News Articles
Colombia oil refinery delayed
Start-up of RefinerÃa Sebastopol in Colombia has been delayed by at least 12 months due to COVID-19 and social unrest. Construction is now slated to begin in 2H21, pending a tender for an engineering, procurement and construction (EPC) contract. Commercial operations are expected four years after the start of construction work.
Sri Lanka to boost refining capacity
Over the next five to six years Sri Lanka plans to increase its refining capacity by more than six-fold in order to reduce the dependence on petroleum product imports and meet high domestic demand.
Australia approves refinery fuel security legislation
The Australian parliament has passed the Fuel Security Bill 2021 that will provide approx. $1.8 Bn in funding to keep the country's two remaining oil refineries operational for at least the next six years. Payments will start to be made to the 109kbd (5.45Mnta) Lytton and 128kbd (6.4Mnta) Geelong plants from 1 July.
Siemens Energy Wins Contract to Electrify a Biorefinery in Germany
Siemens Energy has been awarded a contract to electrify UPM-Kymmene Oyj's biorefinery currently under construction in Leuna, Germany, and scheduled to start up in late 2022.
Grandpuits SAF plant to be operational in 2024
TotalEnergies has awarded a contract to Maire Tecnimont to execute front-end engineering design (FEED) for a new biorefinery to be built as part of the repurposing of its 101kbd (5.05) Grandpuits refinery at Seine-et-Marne in France, into a zero-crude site, and begin producing sustainable aviation fuel (SAF) in 2024.