Oil refinery news
TotalEnergies and Air Products sign agreement for delivery of green hydrogen to decarbonise refineries
TotalEnergies and Air Products have signed a 15-year agreement for the supply of 70 000 tpy of green hydrogen in Europe starting in 2030.
Major turnaround at Neste’s Porvoo refinery successfully completed
The major turnaround with scheduled maintenance of Neste’s Porvoo refinery in Finland has now been successfully completed.
EIA: strong hurricane season forecast presents risk for US oil and natural gas industry
The potential for a stronger hurricane season suggests heightened risk for weather-related production outages in the US oil and natural gas industry.
Kinetics Technology (Maire) acquires APS Evolution and KTI Poland
Maire has announced that Kinetics Technology (the subsidiary part of the Integrated E&C Solutions Business Units operating in support of the Sustainable Technology Solutions Business Unit) has signed a binding agreement to acquire 100% of APS Evolution S.r.l, parent company controlling APS Designing Energy S.r.l. and KTI Poland S.A.
EIA: higher refining costs could increase summer gasoline prices
The EIA reports that average monthly prices for regular-grade retail gasoline in the US could increase by more than 10 cents per gal. if refinery output is lower than expected.
Integrated Global Services recognised for role in mega turnaround
Integrated Global Services (IGS) has been recognised as a major contributor to the successful Ras Tanura Refinery (RTR) 2024 Mega Turnaround and Inspection (T&I) for Aramco.
TotalEnergies and SINOPEC strengthen cooperation
TotalEnergies and SINOPEC have signed a strategic cooperation agreement to deepen their collaboration, notably in low-carbon energies.
The digital factory
Nienke Gerridzen, Yokogawa, explores how companies can maximise the impact of digitalisation in a VUCA world.
EIA: China imported record amounts of crude oil in 2023
The EIA reports that China, the world’s largest importer of crude oil, imported 11.3 million bpd of crude oil in 2023, 10% more than in 2022, according to China customs data.
BASF, SABIC and Linde celebrate start-up of electrically heated steam cracking furnace
BASF, SABIC, and Linde have inaugurated the world’s first demonstration plant for large-scale electrically heated steam cracking furnaces.