Refining

The API recently announced that Chevron Chairman and CEO Mike Wirth will serve as Chairman of API’s Board of Directors for a two-year term.

Around 42% of North America’s total crude oil refinery capacity was under planned and unplanned maintenance in 2021, according to GlobalData.

Godrej Process Equipment has delivered a critical LC Max Vacuum Tower to a refinery modernisation project in Visakhapatnam, Andhra Pradesh, India.

In November 2021, there was more consumption of residual fuel oil (RFO) in the US, measured as product supplied, than for any month since January 2017.

Rosneft is set to supply 100 million t of oil to CNPC, which will be processed at factories in northwest China to meet the country's needs for petroleum products.

TotalEnergies is expanding in Mozambique with the acquisition of BP’s retail network, wholesale fuel business and logistics assets.

Omniflex has delivered a new remotely monitored and controlled ICCP system to support Engen’s storage facility upgrade and sustainability drive.

In its January Short-Term Energy Outlook, the EIA forecasts that OPEC petroleum production will increase by nearly 2.7 million bpd in 2022 – the largest y/y increase in OPEC production since 2004.

Maire Tecnimont S.p.A.’s subsidiaries have signed an EPC contract with Rosneft for the implementation of a VGO Hydrocracking Complex at RORC’s production site in Russia.

SOCAR has signed licensing and design agreements with Axens for an FCC unit to be used at the Heydar Aliyev Oil Refinery as part of the refinery’s modernisation and reconstruction project.

After declining in 2020, the combined production of US fossil fuels (including natural gas, crude oil and coal) increased by 2% in 2021 to 77.14 quadrillion Btu.

Shell has completed the sale of its interest in the Deer Park Refining Ltd partnership, a JV between Shell Oil Co. and P.M.I. Norteamerica, S.A. De C.V. (a subsidiary of Pemex).

In 2021, Petrobras beat its record investment in preventative maintenance at its refineries, with a spend of R$2.3 billion.

Neste has been included in the Corporate Knights 2022 Global 100 Index of the most sustainable companies in the world for the 16th consecutive time.

Twin Brothers Marine has signed a teaming agreement with integrated solutions provider, Quality Companies.