Fuel oil, residual news

All news on Fuel oil, residual: plants, production capacities, investments and involved companies.

30 April 2026

Petrobras posts 1Q26 own production record of 3.23 MMboed

Ramp-up of multiple FPSOs and 10 new wells drove production gains (3.7% QoQ, 16.1% YoY); operated production 4.65 MMboed. Refining utilization, S10 diesel output and logistics records; LPG imports fell.
20 March 2026

Petrobras contracts two thermoelectric plants in 3rd Capacity Reserve Auction

Contracted two thermoelectric plants in 3rd LRCAP; combined with prior auction totals nine plants (~2.6 GW firm capacity for SIN, 2026–2031). Estimated annual fixed revenue ≈ R$4.45bn.
10 March 2026

KT-Kinetics Technology Completes Rijeka Refinery Upgrade in Croatia

The project included a new delayed coking unit and process revamp, overcoming challenges like COVID-19 and geopolitical issues, with key stakeholders attending the completion ceremony.
1 October 2025

Greenergy Acquires French Distributor Armorine

Greenergy completes acquisition of Armorine, expanding into the French market with plans to leverage combined expertise for growth and enhanced offerings.
31 July 2025

Clariant Q2 2025: Strong Profitability, Flat Sales

EBITDA margin rose to 17.5% despite flat sales. Savings program underway. 2025 sales growth forecast lowered to 1-3%.
17 June 2025

Greenergy Acquires French Fuel Distributor Armorine

The acquisition marks entry into the French market, enhancing growth with traditional and renewable fuels, leveraging logistics and biofuel expertise. Regulatory approval pending.

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