Neste’s crude oil refinery in Finland to be transformed into renewables hub
Neste has begun a gradual transformation of its crude oil refinery in Porvoo, Finland, into a leading renewable and circular solutions refining hub.
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The Prax Group signs an agreement to acquire interest in PCK Schwedt Refinery from Shell Deutschland GmbH.
The next major turnaround at Neste’s refinery in Porvoo, Finland, is scheduled for April - June 2024.
As Europe heads into its first winter after banning petroleum product imports from Russia, diesel imports from alternative trade partners look likely, reports the EIA.
Aramco has signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd. (GO).
Rio Tinto will replace its entire fossil diesel consumption with renewable diesel at its Kennecott copper operation in Utah, US, from 2024.
TotalEnergies has announced a donation of US$25 million over 2024 - 2030 to the Global Flaring and Methane Reduction (GFMR) trust fund, an initiative of the World Bank.
Cosmo Oil Co., Ltd. and Yokogawa have joined forces to promote the digitalisation of operations at refineries owned by Cosmo Oil.
TotalEnergies has announced an agreement to divest the 36.36% minority stake, held by TotalEnergies Marketing South Africa, in National Petroleum Refiners of South Africa (Natref) to the Prax Group.
Japanese refiner, ENEOS, permanently closed a 120 000 bpd refinery in western Japan in mid-October, and Idemitsu Kosan plans to close a 120 000 bpd refinery in March 2024.
