News Articles

Sale of REMAN refinery approved

The Brazilian government has approved Petrobras’ proposed sale of its 46kbd (2.3Mnta) Isaac Sabbá (REMAN) refinery, including a storage terminal, Manaus to Atem's Distribuidora de Petróleo SA (Atem) subsidiary Ream Participações SA.

Panama to construct biorefinery

Panama’s Government along with a team of energy industry companies led by SGP BioEnergy, will construct a state-of-the-art biorefinery that would produce 180kbd (9Mnta; 2.6Bngal/year) of biofuels.

Future of Grangemouth refinery uncertain

Trade union bosses are seeking an urgent meeting with Scottish first minister Nicola Sturgeon amid uncertainty on the future of Petroineos’ Grangemouth oil refinery, following news that PetroChina is keen to sell its stake, raising fears that the business could fall into administration if no buyer is found.

Phillips 66 Jet Renewable Diesel commercial sales commence in summer

Phillips 66 is to commence commercial sale of its Jet Renewable Diesel this summer, following positive customer feedback after it was launched as a wholesale offering in February 2022.

BP looks to wind power for green hydrogen plan

BP has submitted bids in latest round of Dutch offshore wind leases with plans to link 500MW of electrolysis to produce approx. 50,000 tonnes/year of green hydrogen for its Rotterdam refinery and to support production of 10kbd (0.5Mnta) of sustainable aviation fuel (SAF).