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...from a current 20% to 13% by 2030. Issues likely to dominate the energy environment in 2023 are: Crude oil supply, especially in the light of recent OPEC decisions on...
...starting from 2025. From waste to fuel The Virgin Group and Agilyx aim to reuse plastic waste to produce synthetic crude oil that will then be refined into a lower...
...day the next round of EU sanctions will go live which will ban the import of Russian crude oil into Europe and prevent insurance companies being involved in sales unless...
...of a drop in US crude supplies, one oil services company CEO told Bloomberg: “The industry is aghast at these changes. They are more direct, more fierce and quicker than...
...the same level as crude-derived fuels. And additional incentives for low carbon fuel use in hard to decarbonise transport, for example Heavy Goods Vehicles, should be considered to increase demand...
...and Fame, which is used to price European biodiesel supplies. Argus prices for jet fuel, diesel, fuel oil, butane, propane, ethanol and crude are also included in the agreement. In...
...not like crude oil, with millions of barrels a day readily available for extraction, meaning that multiple pathways will be required to achieve this level of production. The current feedstocks,...
...fuel system that will feed into the company’s hydrogen-ready crude distiller furnace. Wood will also re-design the core infrastructure and control systems to enable the efficient and safe combustion of...
...for very similar to that of crude oil, many refineries globally are switching capacity to renewable liquid fuel production. Main image shows: L to R Peter Kinney, Senior Commercial Sales...
...and operated by Circle K. Sale of the Whiddy Island ‘entrepot’ facility in 2014 by Phillips 66 to US-based Zenith Energy Management LLC , with total storage for crude oil...
...have not solved the first problem associated with hydrogen and that is that the only way to currently produce it at scale is via crude oil refining and / or...
This month once again saw the price of Brent crude hit $70 a barrel – it’s highest level in two months. Having first recovered to pre-pandemic levels in February of...
...currently structured, performs well against these criteria. Refiners have access to crude markets and also provide a source of product within the UK itself, while importers help to mitigate the...
...of Bahrain’s energy-related activities; primarily refining, distribution of petroleum products and natural gas, sales and export of crude oil and refined products. The company owns a 260,000 barrel-a-day refinery, storage...
...they described as an ‘insulting’ pay proposal. Fawley is the UK’s largest refinery and produces about a fifth of the UK’s transport fuel needs, processing about 270,000 barrels of crude...
...at the peak of the covid crisis when crude oil prices were falling through the roof and trading desks around the world were either making a lot of money or...
Built in 1959 Whitegate is Ireland’s sole refinery, it processes up to 75,000 barrels of crude oil per day, producing transportation and heating fuels. It has a workforce of 160...
...project for major improvements to key units at the Stanlow refinery which will deliver a further reduction in crude oil costs and improved yields across the finished product range. www.essaroil.co.uk...