Refining

Cosmo Oil Co., Ltd. and Yokogawa have joined forces to promote the digitalisation of operations at refineries owned by Cosmo Oil.

A team of experts are building a framework to help companies reduce methane emissions and flaring in line with the Oil & Gas Decarbonisation Charter (OGDC) ambitions.

TotalEnergies has announced an agreement to divest the 36.36% minority stake, held by TotalEnergies Marketing South Africa, in National Petroleum Refiners of South Africa (Natref) to the Prax Group.

Japanese refiner, ENEOS, permanently closed a 120 000 bpd refinery in western Japan in mid-October, and Idemitsu Kosan plans to close a 120 000 bpd refinery in March 2024.

Yokogawa Electric Corp. and FPT Software Co Ltd. have announced an agreement for the development and deployment of digital transformation (DX) services to strengthen operational technology (OT) – information technology (IT) convergence in the industrial sector.

MAIRE S.p.A. has announced that Conser S.p.A., part of the MAIRE Sustainable Technology Solutions business unit led by NEXTCHEM, has reached an agreement with Clariant for the supply of catalysts.

Neste has signed a purchase agreement with CPC Finland Oy for solar power supply to its Porvoo refinery in Finland.

Repsol Butano has entered into an agreement with ABB to upgrade its distributed control systems (DCS) at 12 of the energy company’s butane factories across Spain.

Producers must choose between contributing to a deepening climate crisis, or becoming part of the solution by embracing the shift to clean energy, an IEA special report says.

The EIA reports that on 20 November 2023, the regular gasoline retail price averaged US$3.29/gal across the US, 10% less than the same time in 2022.

Neste and Hightowers Petroleum, a wholesale fuel supplier serving customers in the Midwest US, have formed a strategic partnership to offer Neste MY Renewable Diesel™.

A team of BASF catalysis researchers were recognised by the Research and Development Council of New Jersey, US, with the 2023 Edison Patent Award.

Braya Renewable Fuels has announced the closing of two significant transactions that support the conversion of Braya’s refinery operations.

According to a new Horizons report from Wood Mackenzie, methane remains a significant challenge for the oil and gas industry.

A new report by the Energy Transitions Commission (ETC) says that use of coal, oil and gas must be reduced dramatically by 2050, with reductions starting now.