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Offshore Wind Power
Vattenfall and Preem to Investigate Large Scale Decarbonization Using Offshore Wind and Hydrogen
Vattenfall and Preem will now enter into a feasibility phase to assess the possibility of accelerating the development of a value chain connecting offshore wind…
Oil Price
Why Is There a Worldwide Oil-Refining Crunch?
Drivers around the world are feeling pain at the pump with fuel prices soaring, and costs are surging for heating buildings, power generation and industrial pro…
United States
Surge in U.S. Renewable Diesel Supply Won’t Offset Loss of Petroleum Diesel
A flood of U.S. renewable diesel plants set to come online in the next three years will not be enough to offset the loss of petroleum diesel refining capacity f…
Energy Transition
Demand for Low-Carbon Hydrogen in Refining Could Reach 50 Mtpa by 2050
Lower costs and high carbon prices are needed to make cleaner energy source competitive, says Wood Mackenzie
Oil Price
U.S., European Thirst for Fuel Sends Physical Oil Prices Soaring
Sky-high refining margins for diesel and gasoline in Europe and the United States, driven by a cutoff in Russian supply, has sent prices for some types of phy…
Crude Oil
China's Shenghong Resumes Crude Buying Ahead of Refinery Commissioning
China's private refining complex Shenghong Petrochemical has resumed crude oil purchases ahead of the commissioning of its new refinery, sources with knowledge …
Carbon Neutral
Researchers Develop Reactor That Refines Waste Carbon into Chemicals While Generating Hydrogen
A team at Pacific Northwest National Laboratory has developed an innovative flow cell reactor capable of refining waste carbon into valuable chemicals, while si…
Asian Refining Technology Conference
Asian Refining Technology Conference (ARTC)Event Date: 26 – 27 October 2022Venue: Sands Expo & Convention Centre, SingaporeTheme: Reconfiguring the Industry fo…
United States
US Refining Expects Resurgent 2022
US refiners are set for a shift back toward pre-pandemic profits in 2022, with many expecting Covid-19 restrictions to taper amid rebounding demand for products…
Oil Refinery
Refinery Closures About To Happen In Europe
Shell plans to end crude processing at the Wesseling site within the Rhineland refining complex in 2025 as the facilities are repurposed for non-fossil fuel fee…
Hydrogen Project
Green Hydrogen from Expanded Wind Power in China: Reducing Costs of Deep Decarbonization
China is the world’s largest producer of hydrogen – currently chiefly an industrial feedstock consumed by the chemical and refining industries – and overwhel…
Nuclear Reactor
Cameco, X-energy Join up to Support SMR Deployment
Cameco is one of the largest global suppliers of uranium and also provides uranium mining, refining, conversion and fuel manufacturing services.
Crude Oil
ExxonMobil Baton Rouge Begins Restart Process
ExxonMobil's refining and petrochemical assets in Baton Rouge were undamaged by Hurricane Ida and have begun restart procedures today.
Oil & Gas Trade
New Zealand's Oil Refinery Set to Convert Into Import Terminal
New Zealand will stop refining crude oil from next year after shareholders in the country's sole refinery greenlighted a plan to convert it to a gasoline-import…
Oil Refinery
China's Crude Oil Runs Hit Record Highs in June
China's crude oil throughput hit a record high in June, rising 3.9% on a daily basis from the previous record set in May as more refineries resumed operations a…
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