Oil refinery news

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.

According to Rystad Energy, supplying Asia with LNG became much costlier for the US, but strong demand is bringing export records.

PBF Chalmette Refinery has announced that it is studying the possible conversion of an idled refinery unit into a renewable diesel production complex.

A major turnaround at Neste’s Porvoo refinery in Finland is now successfully completed and production has started at the refinery.

Magellan and Enterprise have teamed up with Intercontinental Exchange for a new Houston crude oil futures contract.

Motiva Enterprises has executed a long-term supply agreement with Aramco base oil affiliate S-Oil Corp. that will more than double Motiva’s current offer for Group III base oil in North America.

Chevron Marine Lubricants will boost its presence in African ports after extending its joint venture with Akwa Group.

MAN Energy Solutions and the thyssenkrupp business unit Uhde have signed an agreement to drive forward the development, testing and marketing of autonomous turbomachinery systems operation for the nitric acid production industry.

Oiltanking and Azur Drones have successfully equipped Oiltanking’s terminal in Copenhagen with state-of-the-art drone technology to support safety and operations.

Brooge Energy Ltd has announced that its customers have successfully renewed their fixed lease contracts for 233 071 cubic metres of Brooge Energy’s Phase I storage capacity.