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Aker Solutions Wins Carbon Capture Study Contracts from Yara & Norcem
NO >> 4/26/2017 - Aker Solutions won strategically important contracts for concept studies for carbon capture at Yara's ammonia plant on Her?ya and Norcem's cement production facility in Brevik, Norway. ...
Iranian Crude Oil at $53 Per Barrel
IR >> 4/25/2017 - Iran’s crude oil traded above $53 a barrel in the week to April 14, reflecting the global confidence in a pact between OPEC and non-OPEC producers to slash supplies to boost flagging oil prices. ...
Marubeni & Chuetsu Sign MoU for Developing Application & Sales of Cellulose Nanofiber
JP >> 4/25/2017 - Marubeni Corporation (Marubeni) and Chuetsu Pulp & Paper Co., Ltd. (“Chuetsu”) have agreed to jointly develop the application and sales of cellulose nanofiber “nanoforest?” produced by Chuetsu and sig...
Sakhalin Energy Offloaded the 500th Crude Oil Cargo from the Prigorodniye Production Complex
RU >> 4/19/2017 - Sakhalin Energy loaded crude oil cargo No. 500 to the Governor Farkhutdinov tanker from Prigorodnoye Production Complex.The tanker will deliver this cargo to the Japanese Petro-Diamond company, Sakhal...
Construction of a Cutting-Edge Railcar Loading Facility Starts at Omsk Refinery
RU >> 4/20/2017 - Gazprom Neft has begun construction of an automated 1.2-million-tonnes-per-year railcar oil-products loading facility (AUTN-1) at its Omsk Refinery. The company’s total investment in this project is R...
Petronas in Deals to Boost Cooperation with Saudi Arabia
SA >> 4/23/2017 - MALAYSIA’s leading oil and gas giant, Petronas, recently sealed multiple agreements with the Kingdom of Saudi Arabia. The company inked an agreement with Saudi Arabia’s Unified Lubricants Company (ULC...
GPIC, GE Oil & Gas Sign Long-term Bilateral Deal
BH >> 4/16/2017 - The Gulf Petrochemical Industries Company (GPIC) has signed a long-term bilateral agreement with GE Oil & Gas to enhance efficiency its major plant operations and support and supervise periodic mainte...
South Azadegan Crude Output Hits 80k b/d
IR >> 4/17/2017 - Iran has brought oil recovery from South Azadegan oilfield, shared with Iraq, to 80,000 barrels per day after years that its output was stuck in the 50,000 b/d range. ...
The 5TH Edition of Oil & Gas Vietnam (OGAV) Exhibition 2017 in Vietnam
VN >> 4/19/2017 - The future of Oil & Gas technologies and machinery will be the main focus of the Oil & Gas Vietnam (OGAV) Exhibition 2017, featuring some of the influential leaders from the leading companies in Oil &...
Nigeria's Warri Oil Refinery Back Online
NG >> 4/8/2017 - Nigeria's Warri oil refinery is up and running after a period of maintenance, and operating at 60 percent of its installed capacity, a spokesman for state oil firm Nigerian National Petroleum Corporat...
Asian Product Market - March 2017
Asian Product Market - March 2017 OM >> 4/12/2017 - The Asian market got support from expectations of a more balanced market in the lead up to the onset of the regional maintenance season. This occurred amid stronger middle distillates demand fuelling ...
Product Markets and Refinery Operations - April 2017
AT >> 4/12/2017 - Product markets in the Atlantic Basin exhibited mixed performance during March, as a lack of export opportunities for gasoline amid increasing inflows of middle distillates to the region impacted the...
Nigeria Pushes to Legalize Illicit Refineries
NG >> 4/6/2017 - Nigeria aims to legalise illicit oil refineries in the turbulent Niger Delta region, the vice-president's office said, hoping to bring peace to the production heartland for the crude on which the coun...
Amec Foster Wheeler Wins Contract for Multi-Fuel CFB Designed to Burn 100% Biomass
FI >> 4/11/2017 - Amec Foster Wheeler has been awarded a contract by Lahti Energia Oy, a municipality-owned energy supplier, for the design, supply and assembly of a circulating fluidized-bed (CFB) steam generator plan...
Air Liquide to Build a €20M Nitrogen Plant for Oman’s Orpic
Air Liquide to Build a €20M Nitrogen Plant for Oman’s Orpic OM >> 4/6/2017 - Air Liquide and Oman Oil Refineries and Petroleum Industries Company (Orpic), Oman’s national refining company, recently signed a long term agreement for the supply of nitrogen to the Liwa Plastics In...
Concerning about Potential Increasing Costs of Ethanol Mandate
US >> 4/7/2017 - Today API Downstream Group Director Frank Macchiarola released a new poll showing that consumers are concerned the Renewable Fuel Standard could hurt their pocket books. ...
Crude Oil & Oil Products Export for March 2017
AZ >> 4/3/2017 - In March 2017, SOCAR has exported 244 635 tons of crude oil from Novorossiysk port, 178 703 tons from Supsa port, and 1 185 458 tons from Ceyhan port.Generally, 404 413 tons of crude oil was exported ...
China Binges on Africa Oil Like Never Before After OPEC Cuts
AO >> 4/5/2017 - China is set to import record amounts of crude oil from West Africa this month as OPEC’s supply cuts pave the way for other nations to gain a greater foothold in the fast-growing Asian market. West Af...
Iranian Crude Oil Exports Close to Record 3 Million bpd
IR >> 4/3/2017 - Total exports of crude oil and condensate averaged 2.8 million bpd in the months up to the new Iranian year (started on March 21). ...
Lukoil to Supply Oils to Avtotor Factory in Kaliningrad
RU >> 4/5/2017 - Under a contract signed with AVTOTOR Holding, LUKOIL will supply the Kaliningrad automobile factory with lubricants for the assembly-line priming of the small diesel engines of a new model range. The ...
Orpic to Promote Polymer-based Downstream Sector
OM >> 4/4/2017 - Orpic, the nation’s refining and petrochemicals flagship, has set up a dedicated unit to market the prodigious volumes of polymers that will come on stream when its $6.4 billion Liwa Plastics Industri...
Oman Oil Plans Massive Petrochem Scheme at Duqm
OM >> 4/4/2017 - Oman Oil Duqm Development Company, one of the verticals of the wholly government owned strategic investment group Oman Oil Company, has unveiled plans for the establishment of a mammoth petrochemicals...
Nigeria Oil Tanker Drivers Call off Strike after Government Pay Deal
NG >> 4/3/2017 - Nigerian oil tanker drivers ended a strike over pay and the poor condition of the roads just hours after it began on Monday, following a government intervention, ending the threat of fuel shortages de...
Bahrain's Bapco Starts Talks with Contractors on Sitra Expansion Bids
BH >> 4/3/2017 - State-run Bahrain Petroleum Co (Bapco) has started two weeks of negotiations with international contractors to clarify bids to expand the Sitra oil refinery, estimated to cost around $5 billion. ...
Iranian Crude Oil Exports Close to Record 3 Million bpd
IR >> 4/3/2017 - Total exports of crude oil and condensate averaged 2.8 million bpd in the months up to the new Iranian year (started on March 21). Iran's total exports of crude oil and gas condensate neared a record ...
Gazprom Neft Introduces Cutting-Edge Data Interchange Formats in Aviation Refueling
RU >> 3/30/2017 - Gazpromneft-Aero, operator of the Gazprom Neft aviation refuelling business, together with the International Air Transport Association (IATA), has held the first ever international conference on the s...
Iran Eyes 100 kb/d of Crude Output from Azar Oilfield
IR >> 4/3/2017 - Iranian Minister of Petroleum Bijan Zangeneh says production of crude oil from Azar Oilfield can reach 100,000 b/d once its second phase development project becomes operational. ...
Lukoil Launches New ECTO 100 Gasoline
RU >> 3/30/2017 - LUKOIL's refinery in Nizhny Novgorod commences commercial production of a unique ECTO 100 gasoline, April 1, 2017. The new product will replace ECTO Sport 98 in June of 2017, as soon as the company co...
Petroecuador Signs $95M Contracts with Alcohol Companies
EC >> 3/30/2017 - With the presence of the Minister of Hydrocarbons, Mr. Jose Icaza, the Petroecuador Public Company and the companies Consorcio Artesanal Cado, Producargo SA, Codana SA and Soderal SA, signed a USD 95 ...
Long-operating Shuaiba Refinery Shuts down in April 2017
KW >> 3/29/2017 - The long-operating Shuaiba refinery will shut down on April first after years of contributing to Kuwait's economic welfare and progress. An event will initiate the closure process. The refinery, owned...
2nd International Caspian & Central Asia Downstream Forum will be Held in April 2017
AZ >> 3/30/2017 - SOCAR 2nd International Caspian and Central Asia Downstream Forum - Trading, Logistics, Refining, Petrochemicals dedicated to 94th anniverisary of the National Leader of Azerbaijan Heydar Aliyev will ...
Oman, Kuwait to Sign Deal for Duqm Refinery
OM >> 4/1/2017 - Kuwait will sign a partnership agreement with Oman for Duqm refinery near the port in the Al Wusta region on April 10, Kuwait's oil minister said. The 230,000 barrel per day facility is part of the va...
Refinery Operations - March 2017
Refinery Operations - March 2017 AT >> 3/30/2017 - The refinery utilisation rate in the US averaged around 85% during February, corresponding to 15.6 mb/d. This represented a sharp drop of around 800 tb/d compared to the previous month and was around ...
Taiwan's CPC to Start Trial Runs at New Refining Units in May
TW >> 3/27/2017 - State-run Taiwanese refiner CPC Corp said on Monday it plans to start trial runs at new refining units located in the south of the country in May, delayed from earlier this year. ...
Gazprom Saves 15.2 million tons of Fuel Equivalent on Fuel & Energy Resources in 2011–2016
RU >> 3/28/2017 - The Gazprom Board of Directors reviewed the information concerning the measures taken by the Company to improve energy efficiency and reduce greenhouse gas emissions. ...
Liquidation of Moroccan Refinery Samir Extended
MA >> 3/23/2017 - A Moroccan court has granted an extra month for the liquidation process for Samir, the country's only oil refinery, a court-appointed trustee said on Thursday. ...
Egypt Received Two Cargoes of Diesel Fuel from Saudi Aramco
Egypt Received Two Cargoes of Diesel Fuel from Saudi Aramco EG >> 3/19/2017 - Egyptian Petroleum Minister Tarek El Molla said his country had received two cargoes of diesel fuel from Saudi Arabian state-owned oil company Aramco on Friday and Saturday. Molla was speaking at an e...
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...

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