"At COP 28, governments should make them stop drilling and start paying for the damage their operations cause.”
Oil refiners are finding it harder to secure funding for projects as more banks shy away from fossil-fuel financing, with plant owners now pressed to show their businesses have cleaner-energy goals, executives said.
It reported no casualties as a result of the spill. The company did not disclose the volume of oil spilled.
Five people were injured after an explosion at a refinery run by Indonesian state oil company Pertamina, the company’s third incident in recent weeks.
Saudi Aramco has taken a final investment decision (FID) on a major refinery and petrochemical project in China.
Indonesia’s national oil company (NOC) Pertamina said yesterday that it had extinguished a fire at its Cilacap refinery in Central Java.
A massive fire has been extinguished at one of Indonesia’s biggest oil refineries operated by national oil company Pertamina. However, near-term supply risks remain, but the national refining expansion plan remains intact, reported Fitch Solutions Country Risk & Industry Research.
The rise of China’s mega-refineries was always going to make life tougher for their competitors across Asia. But the fallout from Covid-19 is hastening the impact and accelerating consolidation across the region.
Indonesia’s biggest oil refinery, operated by national oil company Pertamina, experienced a huge explosion Monday morning, according to local media reports
Adnoc has signed up two more potential Murban Futures customers and lifted destination restrictions, in addition to providing more market information.
Taiwan’s CPC Corp. has celebrated the arrival of Chadian crude in its home market.
Novel injection, dispersion & mixing technology combats refinery corrosion