MasoSine Certa pumps match consumer appetite for superfoods
As anyone who has been tracking the shopping habits of millennials will reveal, avocados are now among the most popular superfoods.
Phillips 66 advances California refinery-to-renewables conversion project
Phillips 66 has started the first leg of renewable diesel production under its ongoing Rodeo Renewed project to convert the 120,000-b/d portion of its San Francisco refining complex in Rodeo, Calif. into a renewable fuels refinery.
Why Russian Oil Giant Lukoil Won’t Give Up On This Huge Oilfield
There was always something that did not look quite right about Lukoil’s recent announcement that it was going to withdraw from Iraq’s huge West Qurna 2 oil field, located 65 kilometers northwest of the southern port of Basra and with roughly 14 bill…
Indian Oil lets contract for new units at Barauni refinery
Indian Oil Corp. let an additional contract to McDermott International to provide EPCC services for new units to be added as part of IOC’s project to increase crude oil processing capacity at its Barauni refinery in Begusarai District, Bihar.
Kazanorgsintez lets contract for Kazan petrochemical complex
PJSC Kazanorgsintez has let a contract to Maire Tecnimont SPA to deliver engineering and procurement for a new polyolefins production unit to be installed at the operator’s existing petrochemical complex in Kazan, Tatarstan, Russia.
Sibur’s ZapSibneftekhim upgrading unit at Tobolsk petrochemical complex
ZapSibNeftekhim has let a contract to Honeywell UOP for the modernization of a PDH unit to increase propylene feedstock for expanded production of polypropylene at its base polymers petrochemical complex in Western Siberia’s Tyumen region.
Whistler pipeline placed in service
Whistler Pipeline LLC started full commercial service on the Whistler natural gas pipeline on July 1, providing some 2.0 bcfd of incremental natural gas transport capacity to the Texas Gulf Coast markets from the Permian basin.
USA Says Oil Tanker Was Targeted by Drones
U.S. Navy experts believe a drone struck an oil tanker with links to an Israeli billionaire off Oman this week, the Associated Press reported, citing the American military.Two crew members -- a Romanian and a U.K. citizen -- were killed when the Merce…
Just a speed bump? Oil has taken a dive, but Goldman is still bullish
A panic-induced sell-off in the oil market triggered by virus concerns has thrown the commodity’s upward march into question — but energy experts at Goldman Sachs don’t appear to be rattled.Fears over the surging delta coronavirus variant and a fre…
U.S. And Russia Urge China And Europe To Get Involved In Nuclear Talks
Russia says it wants Britain and France to become part of wider nuclear arms control talks with the United States as Washington continues to seek Chinas inclusion in the negotiations.Anatoly Antonov, Moscows envoy to the United States, said on July 29…
Libya Looks To Boost Oil Production To 1.6 Million Bpd In 2022
Libya could boost its oil production to 1.6 million barrels per day (bpd) by the middle of 2022 if the industry has the necessary funding, Libya’s Oil Minister Mohamed Oun told Italian news agency Agenzia Nova in an interview published this week.Curr…
Oil falls as coronavirus, slower China imports hit demand
LONDON, July 26 (Reuters) - Oil prices fell on Monday due to concerns over fuel demand caused by the spread of COVID-19 variants and as changes to import rules in China offset expectations of tight supplies through the rest of the year.Brent crude fut…
India's Largest Refiner Plans To Ramp Up Capacity This Decade
Indian Oil Corporation (IOC), the largest oil refiner in the country,looks to boost its crude oil refining capacity by one-third over the next half-decade as it believes gasoline and diesel demand will continueto rise in India, IOC’s chairman Shrikan…
US-Sanctioned Chinese Firm Helps Iran, Venezuela To Export Oil
China Concord Petroleum Co., Limited, also referred to as CCPC, was sanctioned by the United Statesat the end of September 2019, "for knowingly engaging in a significant transaction for the transport of oil from Iran," the then U.S. Secretar…
China Ramps Up Coal Production To Meet Growing Energy Demand
While the rest of the world is tryingto come to grips with the European Union’s proposed carbon border adjustment mechanism (CBAM) – which calls for the levying of charges on non-E.U. products in relation to their embedded carbon footprint — China,…
OPEC+ agrees oil supply boost after UAE, Saudi reach compromise
MOSCOW/DUBAI/LONDON,July 18 (Reuters) - OPEC+ ministers agreed on Sunday to boost oil supply from August to cool prices which have climbed to 2-1/2 year highsas the global economy recovers from the coronavirus pandemic.Thegroup, which includes OPEC co…