Oil refinery news

Shell Deutschland (Shell) has reached an agreement with Alcmene GmbH (part of the Liwathon Group) for the sale of its non-operated 37.5% shareholding in the Germany PCK Schwedt refinery.

According to EIA, as a result of several US refinery closures in 2020, US operable atmospheric crude oil distillation capacity dropped 4.5% to a total of 18.1 million bpd at the start of 2021.

The complex for processing ethane-containing gas (CPECG), under construction in the Leningrad Region, will drive an increase in Russia's share in the world oil and gas chemicals market from 2.5% to 6 – 7%.

The Ecoslops petroleum residues recycling (P2R) unit has started-up at the TotalEnergies La Mède platform in Bouches-du-Rhône, France.

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China Petroleum & Chemical Corp. (Sinopec) has initiated China's first megaton carbon capture, utilisation and storage (CCUS) project, the Sinopec Qilu-Shengli oilfield CCUS.

Oiltanking North America LLC (Oiltanking) has entered into a non-binding Letter of Intent (LOI) with ReGen III Corp. (ReGen III) to develop and operate logistics for ReGen’s used motor oil re-refinery production facility (the ‘re-refinery’) in Texas, US.

According to GlobalData, Africa is expected to register the highest refinery vacuum distillation units (VDU) capacity additions globally during 2021 to 2025, contributing around 33% of the total capacity additions by 2025.

hte – the high throughput experimentation company – has been selected by Zeopore Technologies for testing different mesoporised zeolite catalysts under various process conditions.

According to EIA, two petroleum liquids pipeline projects have been completed so far in 2021, and 17 more projects have been announced or are currently under construction.