Oil refinery news

AFPM President and CEO Chet Thompson has issued a statement in response to the Surface Transportation Board’s decision to require supplemental information for the latest Class 1 freight rail merger application.

Encina has announced the execution of a strategic collaboration agreement with BASF supporting the development of Encina’s planned US Gulf Coast circular chemicals manufacturing facility.

hte and KTI have agreed to collaborate on products previously marketed by KTI, for products under ACE® Technology, an established product line for evaluating various technical aspects of the FCC process.

ORLEN has significantly expanded its biofuel production capacity with the launch of a hydrotreated vegetable oil plant in Plock, Poland, with a rated output of around 300 000 tpy.

Green Fuels Operating's new US$400 million refinery will be located at the site of a former refining complex, bringing clean-engineered fuel production, career-level jobs, and long-term economic investment to Stephens County, Oklahoma, US.

The EIA has reported that the US is a major energy exporter and importer, especially for petroleum as it sets new record total energy exports.

Emerson have announced it will co-develop next-generation corrosion management solutions for the Saudi Arabian Oil Co. (Aramco).

Aramco and PETRONAS have announced the signing of an agreement for the transfer of Aramco’s equity stakes in Pengerang Refining Co. and Pengerang Petrochemical Co. to PETRONAS.

Renewables are expected to account for more than 40% of the global power generation by 2030, GlobalData has reported.

Oil prices could reach US$200/bbl in worst-case scenario as more than 11 million bpd of Gulf crude and condensate supply remains curtailed, Wood Mackenzie has reported.