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Crude Oil
China to Cap Crude Oil Processing Capacity at 1 Bln Tons by 2025
China will cap its crude oil primary processing capacity at 1 billion metric tons by 2025 in an effort to streamline its vast refinery sector, the country's…
Oil & Gas Trade
Sonangol and Chinese CNCEC Sign a Contract for the Construction of the Lobito Refinery in Angola
Sonangol and China National Chemical Engineering Company (CNCEC) signed a contract for the construction of the Lobito Refinery in Angola. The final agreement, w…
Crude Oil
PRL Signs Long-Term Deal With Russia for Crude Oil Supply
Caretaker PM Kakar and caretaker Energy Minister Mohammad Ali are witnessing the signing ceremony of the MOU between United Energy Group of China and Pakistan R…
Oil&Gas Drilling
Spain's Cepsa Targets up to 15 Biomethane Plants by 2030
A view from a ferry shows the refinery of Cepsa at Cepsa Energy Park in San Roque, near Algeciras, Spain January 19, 2023. REUTERS/Jon Nazca/File Photo Acquire …
Biofuel
Technip Energies Wins Contracts for Biofuels Project in Portugal
Galp's refinery in Sines, Portugal. / SOURCE: MitsuiTechnip Energies on Oct. 5 announced it has been awarded engineering, procurement services and construct…
Electrolyzer
Repsol Inaugurates Spain's First Commercial-Scale Renewable Hydrogen Electrolyzer
Repsol inaugurated its 2.5 megawatt (MW) renewable hydrogen electrolyzer at the Petronor refinery in Muskiz, Spain. The electrolyzer is the first commercial-sca…
Oil & Gas Trade
Exclusive: Poland's Unimot in Talks to Buy Shell's Stake in German Schwedt Refinery -Sources
A view shows oil processing facilities of an PCK oil refinery in Schwedt, Germany October 1, 2022. REUTERS/Annegret Hilse/File Photo Acquire Licensing RightsPol…
Biorefinery
Italy's Eni and Lg Chem Team Up for Biorefinery in South Korea
The sustainable mobility unit of Italy's Eni (ENI.MI) and petrochemicals maker LG Chem (051910.KS) have teamed up to explore the potential development of a …
Oil & Gas Trade
Russia Ships First Oil Cargo to Brazil as It Seeks to Diversify Buyers
A general view shows the oil refinery of the Lukoil company in Volgograd, Russia April 22, 2022. Picture taken with a drone. REUTERS/REUTERS PHOTOGRAPHER/File p…
Biofuel
APPEC-Austria's Omv Starts up Biofuels Plant at Schwechat Refinery
Austria's OMV OMVV.VI started up a new biofuels plant at its Schwechat refinery two weeks ago, a company executive said at an energy industry conference in …
Oil & Gas Trade
Petrobras-Mubadala Partnership May Open Door to Refinery Deal, Say Sources
A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Phot…
Oil&Gas Drilling
Mexico's Dos Bocas Refinery to Produce 290,000 Barrels per Day by Year End: President
The Dos Bocas refinery from the Mexican state-run oil producer Petroleos Mexicanos (PEMEX) is pictured during its inauguration, in Paraiso, Tabasco state, Mexic…
Oil Price
Column: US Oil and Gas Output Nears Peak
A general view of the Phillips 66 refinery, Rodeo, California, U.S. March 2, 2023. REUTERS/Nathan Frandino/File Photo Acquire Licensing RightsU.S. crude oil pro…
Oil & Gas Trade
Rupee Crisis Costs Refinery rs750M on Crude Import
Pakistan’s oil industry is feeling the pinch of a plunging rupee that has made crude imports more costly and forced one refinery to book a hefty loss on a…
Electric Vehicle Battery
Nickel Firm Eyes Texas for $400 Million EV Battery Metal Plant
EV sales are rolling on. Stock image.A Luxembourg-based firm that’s harnessing microwave technology to recover metals is looking to build a $440 million r…
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