Romania's Petrotel Lukoil refinery, owned by Russia's Lukoil has found alternative fuel supplies and its petrol stations will not be affected by a ban on Russian imports, Energy Minister Virgil Popescu said on Monday.
U.S. oil refiners that once were regular buyers of Venezuelan crude are jockeying to win access to coming cargoes chartered by Chevron Corp under a newly issued U.S. license, two people familiar with the matter said.
Chevron Corp is unlikely to add investment in Venezuela in the next six months despite a recent U.S. license to allow it to expand its operations in the South American country, Chief Executive Michael Wirth said.
An Italian oil refinery controlled by Russia's Lukoil still sees scope to remain operational despite a European Union embargo on Russian oil starting on Dec. 5, the company said, after Rome paved the way to place it in the hands of trustees.
India's Essar Group plans to set up a $4.92 B petrochemical complex in the eastern state of Odisha in a tie-up with a global player, it said in a statement.
Insulation systems in hydrocarbon processing facilities are integral to the effective thermal performance of process pipes and vessels. While insulation plays an important role in process control, energy efficiency, noise reduction and passive fire production, it is important to consider how an insulating system stands up to a persistent threat in hydrocarbon processing facilities – corrosion under insulation.
The tightening of environmental norms and emissions specifications provides additional challenges to refining.
Many industries utilize pumps in hot applications, including oil and gas facilities.
Essar Oil UK Limited announced its plan to build a £360 MM major new carbon capture plant at its Stanlow refinery in line with its ambition to become a leading low carbon refinery by 2030.
Following the release of the U.S. Environmental Protection Agency's earlier announcement about the Renewable Fuel Standard (RFS) on blending obligations, the AFPM has released the following statement.