Taiwan's Formosa Petrochemical Corp is operating its refinery at 68% capacity this month, or about 370,000 barrels per day, down from 70% in March due to planned maintenance on one of its refining ...

Refining margins of Indian refiners and OMCs have been on a downward trend from the highs reached in FY23 amid large discounts on Russian oil.

Global Plastics Treaty negotiations face challenges due to differences over limiting production or recycling, with potential solutions in co-pyrolysis technology.

Restructuring affects jobs and communities. A responsible government must balance boldness with sensitivity, anticipating the ...

This transaction strengthens our position as a leading integrated downstream energy provider”, Don Baldridge, Phillips 66 executive vice president for midstream and chemicals ...

Mostly cloudy with a high of 87 °F (30.6 °C). Winds from SW to SSW at 9 to 14 mph (14.5 to 22.5 kph). Night - Partly cloudy with a 51% chance of precipitation. Winds variable at 4 to 8 mph (6.4 to ...

More than 25 major consumer brands and petrochemicals have been traced to fracking in the Permian Basin, one of the world’s ...

Refineries can cheaply crack, not build. With growth from 3rd ... diesel and approximately 30 million gallons of renewable naphtha per year. The DGD Port Arthur Plant, which has a production ...

Beyond the propylene fractionator, the cracking heater measures 68 meters in height and weighs 3,200 tons. The heater plays a vital role in breaking down raw materials such as naphtha and LPG ...