A Canadian facility operated by Parkland Corporation reported that it has expanded its co-processing of biobased feedstocks, taking advantage of upgraded refining units that allow blend-in of renewable inputs for […]
BPCL Inks Three Strategic MoUs at Energy Technology Meet 2025 to Advance Refining Efficiency, Logistics, and Green Energy Transition
Bharat Petroleum Corporation Limited (BPCL) has taken a major step toward expanding its refining and sustainable energy footprint by signing three strategic Memorandums of Understanding (MoUs) with Oil India Limited […]
HPCL Faces Operational Challenges at Mumbai Refinery Due to High-Salt Crude Oil
Hindustan Petroleum Corporation Limited (HPCL) is facing operational constraints at its Mumbai refinery following the processing of high-salt crude oil, which has impacted key refining units and throughput efficiency. According […]
TotalEnergies CEO Rejects Oversupply Fears Amid Refining Headwinds
At the Future Investment Initiative summit, TotalEnergies CEO Patrick Pouyanné dismissed market concerns of crude oversupply, stating demand remains robust despite signs of slack. He noted refiners are pivoting toward […]
Ukraine’s Drone Strikes Knock Out 20% of Russia’s Refining Capacity
Ukraine’s long-range drone strikes have caused an estimated 20% drop in Russia’s refining throughput, according to Ukrainian President Volodymyr Zelensky, who confirmed attacks on multiple refinery sites deep inside Russian […]
Galp Reports Q3 Refining Margin Boost, Net Income Jumps 53%
Portuguese energy company Galp Energia reported a 53% year-on-year increase in net income for the third quarter, surging to €407 million. The result was driven by improved refining margins—approximately $9.5 […]
Water Shortage Threatens Texas Refining Hub
A severe water shortage is threatening one of America’s major refining and petrochemical hubs in the Texas Gulf Coast, according to recent reporting. The region is experiencing historically low water […]
Digital Blueprint for E-Methanol Production Points Way to Next-Gen Refining Feedstocks
Schneider Electric has released a new technology roadmap designed to streamline the global roll-out of e-methanol production, signalling a shift in how refiners may integrate alternative feedstocks and power systems […]
Supertanker Freight Rates Soar as Buyers Rush to Replace Russian Crude
The global tanker freight market experienced a sharp spike as buyers scrambled to replace Russian crude in response to the latest U.S. sanctions on Rosneft and Lukoil. Contracts for supertankers […]
Bulgaria Moves to Protect LUKOIL Facility Amid U.S. Sanctions
Bulgaria’s government is implementing robust oversight measures at the LUKOIL-owned Burgas refinery (190 000 barrels per day) following recent U.S. sanctions on Lukoil and Rosneft. Energy Minister Zhecho Stankov confirmed […]
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