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Petrochina's Head Of Crude Oil Trading Resigns, Replaced By Deputy
CN >> 3/22/2017 - The head of crude oil trading at Chinese state energy giant PetroChina has resigned after 20 years with the company, a rare departure from a state-owned enterprise known for retaining talent in the mi...
Clariant Launches Polymax® 850 Catalyst for More Profitable & Sustainable Fuel Upgrading
DE >> 3/21/2017 - Clariant, a world leader in specialty chemicals, announced the launch of PolyMax 850, a high-performance, sustainable catalyst for petroleum refineries. The new phosphoric acid catalyst increases poly...
Lukoil Named Best Supplier for Automotive Concerns in Russia
RU >> 3/16/2017 - LUKOIL Lubricants Company has received the "Best Supplier 2016" award in the Russia Automotive Forum (RAF) for its contribution to the Russian motor lubricants industry. The awarding ceremony was held...
Russia to Add More Gasoline Refining Capacity in 2017
RU >> 3/17/2017 - Five Russian refineries are expected to finish upgrades of their gasoline production units this year, with the new capacity potentially allowing Russia to boost exports of high-octane gasoline, accord...
Gazprom Neft Building a Hydrogen Production Facility at Its Omsk Refinery
RU >> 3/17/2017 - Gazprom Neft has begun construction of a standalone 12,300-tonne-per-year-capacity hydrogen production unit at its Omsk Refinery. This processing facility will provide high-purity (99.9 percent) hydro...
India’s Imports from Iran Trebled in February
IR >> 3/15/2017 - The latest shipping figures show that India’s imports of crude oil from Iran in February increased by about three times compared to the same period last year. ...
Engen to Ship Gasoil to Singapore in Rare Move
ZA >> 3/15/2017 - South African petroleum company Engen is set to export a gasoil cargo to Singapore, according to trade sources and shipping data. The company has provisionally booked the Torm Horizon to transport 35,...
Sinopec Starts Operation Of Crude Oil Pipeline In South China
CN >> 3/14/2017 - China Petroleum and Chemical Corp has started operating a major crude oil pipeline that connects eastern Jiangsu province with refineries in south China, the company said in a statement. The pipeline,...
Product Markets and Refinery Operations - March 2017
AT >> 3/14/2017 - Product markets in the Atlantic Basin exhibited a mixed performance during February, as higher gasoline export opportunities to East of Suez, along with tightening sentiment fuelled by the falling ARA...
Preem & Vattenfall Collaborate on Large-Scale Biofuel Project
SE >> 3/15/2017 - Preem and Vattenfall have concluded an agreement to investigate the potential of using climate-smart hydrogen gas in the large scale production of biofuel for the Swedish market. Preem's objective is ...
Wood Group Begins Second Site Work Phase for New Sofidel Paper Products Facility
US >> 3/8/2017 - Wood Group has begun the second of two site construction services contracts to support development of a new tissue production site for Sofidel in Central Ohio. Wood Group has been subcontracted by Gra...
Ghana Mulls Doubling Capacity of Planned 2nd Oil Refinery
GH >> 3/7/2017 - The operator of Ghana’s sole oil refinery said the planned capacity of a proposed second plant could be doubled as the West African nation targets exports to neighboring countries. Tema Oil Refinery w...
China's CEFC Courts 'Teapots' For First Domestic Refinery Acquisition
CN >> 3/10/2017 - Privately-run conglomerate CEFC China Energy has approached several independent Chinese oil processors seeking to acquire its first domestic refinery operation, its next move towards becoming a global...
Gathering Associated Gases of AMAK
IR >> 3/9/2017 - In Khuzestan Province between Ahwaz, Ramhormoz, Shadgan and Bandar Imam Khomeini in an area of 6,000 meters square. ...
Iraq Announces Increase in Kirkuk Oil Refinery Capacity
IQ >> 3/8/2017 - Iraq has added a processing unit to the Kirkuk oil refinery, increasing the plant's capacity by 10,000 barrels per day, the oil ministry said in a statement. ...
PetroChina Dalian Refinery Exports First Australian-spec Diesel Cargo
CN >> 3/6/2017 - PetroChina's Dalian oil refinery exported on Feb. 27 a 40,000 tonne cargo of diesel fuel with that met Australian fuel quality specifications, the first shipment of its kind from China, according to a...
Gazpromneft-Aero Signs New Refueling Agreement with Flydubai
RU >> 3/6/2017 - Gazpromneft-Aero, operator of the Gazprom Neft aviation refueling business, has signed a new agreement for the refueling of international flights from Ekaterinburg to Dubai at Koltsovo International A...
Gazprom Neft Supplies of Lubricants to Central Asia up By One Third
RU >> 3/3/2017 - Gazprom Neft — operator of the Gazprom Neft lubricants business — increased supplies of G?Energy and Gazpromneft-branded lubricants to Kazakhstan, Tajikistan, the Kyrgyz Republic, Mongolia, Uzbekistan...
Gazprom Neft to Supply Innovative Bitumen Products to Sakhalin Oblast
RU >> 2/28/2017 - Gazprom Neft and the Government of the Sakhalin Oblast have concluded a cooperation agreement on supplies of bitumen materials to the region, signed by Gazprom Neft CEO Alexander Dyukov and Governor o...
Gazprom Neft Concludes Agreements with Krasnodarsky Krai & Sakhalinskaya Oblast
RU >> 2/28/2017 - Gazprom Neft has used this year’s International Investment Forum Sochi-2017 to conclude a range of agreements directed at extending the geographic range of supplies of the company’s lubricants and ens...
China's Largest 'Teapot' Refiner, CEFC Team Up In Oil Terminal Venture
CN >> 3/3/2017 - Dongming Petrochemical, China's largest independent or 'teapot' refiner, has signed a deal with privately run CEFC China Energy and a local port authority to build a crude oil terminal in Shandong pro...
Bitumen Facilities Modernized at Omsk Refinery
RU >> 3/1/2017 - The final stage of the reconstruction of bitumen production facilities at the Gazprom Neft Omsk Refinery has now begun. Thanks to extensive modernisation the facility will significantly reduce its env...
Refinery Operations - February 2017
Refinery Operations - February 2017 AT >> 3/2/2017 - Refinery utilisation in the US averaged around 90% in January, corresponding to 16.4 mb/d, around 160 tb/d lower than the previous month and around 300 tb/d higher than the same month a year ago, as t...
Iran to Start Crude Oil Export to Russia Soon
IR >> 2/28/2017 - Iran will begin exporting 100,000b/d of crude oil to Russia within the next two week, Iranian Minister of Petroleum Bijan Zangeneh said. ...
India's Reliance Buys Naphtha to Feed Growing Domestic Demand
IN >> 2/28/2017 - India's Reliance Industries has bought between 60,000 and 90,000 tonnes of heavy full-range naphtha for March arrival to plug a supply gap due to its growing petrochemical capacity, industry sources w...
First Loading of Pellets of JSC Bionet
RU >> 2/27/2017 - On February, 27 first commercial shipment of industrial fuel pellets have been dispatched by Bionet (part of Gazprombank Group). ...
Malaysia's Petronas, Saudi Aramco to Sign Agreement during Saudi King's Visit
MY >> 2/24/2017 - Malaysia's state-owned oil firm Petroliam Nasional Bhd (Petronas) and Saudi Aramco IPO-ARMO.SE will sign an agreement during a visit by Saudi Arabia's King Salman to Malaysia, Prime Minister Najib Raz...
Iraq Ministry of Oil Declares a New Investment Refinery in Basra
IQ >> 2/23/2017 - The ministry of oil would like to announce for the offering of a new investment refinery in Basra province – Faw city with a capability of 300 thousand barrels/ day and capable of being extended to pr...
Qatari Al-Shaheen Crude Loading Delays Seen in Feb-March 2017
QA >> 2/24/2017 - Supply disruptions at Qatar's largest offshore oilfield al-Shaheen are expected to last until April as at least three lifters have been notified of loading delays in February and March, three trade so...
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 ...

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