Crude Processing

BIOCRUDES, PYROLYSIS OIL
US independent refiner Phillips 66 and integrated major ExxonMobil navigate California's renewable fuel landscape differently.
US independent refiner Phillips 66 and integrated major ExxonMobil navigate California's renewable fuel landscape differently.
June 29, 2024
REFINERY CRUDE PROCUREMENTS
TMX shifts dynamics: US West Coast refiners embrace Canadian crude versus Iraqi imports.
TMX Shifts Dynamics: US West Coast Refiners Embrace Canadian Crude vs. Iraqi Imports
June 29, 2024
REFINERY CRUDE PROCUREMENTS
Challenges and ambitions: Dangote refinery's struggle with crude supply in Nigeria.
Dangote Refinery, Africa's largest, launched operations in Jan. 2024 with ambitions to meet 100% of Nigeria's demand for refined petroleum products and export surpluses.
June 29, 2024
REFINERY CRUDE PROCUREMENTS
Vietnam's Dung Quat refinery secures Bach Ho crude supply.
Binh Son Refining and Petrochemical, the operator of Vietnam's Dung Quat refinery in central Vietnam, has finalized a new contract with Vietsovpetro, the operator of Bach Ho, Vietnam's largest oil field, securing crude oil supply for the refinery from 2024 to 2027.
June 29, 2024
REFINERY CRUDE PROCUREMENTS
The Future of Light Louisiana Sweet Crude: Implications for US Refiners and Global Markets.
There is an evolving landscape of Light Louisiana Sweet (LLS) crude, a premium grade known for its low sulfur content and high API gravity.
June 29, 2024
BIOCRUDES, PYROLYSIS OIL
Strategic expansion and focus in biofuels: bp's acquisition of bp Bunge Bioenergia.
bp has reached an agreement to acquire Bunge’s 50% stake in bp Bunge Bioenergia S.A., valued at approximately $1.4B.
June 23, 2024
BIOCRUDES, PYROLYSIS OIL
Phillips 66 expands renewable fuel production amid market challenges.
US major independent refiner is enhancing operations at its Rodeo refinery in California, focusing on renewable diesel and sustainable aviation fuel (SAF) production.
June 23, 2024
REFINERY CRUDE PROCUREMENTS
Impact of TMX Expansion on US West Coast refiners' margins.
Following the startup of the Trans Mountain Expansion Project (TMX) in May 2024, US refiners, including those on the West Coast, have experienced a tightening of margins. 
June 22, 2024
BIOCRUDES, PYROLYSIS OIL
OMV expands renewable fuel production in Europe.
The Austrian oil major has launched a new co-processing plant at its Schwechat refinery in Austria, investing approximately €200MM to produce renewable diesel blending components.
June 16, 2024
BIOCRUDES, PYROLYSIS OIL
US to see surge in low-CO2 biofuel feedstock imports: USDA report.
The US Department of Agriculture (USDA) has forecasted a rise in imports of low-CO2 biofuel feedstocks driven by forthcoming tax credits that incentivize fuels with reduced greenhouse gas emissions.
June 16, 2024
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