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Biofuel
World’s Largest Biofuel Program Places a Risky Bet
But the U.S. Renewable Fuel Standard faces even larger problemsChevron—whose oil refinery on the Mississippi River in New Orleans is pictured here—has develop…
Oil Refinery
Hyundai Engineering Secures Advantageous Position From Oil Refinery Construction in Indonesia
An aerial photo of Balikpapan Oil Refinery built by Hyundai Engineering in East Kalimantan on Borneo Island, IndonesiaThe Balikpapan Oil Refinery, built by Hyun…
SINOPEC
Sinopec Begins $1.56BN Upgrade at Northern China Refinery
China's Sinopec said it has started building a project worth 10.8 billion yuan ($1.56 billion) in a northern subsidiary refinery aimed at manufacturing more…
Energy Security
Suncor Gives All-Clear After Incident at Its Commerce City Refinery in Colorado
CALGARY — Suncor Energy Inc. has given the all-clear after responding to a vapor leak at its Commerce City refinery in Colorado.The Calgary-based energy compan…
Oil Price
Russia proposes caps on oil export discounts -draft law
Image used for illustrative purpose only. A view shows a local oil refinery in Omsk, Russia June 6, 2022. Picture taken June 6, 2022. REUTERS/Alexey Malgavko Im…
Oil Exploration
Egypt Plans 3 Tenders for Oil and Gas Exploration, Production in 2023 -Minister
Flames rise from an oil refinery in Cairo, May 6, 2008. Image used for illustrative purpose.Reuters Images/Nasser NuriEgypt plans to offer three international t…
United States
Court Suspends RFS Obligations for 2 Small Refineries
The U.S. Court of Appeals for the Fifth Circuit on Jan. 27 suspended Renewable Fuel Standard compliance obligations for two refineries that were denied small re…
Oil Refinery
US Court Halts RFS Mandate for 2 Refineries
An appeals court has suspended the compliance obligations under the Renewable Fuel Standard (RFS) for two small refineries that were denied hardship exemptions …
Oil Refinery
Fire Breaks Out at Pdv’s Cardon Refinery
A fire broke out today in the fluid catalytic cracking unit at Venezuela's Cardon refinery, the second major blaze at the site since late December.Operator …
Energy Investment
Qatarenergy, Us Giant Take Investment Decision on Massive $6 Billion Ras Laffan Complex
Qatari giant also awarded EPC contract for project's ethylene plant to pairing of Samsung Engineering and CTCIQatarEnergy and US giant Chevron Phillips Chem…
Oil Pipeline
Former Petrobras Official To Lead Brazil’s State Run Oil Company
President-elect Lula da Silva names Jean Paul Prates to head the company amid renewables pushBrazil's president-elect Lula da Silva, announced that senator …
Oil Refinery
Sanctions to Choke Russian Refining Sector
The outgoing year was a wild ride for Russia’s downstream, which pulled off a remarkable rebound after a dizzying, postwar decline.2023 promises even more…
Oil Refinery
Nigeria Will Auction 7 Hydrocarbon Blocks in Early 2023
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced plans to hold the Mini Bid Round 2022, in which seven offshore blocks covering an ar…
Oil & Gas Trade
Ip Signs Deal to Buy Exxonmobil’s Fuel and Refining Assets in Italy
The Italian private petroleum company Italiana Petroli (IP) has signed an agreement to purchase fuel and refining assets owned in Italy by Esso Italiana, a subs…
Crude Oil
China Boosted Crude Oil Storage Even As Refiners Processed More
Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song/File PhotoLAUNCESTON, Australia, Dec 15 (Reuters) -…
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