Refining

ExxonMobil has announced the startup of two new chemical production units at its Baytown, Texas, US, manufacturing facility.

Monthly average natural gas wholesale spot prices at the US benchmark Henry Hub have been generally declining so far in 2023, but these relatively low prices do not immediately translate into lower retail prices for residential consumers.

The EIA has reported that record volumes of crude oil were imported into China during 1H23 because of refinery expansions in the country and initiatives to reopen the economy.

Topsoe will provide its HydroFlex technology for the production of renewable fuels at the Cilacap Refinery Complex in Central Java, Indonesia.

Aramco has agreed to purchase a 100% equity stake in Esmax Distribusción SpA (Esmax), a downstream fuels retailer in Chile.

Use of energy for transportation remained low in the US during 2021 compared with pre-pandemic levels and only increased in 12 states.

This acquisition aligns with Fives' strategy to develop digital tools for a more efficient and sustainable industry.

As part of the drive to decarbonise its European refineries, TotalEnergies is launching a call for tenders for the supply of 500 000 tpy of green hydrogen.

Evonik Industries has completed the relocation and expansion of its precious metal powder catalyst plant in Shanghai Chemical Industrial Park (SCIP).

The US Energy Information Administration (EIA) expects global oil inventories to decline by almost a half million bpd in 2H23.

While the oil markets have been volatile, Northwest European diesel and gasoline margins have increased to a high level during Q323, improving the total refining margin outlook for Neste’s oil products.

Production cuts among OPEC+ members are limiting availability of medium and heavy sour grades of crude oil and contributing to higher relative prices for these grades, reversing typical price relationships.

AVEVA has been recognised as ‘Digital Partner of the Year’ at the 4th Edition of Downstream India Excellence Awards 2023 in New Delhi.

Tellurian Inc. and Baker Hughes have announced an agreement to supply eight main refrigerant compression packages for Phase 1 of the Driftwood LNG project.

Hytera Communications, a provider of professional communications technologies and solutions, has won the bid for Sinopec Group’s industrial two-way radio equipment procurement.