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Phillips 66 Plans to Reconfigure Refinery to Produce Renewable Fuels

NGT News

Phillips 66, a diversified energy manufacturing and logistics company, says it plans to reconfigure its San Francisco refinery in Rodeo, Calif., The plant would no longer produce fuels from crude oil but instead would make fuels from used cooking oil, fats, greases and soybean oils.

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Weak refinery, export demand weakens prices for Midland crude along Texas coast

Oil & Gas 360º

(Investing) –HOUSTON – The price spread between WTI Midland crude in West Texas and Houston has narrowed this year as cold weather hurt Permian production, driving up prices, but weaker refinery and export demand on the U.S. crude futures. refinery utilization stood at 85.6% crude exports in 2024.

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From crude oil to chemicals: How refineries can adapt to shifting demand

McKinsey

The energy transition will reduce demand for oil products but increase opportunities to capture the growing demand for petrochemicals.

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Indonesia to Build Refineries with Total Capacity of 1 mmbbl/d

Egypt Oil & Gas

The Minister of Energy of Indonesia Bahlil Lahadalia announced that the country is to build oil refineries on several of its islands, including Kalimantan and Sulawesi, with a total capacity of 1 million barrels per day (mmbbl/d) increasing from 500,000 b/d, Reuters reported.

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US crude inventories rise, fuel draws down amid ongoing maintenance, EIA says

BOE Report

crude oil stockpiles rose and fuel inventories fell last week as seasonal refinery maintenance season ticked along, the Energy Information Administration (EIA) said on Wednesday. Crude inventories rose by 1.4 million barrels to 435.2

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Plate Heat Exchangers in Oil & Gas refinery

Scambio Termico

Plate heat exchangers (PHEs) are commonly used in oil and gas refineries for a variety of applications, including heat recovery, preheating of feedstock, cooling of product streams, and intercooling of gases. The plates are typically made of stainless steel or titanium, which are resistant to the corrosive effects of oil and gas.

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Protests Escalate In France, Force Exxon To Shut Down Operations

Orient Energy Review

Tolls are beginning to fall in Frances energy sector with the lingering strike action by protesting workers. An extension of the current strikes at Frances Le Havre port has cut off crude oil deliveries to ExxonMobils nearby Port Jerome refinery, according to the CGT trade union.