U.S. crude inventories fell, while gasoline and distillates stockpiles rose last week amid strong refining activity, the Energy Information Administration said on Wednesday.
U.S. refiners have been focusing on maintenance activities after operating at breakneck capacity in 2022 following supply shortages stemming from Russia's invasion of Ukraine.
The plans include a previously announced project to spend $75 MM to revitalize its condensate splitter unit which it acquired in June, and $71 MM on its lube oil complex to produce higher-value base ...
Major Asian refiners have locked in term deals for diesel exports in 2026 at higher premiums to benchmark Singapore prices than this year, several trade sources said, supported by firmer prices in ...
When President Donald Trump in October slapped sanctions on Rosneft and Lukoil, which together account directly or indirectly for around two-thirds of Russia’s oil exports, the U.S. struck at the core ...
The CATOFIN technology combines Lummus Technology’s advanced PDH process with Clariant’s customized CATOFIN catalyst and heat-generating material (HGM) to convert liquefied petroleum gas into ...
The L18 system, developed by Methanol Reformer, will produce hydrogen from methanol to support hydrogen applications at MGC’s Niigata facility. This project represents Methanol Reformer’s first ...
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