Aramco and Total to construct world scale petrochemical facility
PARIS – The Saudi Arabian Oil Company (“Aramco”) and TotalEnergies have taken the final investment decision for the construction of
Read more
Oil refinery
SAPREF: SA’s biggest refinery pauses production indefinitely
Shell & BP South African Petroleum Refineries (SAPREF) have announced that they will commence with a spending freeze and pause
Read more
Addition of steam cracking increases refinery’s yield of petrochemicals
Refiners are increasingly taking on petrochemicals production to remain competitive as the energy transition takes hold and demand for transport fuels
Read more
Cutting emissions intensity will give refineries competitive edge
Despite peak oil demand being on the horizon, refiners fight for their survival. Whereas expanding the product mix will be
Read more
Oil recovery shows demand is still rebounding as it hits $82/barrel
With the pandemic is still around us, its impact on the world economy and on energy demand is fading. Renascent
Read more
Imperial Oil to produce renewable diesel using locally grown crops
Imperial Oil plans to build a renewable diesel complex at its Strathcona refinery near Edmonton, Canada, using locally grown vegetable
Read more
Oil markets to be back at pre-crisis highs by Q4 2022
Wood Mackenzie forecasts demand in oil market will be back at pre-crisis highs by Q4 2022, while a resurgent Brent
Read more
SA’s largest refinery shuts down temporarily amid looting
DURBAN – The Sapref oil refinery that accounts for more than a third of the country’s fuel supply has declared
Read more
Danube refinery starts producing biofuel
Following several years of research and development MOL has stepped up the value chain and has become a biofuel producer,
Read more
Oil refinery closures could see platinum returned to the market
As the number of coronavirus cases surges across Europe and the US, demand for refined petroleum products is taking another
Read more
Fluor JV starts up boilers at new refinery
Fluor Corporation has announced that its joint venture with Daewoo Engineering & Construction and Hyundai Heavy Industries, FDH JV, has
Read more