Refining

After extensive repairs due to a fire, workers at Cenovus' Toledo refinery in Ohio, US, hope to restart the facility's crude 1 sour unit this week, followed by the sequential start-up of the rest of the facility.

Taiwanese refinery, CPC Taoyuan, was the recent recipient of the 22nd Public Construction Golden Quality Award for the successful start-up and continuous operation of a MECS® DynaWave® wet gas scrubbing system for flare gas desulfurisation.

The EIA expects global oil production to be lower than previously expected after OPEC+ announced that it will extend its crude oil production cuts, and Saudi Arabia announced an additional cut of 1 million bpd.

New research by DNV has revealed that the energy industry is boosting its cybersecurity spending, as heightened geopolitical tensions and the accelerating adoption of digitally-connected infrastructure have sparked concerns over the sector’s vulnerabilities.

DNV and Siemens Energy's global additive manufacturing (AM) business unit are joining forces to create a quality assurance platform for the 3D printing industry.

LyondellBasell has announced plans to delay its refining business exit from year-end 2023 to no later than the end of 1Q25.

Worley has announced the completion of the sale of the turnaround and maintenance business in North America to CAM Industrial Solutions.

RINA and Eni have signed an agreement to jointly develop initiatives that can contribute to the energy transition and decarbonisation of their respective operations, particularly maritime transport.

Shell Global Solutions International B.V. has awarded Worley an enterprise framework agreement (EFA) to provide services to Shell’s projects across the globe.

The American Fuel & Petrochemical Manufacturers (AFPM) has issued a statement following California’s request to ban sales of new gasoline and diesel vehicles by 2035.

Chevron Lummus Global (CLG) and TAQAT Development Co. have announced a license and engineering agreement for a needle coke/synthetic graphite complex.

Lummus Technology has announced that it has reached an agreement with Siemens Energy to acquire assets from its water solutions portfolio including intellectual property and copyrights, trade secrets, and research and development properties.

The Fergana oil refinery in Uzbekistan has made significant progress with its ambitious renovations.

McDermott has been awarded a project management consultancy contract from IOCL for the maleic anhydride unit at the Panipat refinery and petrochemical complex, located 62 miles from New Delhi, India.

With record high margins in 2022 pushing toward increasing market tightness, volatility, and potential long-term challenges, players can use this time as an opportunity to become more resilient. Cherry Ding, Tim Fitzgibbon, Hari Govindahari and Brian Roth, McKinsey, discuss.