Oil refinery news
Neste’s crude oil refinery in Finland to be transformed into renewables hub
Neste has begun a gradual transformation of its crude oil refinery in Porvoo, Finland, into a leading renewable and circular solutions refining hub.
Elevating sustainability in the world of refining
Miro Cavkov, Euro Petroleum Consultants (EPC), Bulgaria, explains why modern refineries need to adopt a diverse approach on their journey to reaching sustainability goals.
CITGO Corpus Christi Refinery earns third ENERGY STAR® certification
The CITGO Corpus Christi Refinery has earned the US Environmental Protection Agency's (EPA) ENERGY STAR® certification, distinguishing the plant as a leader in energy and environmental management in the petroleum industry.
NextChem signs agreement with Saras S.p.A
MAIRE has announced that NextChem has signed an agreement with Saras S.p.A for an engineering design study to accelerate the decarbonisation of Saras’ refinery in Sarroch, Sardinia.
Neste refinery in Porvoo is preparing for a major turnaround in spring 2024
The next major turnaround at Neste’s refinery in Porvoo, Finland, is scheduled for April - June 2024.
Low diesel inventories and high cracks spreads should attract global diesel to Europe
As Europe heads into its first winter after banning petroleum product imports from Russia, diesel imports from alternative trade partners look likely, reports the EIA.
Aramco to acquire a 40% stake in Gas & Oil Pakistan
Aramco has signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd. (GO).
IHRDC to support oil and gas companies in energy transition
IHRDC has unveiled a strategic initiative to assist oil and gas companies in preparing for the anticipated shift from fossil fuels to a sustainable, lower-carbon future by 2050.
Cosmo Oil and Yokogawa to explore possibilities for refinery digitalisation
Cosmo Oil Co., Ltd. and Yokogawa have joined forces to promote the digitalisation of operations at refineries owned by Cosmo Oil.
TotalEnergies signs agreement to divest minority stake in Natref refinery
TotalEnergies has announced an agreement to divest the 36.36% minority stake, held by TotalEnergies Marketing South Africa, in National Petroleum Refiners of South Africa (Natref) to the Prax Group.