
OMV refinery implements measures to reduce CO2 emissions
OMV has pledged to reach net-zero emissions of operations (Scope 1 and 2) by 2050 or sooner.
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OMV has pledged to reach net-zero emissions of operations (Scope 1 and 2) by 2050 or sooner.

The platform will be used for renewable diesel and bioplastics production, as well as plastics recycling.

The two regions are likely to add in the region of 757 000 bpd of refinery coking capacity by the end of 2024, according to GlobalData.

The IsoTherming VGO hydrotreater at CNOOC's Huizhou Refinery is designed to process 51 419 bpsd (2600 kmta) of a vacuum gasoil feedstock as feed for the FCC unit.

Voting on the sale of Petrobras' refineries has been postponed by Brazil's Supreme Court, without setting a new deadline.

The company will supply up to 2.5 petajoules of natural gas under the initial two and a half year agreement.

The review is due to a gradual rise in use of cleaner fuels and changing demand patterns in India.

The Court’s decision paves the way for Meridian to complete engineering, procurement and financing for the Davis project.

Hengyi is planning to add a 280 000 bpd crude oil refinery and a 2 million tpy paraxylene unit at its complex in Palau Muara Besar.

Australia's government has announced plans to subsidise the country's refineries in order to keep them open wherever commercially possible.

The US's only offshore terminal, the Louisiana Offshore Oil Port (LOOP), stopped loading tanker ships on Sunday, while the port of New Orleans closed on Monday.

In response to falling fuel demand, the integration of a refinery with a petrochemicals plant can improve the revenue generation potential of refiners, says GlobalData.