Gulf Oil and Gas accountACCOUNT

Petrochemicals


Saudi Aramco in Lead to Buy OMV's Turkish Unit Petrol Ofisi
SA >> 2/22/2017 - Oil giant Saudi Aramco is believed to be the front-runner to buy Turkish fuel stations business Petrol Ofisi from Austrian oil group OMV , sources familiar with the matter said. Saudi Aramco has place...
Japan's Mitsubishi Buys Iran Naphtha Cargo
IR >> 2/21/2017 - Japan's Mitsubishi Corp bought a naphtha cargo from Iran last month, the Asian country's first such purchase from Iran since October 2016, sources familiar with the matter said. The naphtha cargo, loa...
Iran Eyes 3mbd Refining Capacity by 2021
IR >> 2/17/2017 - Iranian Minister of Petroleum Bijan Zangeneh says Irans hydrocarbon refining capacity will cross 3 million barrels per day by the end of the 6th five-year development plan to 2021. ...
Product Markets and Refinery Operations - January 2017
AT >> 2/13/2017 - Product markets in the Atlantic Basin received support in January from the top of the barrel on the back of higher export opportunities in gasoline and naphtha. This, along with the positive performan...
ExxonMobil Singapore Refinery to Expand Group II Base Stock Production
SG >> 2/16/2017 - ExxonMobil announced today the expansion of its Singapore refinery to support the production of the company’s EHC™ Group II base stocks, which will strengthen the global supply of these products and e...
OPEC Data Confirm Irans Oil Output within Limits
IR >> 2/15/2017 - Irans crude oil production rose by 50,200 barrels per day in January over the previous month, reaching 3.75 million bpd, OPEC said in its monthly report on Monday, citing secondary sources, Financial ...
Gazpromneft & China Aviation Oil Sign New Agreement on Refueling in Russia
RU >> 2/14/2017 - Gazpromneft-Aero, jet fuel business operator of Gazprom Neft, and Chinese national jet fuel supplier China Aviation Oil Hong Kong Co. Ltd. (CAOHK) signed a new agreement on fueling CAOHK designated ai...
US Product Market - January 2017
US Product Market - January 2017 US >> 2/15/2017 - US gasoline demand stood at around 9.0 mb/d in December, approximately 110 tb/d lower than in the previous month and 170 tb/d lower than in the same month a year earlier. ...
Thai Oil Targets 2017 Refining Rate At 100-103% Of Capacity
TH >> 2/14/2017 - Thailand's largest oil refiner Thai Oil said on Tuesday it aims to run its refinery at 100-103 percent of its 275,000 barrel-per-day (bpd) capacity in 2017, and has no plans for any maintenance shutdo...
Saudi Aramco Inks First Oil Contract With China's Huajin
CN >> 2/13/2017 - State oil giant Saudi Aramco has signed a contract with Chinese oil refiner North Huajin Chemical Industries Group Corp to supply crude in 2017, two sources with knowledge of the matter said on Monday...
Rosneft Boosted its Throughput at German Refineries & Increased Crude Oil Deliveries
DE >> 2/13/2017 - Rosneft Deutschland GmbH (a Rosneft subsidiary) started operating business in Germany, key European market for refined products. Rosneft boosted its throughput at refineries in Germany to 12.7 mmt in ...
KNPC Signs Deal to Treat Liquid Sulfur
KW >> 2/9/2017 - Kuwait National Petroleum Company (KNPC) announced that it has partnered with Gulf Spic General Trading and Contracting Company (GS), for a project to build facilities for the treatment of liquid sulf...
McLaren & BP Castrol Confirm Technical Collaboration
UK >> 2/10/2017 - McLaren has joined forces with BP and Castrol for the provision of Formula 1 fuels and lubricant technology as well as the supply of products for McLaren Automotive, the renowned British manufacturer ...
Abu Dhabi Seeks over 240,000 T Gasoline after Recent Fire
AE >> 2/10/2017 - Abu Dhabi National Oil Co (ADNOC) is seeking over 240,000 tonnes of gasoline for March to April to plug a supply shortfall following a fire that shut half of the capacity at its oil refinery recently,...
Iran & Poland to Cooperate in Petchem Industry
IR >> 2/7/2017 - Iran's Petrochemical Special Economic Zone (PETZONE) has signed a memorandum of understanding (MoU) with a Polish company for knowledge transfer and investment in petrochemical projects. The deal was ...
Sales of G-Energy Lubricants Produced by Gazpromneft Increased by 30% in 2016
RU >> 2/3/2017 - Sales of G-Energy lubricants, produced by Gazpromneft-Lubricants, operator of the Gazprom Neft lubricants business, increased by 30 percent in 2016, to 41,000 tonnes, with sales of various premium-cla...
West Africa Oil Floods to Asia in Latest Sign of OPEC Impact
NG >> 1/31/2017 - West African oil producers this month will send the most crude to Asia in at least five years, the latest sign of how refineries in the world’s biggest demand region are scouring the world to replace ...
Sohar Refinery Improvement Project 99pc Complete
OM >> 2/4/2017 - Orpic, the nation’s refining and petrochemicals flagship, has announced the successful completion of a trio of major components at the heart of its multi-billion dollar upgrade of its refinery at Soha...
Crude Oil Prices in the World Market in January 2017
AZ >> 2/1/2017 - In January 2017, price for Brent crude oil in the world market was $ 54,67 per barrel, Urals oil - $ 53,66 and BTC FOB Ceyhan crude oil - $ 55,14.
Crude Oil & Oil Products Export for January 2017
AZ >> 2/1/2017 - SOCAR has exported 79 thousand 935 tons of crude oil from Novorossiysk port, 176 thousands 109 tons from Supsa port, 1 398 thousands 440 tons from Ceyhan port in January 2017. The indices of crude oil...
Venezuela's Paraguana Refineries at 42% of Capacity
VE >> 1/31/2017 - Venezuela's Paraguana refining complex was operating at about 42 percent of capacity, a union official said, citing an internal report that came amid chronic unit stoppages in the crisis-hit OPEC coun...
Karoon Petchem Plant Exports Aniline to India
IR >> 1/30/2017 - Karoon Petrochemical Plant has exported two aniline cargoes to India. Operator of Karoon Petrochemical Complex said on Monday that phase two of the plan has come online and it has sent a 50-ton and 16...
Asian Product Market - January 2017
Asian Product Market - January 2017 SG >> 1/31/2017 - The Asian market continued to be relatively healthy during December on the back of firm regional demand. However, pressure coming from the supply side with the end of the maintenance season caused ref...
Iran & Poland to Cooperate in Petchem Industry
IR >> 1/29/2017 - Iran's Petrochemical Special Economic Zone (PETZONE) has signed a memorandum of understanding (MoU) with a Polish company for knowledge transfer and investment in petrochemical projects. ...
Ghana's Only Oil Refinery Shut after Explosion
GH >> 1/27/2017 - Ghana's only oil refinery, the Tema Oil Refinery, is shut after an explosion at a newly installed 5.8-million-euro crude oil heating unit, a senior union official said. The blast at the crude distilla...
Tembi Pumping Station Comes Online
IR >> 1/29/2017 - According to Managing Director of Masjed Soleyman Oil & Gas Producing Company Tembi pumping station, has been operational. Aiming to transmit Parsiyah and Masjed Soleyman‘s crude oil, Tembi pumping st...
Malaysia's Petronas Says RAPID Project Remains On Track
MY >> 1/27/2017 - Malaysia's state oil firm Petroliam Nasional Berhad (Petronas) is pushing ahead with plans to start operations in 2019 at a large refining and petrochemical complex in the southeast of the country des...
GE Proposes Investing in Nigeria's Ailing Oil Refineries
NG >> 1/24/2017 - General Electric, GE, a US multinational company with an asset valued at 493 billion dollars which business focus areas include oil and gas, power, water supply, aviation, healthcare, transportation a...
Saudi Aramco Shelves Plan for Joint Venture with Malaysia's Petronas
SA >> 1/25/2017 - Saudi Aramco has shelved plans for a partnership with Malaysian state-oil firm Petroliam Nasional Berhad in a $27 billion refining and petrochemical project in the southeast Asian country, industry so...
Gazprom Neft’s G-Energy Team Wins Africa ECO Race 2017 Marathon Rally
RU >> 1/17/2017 - Gazprom Neft’s G-Energy team (Vladimir Vasiliev and Konstantin Zhiltsov), driving an off-road mini and supported by Gazpromneft-Lubricants, have secured a landslide victory in the Africa Eco Race mar...
Gazprom Neft’s Moscow Refinery Improves Refining Efficiency In 2016
RU >> 1/19/2017 - Gazprom Neft’s Moscow Refinery refined a total 10.7 million tonnes of oil in 2016, with production of light oil products increasing to 58.1 percent (a two-percent increase on 2015). Conversion rate at...
Reliance & Sibur JV Plans to Build South Asia’s First Halogenated Butyl Rubber Unit
RU >> 1/17/2017 - Reliance Sibur Elastomers Private Limited (RSEPL), a joint venture between SIBUR and Reliance Industries Limited (RIL), announced plans for setting up South Asia’s first halogenated butyl rubber unit ...
Product Markets and Refinery Operations - January 2017
AT >> 1/18/2017 - Product markets showed a mixed performance in the Atlantic Basin during December. US refinery margins were supported by the recovery seen in US gasoline crack spreads on the back of healthy domestic d...
The Naphtha Hydrotreatment Installation Start-Up & Commissioning Works Are Underway at TANECO
RU >> 1/16/2017 - They started start-up and commissioning works at the naphtha hydrotreating installation of the TANECO Complex started. The forecast duration of the program is expected to take 60 days. ...
Gazpromneft-Aero is the First Russian Company to Automate Recordings of Aviation Fuel Supplies
RU >> 1/16/2017 - Gazpromneft-Aero is the first Russian aviation fuel operator to switch to automated recording of aviation fuel supplies when refueling commercial aircrafts. This will substantially reduce the time req...
Iran 9-Month Petchem Output at 37.6mt
IR >> 1/16/2017 - Iranian petrochemical plants processed 37.6 million tons of petrochemical products in the first 9 months of the current Iranian calendar year which began on March 20. According to the National Petroch...
Iran Plans to Launch 5 Petchem Projects by March 2017
IR >> 1/16/2017 - Iran is to launch 5 new petrochemical projects within the remaining two month of the current calendar year to March 20, a senior petrochemical official said. ...
Rockwell Automation Scales Serialization Solution for Pharmaceutical & Medical Device Manufacturers
AE >> 1/9/2017 - Mandated serialization standards across markets require pharmaceutical and medical device manufacturers to adopt specified standards to track and trace products across their supply chains. The newly u...
Air Liquide Strengthens Its Long-Term Partnership with ArcelorMittal in France & Benelux
BE >> 1/9/2017 - Air Liquide and ArcelorMittal, the world's largest steel producer, have recently signed two long-term renewal contracts for the supply of oxygen, nitrogen and argon to ArcelorMittal’s production sites...
Russia's Tuapse Oil Refinery Yet to Restart Main Unit After Fire
RU >> 1/11/2017 - Russia's Tuapse oil refinery, which is owned by Rosneft, has yet to restart its sole primary processing CDU-12 unit after a pump was damaged by a fire on Wednesday, the energy ministry said. Plant off...

Categories

EPC Exploration Offshore Seismic Drilling Pipelines LNG Refining Petrochemicals

Regions

Middle East Africa East Mediterranean Asia Europe North America Latin America

Unconventional Fuels

Shale Gas Oil Shale Oil Sands Coalbed Methane Tight Gas Heavy Oil

Renewable Energy

Solar Energy Wind Energy Biomass Energy

Finance & Investing

Financial Results Oil Trade




Write for us!

Submit PR to Gulf Oil & Gas

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.