Australia: Viva Geelong Refinery Maintenance

Viva Energy, under a revised structure has decided to proceed with the major maintenance of the Residue Catalytic Cracking Unit (RCCU) at its Geelong Refinery, in response to the impacts of COVID-19, commencing earlier than planned and over a longer period of time. Although some work has been deferred until 2021, preparations are advancing with […]

Fuels Europe Clean Fuels Pathway

The ambition of the European Union is to be climate neutral by 2050. The European refining industry supports the same ambition. Our industry is transforming, and we have developed a comprehensive potential pathway of how we, together with our partners, can contribute to meeting the 2050 climate neutrality challenge. This work is the continuation of […]

BP Revises Long Term Price Assumptions

Progressing strategy development, bp revises long-term price assumptions, reviews intangible assets and, as a result, expects non-cash impairments and write-offs In mid-February, BP p.l.c. (bp) laid out a new purpose – to reimagine energy for people and our planet – and its ambition to become a net zero company by 2050 or sooner and to help the […]