Petroecuador says crude oil output surpasses 400,000 bpd

MRC -- Ecuador's state oil company Petroecuador said that crude oil output surpassed 400,000 bpd for the first time since January 2021, said Hydrocarbonprocessing.

The increase in production comes as new President Daniel Noboa faces a deep economic crisis that's pushed thousands to migrate. In a statement, Petroecuador said crude oil production reached 401,852 barrels while barrels of oil equivalent reached 411,873 including natural gas and associated gas.

The company said the Sacha oilfield was its most productive with 78,259 barrels. Another key oilfield Auca saw production at 77,512 bpd while the zone comprising Apaika, Eden and ITT reached 99,852 bpd.

In a separate press release on Sunday, Petroecuador said it had contained an oil spill that affected the Shushufindi river in the Sucumbios province in Ecuador's northeastern Amazon region.

The company said it had begun cleaning operations but did not say how much oil had been spilled. It added that while the cause was still under investigation, the spill could have been related to pitting in a pipeline.

In November, Petroecuador said it will shut down a large drilling project in the Yasuni ecological reserve in the Amazon rainforest in August 2024, following a referendum to end it to protect nature and indigenous people.

The company estimates that lost revenue from the project due to the looming suspension will likely total about $680 MM next year.

We remind, Egypt's Suez Canal economic zone and Scatec ASA have signed a memorandum of understanding worth $1.1 B to supply ships with green fuel, a Suez Canal statement said on Sunday. The MoU agreed on the sidelines of the COP28 conference held in Dubai envisages production of 100,000 tons of green methanol per year by 2027, the statement said.

mrchub.com

Thyssenkrupp Uhde won contract for biopolymer plant from Gulf Biopolymers Industries Ltd

Thyssenkrupp Uhde won contract for biopolymer plant from Gulf Biopolymers Industries Ltd

MRC -- Thyssenkrupp Uhde has secured a basic engineering package and front-end engineering design package for the establishment of a biopolymer plant on the Arabian Peninsula, said Hydrocarbonprocessing.

The plant is intended to produce an industrial large-scale volume of polylactic acid polymer, utilizing lactic acid from corn as the primary feedstock. While polymer specialist Uhde Inventa-Fischer will perform the BEP for the PLA production based on its proprietary state-of-the-art technology, its sister company thyssenkrupp Uhde India will perform the FEED which covers the complete production complex including associated offsite and utilities.

The design of the biopolymer plant focuses on stringently optimized feedstock utilization during all stages: from starch conversion to lactic acid production, and finally polylactic acid production. An integral aspect of this project is the plant's ability to sustainably produce a range of PLA grades, addressing the diverse requirements of various industries such as packaging, textiles, and hygiene supplies.

"Replacing fossil feedstocks with renewable ones can minimize the ecological impact of entire value chains," stated Dr. Cord Landsmann, CEO thyssenkrupp Uhde. "This project is another proof that we can significantly contribute to a more sustainable production of much-needed materials for global key industries."

Harald Kroll, CEO Gulf Biopolymers Industries: “We are proud to announce the establishment of the first large biopolymer plant in the MENA region. This project is a milestone for the reduction of fossil-based plastics and advancing the adoption of environmentally friendly PLA polymers."

Derived from lactic acid, PLA stands out as a genuine biopolymer. It is produced from renewable biomass sources, and it is also biodegradable. This positions PLA as a sustainable alternative to conventional fossil-based plastics, offering a pragmatic solution for reducing the environmental footprint associated with plastic production and consumption.

We remind, seaborne diesel and gasoil exports from Russian ports rose 8.5% in November from a month earlier to about 2.8 Mmt after an export ban was lifted and production grew, data from traders and LSEG showed. Russia temporarily banned exports of diesel from Sept. 21 to cope with a domestic shortage. The embargo was partially lifted on Oct. 9, with Russia resuming ultra-low-sulfur diesel (ULSD) exports via Transneft pipelines. On Nov. 22 Russia lifted a ban on exports of summer diesel.

mrchub.com

LyondellBasell's polyolefin technology selected for Dongming Shenghai chemical complex in China

LyondellBasell's polyolefin technology selected for Dongming Shenghai chemical complex in China

MRC -- LyondellBasell announced that Dongming Shenghai Co., Ltd., will use the LyondellBasell Spheripol, Hostalen Advanced Cascade Process and Lupotech T technologies for its new facility, said the company.

The process technology will be used for a 350 kilotons per annum (KTA) Spheripol polypropylene plant, a 400 KTA Hostalen ACP high-density polyethylene plant and a 200 KTA Lupotech T vinyl acetate copolymer plant, to be built in Heze City, Shandong Province, P.R. China.

“We are delighted that Dongming Shenghai has awarded LyondellBasell these substantial licenses for the production of an extensive range of polyolefins,” said Neil Nadalin, Director of Licensing at LyondellBasell. Nadalin added: “Dongming Shenghai’s technology selection will enable them to produce durable benchmark polypropylene (PP) and high-density polyethylene (HDPE) products using the LyondellBasell Spheripol and Hostalen ACP low pressure processes and the Lupotech T vinyl acetate copolymer (EVA) process technology will enable them to be an active contributor to the global energy transition”.

Mr. Gao Zhi Qiang, General Manager of Dongming Shenghai said, “Working with the leading global licensor in polyolefin catalyst and process technology gives us additional confidence that the project will become a full success even in a complex market environment. In particular the focus on durable grades, the LYB extensive catalyst range, and the ability to produce EVA photovoltaic encapsulant materials, was a key process technology selection criteria for us”.

Spheripol technology is the leading polypropylene (PP) process technology with more than 33 million tons of licensed capacity. The latest fifth generation Spheripol technology includes process improvements that further maximize operational efficiency. The plant will commence operations using Avant ZN catalyst.

The Hostalen ACP process technology manufactures high performance, multi-modal HDPE resins with an industry-leading stiffness/toughness balance, impact resistance, high stress cracking resistance and process advantages used in pressure pipe, film and blow molding applications. The Hostalen ACP plant will commence operations using Avant Z501 and Avant Z509-1 catalysts to produce a full range of multi-modal HDPE products.

Decades of experience in high-pressure application design makes the Lupotech T process the preferred technology for LDPE/EVA plant operators. High conversion rates, demonstrated high plant availability and effective process heat integration are key attributes of the Lupotech T process, designed to ensure this technology’s energy efficiency. More than 15 million KTA of the Lupotech T process for LDPE/EVA production capacity has been licensed by LyondellBasell in over 70 lines around the world.

New licensees have the option of joining the LYB Technical Service Program. Through this program, they can benefit from the LYB in-house expertise of continuous production improvement, sustainable product development and catalyst.

We remind, LyondellBasell, a global leader in the chemical industry, is proud to announce the establishment of a new distribution hub in the United Kingdom for its Polyolefins grades. This strategic move is part of our ongoing commitment to enhancing the customer experience by placing inventories closer to our customers’ facilities reducing lead times on orders.

mrchub.com

Russia's seaborne diesel exports rose in November with the ban lifted and increased production

Russia's seaborne diesel exports rose in November with the ban lifted and increased production

MRC -- Seaborne diesel and gasoil exports from Russian ports rose 8.5% in November from a month earlier to about 2.8 Mmt after an export ban was lifted and production grew, data from traders and LSEG showed, said Hydrocarbonprocessing.

Russia temporarily banned exports of diesel from Sept. 21 to cope with a domestic shortage. The embargo was partially lifted on Oct. 9, with Russia resuming ultra-low-sulfur diesel (ULSD) exports via Transneft pipelines. On Nov. 22 Russia lifted a ban on exports of summer diesel.

In the first three weeks of November, diesel output from Russian refineries rose by almost 11% from an average October level to 238,120 tons per day, Reuters sources said.

Russian ULSD shipments to Brazil hit a record high in November, data from traders and LSEG showed. Russian diesel has replaced a large amount of Brazil's supplies, which were previously sourced from the U.S., traders said.

Russia has diverted its diesel supplies to Brazil, Turkey, African and Asian countries after a full European Union embargo on Russian oil products went into effect in February this year. According to LSEG shipping data, at least 0.93 million tons of diesel were loaded in November in Russian ports, mainly the Baltic port of Primorsk, and were now heading to Brazil.

Most of those cargoes will arrive in Brazilian ports in December. Between January and November ULSD shipments from Russian ports to Brazil have totaled 5.8 million metric tons, while diesel supplies from the U.S. have fallen to 2.25 million metric tons, after 5.9 million metric tons in the first 11 months of 2022, LSEG data showed.

Russian diesel and gasoil seaborne exports to Turkey rose 16% month-on-month in November to 750,000 metric tons, according to shipping data. Last month about 550,000 metric tons of diesel and gasoil from Russian ports were heading to African countries, including Libya, Togo, Ghana, Senegal and Ivory Coast, LSEG data showed.

Another 155,000 metric tons of diesel from Russia in November was destined for ship-to-ship transfers near the Greek port of Kalamata. The final destinations for these cargoes is not yet known. About 200,000 metric tons of diesel has no confirmed destination yet.

All the above shipping data are based on the date of cargo departure.

We remind, Egypt's Suez Canal economic zone and Scatec ASA have signed a memorandum of understanding worth $1.1 B to supply ships with green fuel, a Suez Canal statement said on Sunday. The MoU agreed on the sidelines of the COP28 conference held in Dubai envisages production of 100,000 tons of green methanol per year by 2027, the statement said.

mrchub.com

Kuwait's al-Zour refinery now fully operational

Kuwait's al-Zour refinery now fully operational

MRC -- Kuwait’s mega Al-Zour refinery is now fully operational, Kuwait Integrated Petroleum Industries Co. announced on Sunday, as per Bloomberg.

Bringing online the third of the three mini refineries that make up Al-Zour will gradually take the facility’s refining capacity to 615,000 barrels a day from a current 410,000 barrels a day, KIPIC chief executive officer, Waleed Al-Bader, said in a statement.

The plant was shut down last month after a fuel gas feed was cut off. The delay in reaching full operation was due to an issue with a unit, a person familiar with the matter said at the time.

Al-Zour, which is one of the biggest oil-processing facilities in the Middle East, will boost the nation’s refining capacity to about 1.5 million barrels a day.

We remind, Egypt's Suez Canal economic zone and Scatec ASA have signed a memorandum of understanding worth $1.1 B to supply ships with green fuel, a Suez Canal statement said on Sunday. The MoU agreed on the sidelines of the COP28 conference held in Dubai envisages production of 100,000 tons of green methanol per year by 2027, the statement said.

mrchub.com