Crude Processing

The recent downturn in government subsidies has sent shockwaves through the renewable diesel (RD) market, profoundly affecting profitability across various plants.

Global commodities trader Glencore has secured a contract to supply crude oil to Prax's 113K b/d Lindsey oil refinery in the UK, replacing the previous supplier, Trafigura.

RIL: India's Largest Refinery Inks Russian Oil Deal

The Dangote refinery in Nigeria is actively pursuing a long-term supply of US crude while domestic crude is in surplus.

Mexican state energy company Pemex has begun supplying its new Olmeca refinery with only 16.3K b/d of crude oil, representing less than 5% of the refinery's total capacity.

hte, a German high throughput experimentation company owned by BASF, secured a contract with NEN, the Royal Dutch Standardization Institute, to conduct R&D services focused on fluid catalytic cracking (FCC).

The US has seen a significant increase in renewable diesel production, from 791MM gal/y (51.6K b/d) in 2021 to 3B gal/y (195.7K b/d) by 2023, leading to an oversupply and driving Renewable Identification Numbers (RINs) prices to a five-year low.

The future of renewable diesel appears uncertain in the US, with two companies taking opposite approaches in the face of economic challenges.

Renewable diesel (RD) is a promising alternative to traditional diesel fuel in the US, but its economic viability faces significant challenges.

The Southeast Asian country is charting a course towards leveraging biomass from its palm oil industry to fuel the production of advanced fuels.