Hydrogen Power at Refineries
The UK government is subsidising a shift towards hydrogen-powered operations at two of the country's oil refineries, with £7.7mn in environmental grants.
Oil Refinery
Australia To Keep Viva & Ampol Refineries Operating
Australia has agreed to pay its last two oil refineries up to A$2.3 billion through 2030 to keep the struggling plants open and protect the country's fuel secur…
Crude Oil
Sinopec Offers Refineries Sweeteners to Boost Clean Marine Fuel
The top Asian oil refiner is crediting its refineries 150 yuan for every tonne of VLSFO they produce, they said
Oil Refinery
Korean Oil Refineries Offset Weak Oil Demand with Market Diversification
South Korea’s major oil refiners are going all-out to recoup losses from a Covid-19 pandemic-driven slump with market and product diversification.
CCS
ExxonMobil Pitches $100bn Houston Carbon Capture Hub
ExxonMobil is seeking federal support to develop a "hub" that could capture all of the CO₂ emissions from refineries and industrial facilities along the Housto…
India
Praj Industries to Set up Ethanol Plant for Godavari Biorefineries
Praj will expand the existing ethanol manufacturing capacity of the plant to 600 Kilo Liter Per Day, from the existing 400 KLPD.
Crude Oil
Texas Refineries Restarting After Power Loss
Texas refineries reported restarting units shut last week after subfreezing temperatures and a power crisis abruptly cut 28pc of US crude processing capacity.
Oil Price
Goldman Sachs Sees Minimal Oil Price Impact from Texas Freeze
Oil prices slid by up to 2 per cent on Friday, on worries that refineries will take time to resume operations after the big freeze in the U.S. South, creating a…
Crude Oil
Oil Drops as Investors Gauge Big Chill Impact on US Refineries
US West Texas Intermediate crude fell 2% to $59.3 a barrel on Friday.
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