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Refining


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...
AESA Launches Loma Campana Oil Treatment Plant
AR >> 1/9/2017 - The construction and start-up project led by AESA included detailed engineering, logistics and provision of supplies, equipment manufacturing, electromechanical construction and assembly, pre-commissi...
Iraq is Keen to Succeed the Agreement of OPEC to Cut Production
IQ >> 1/16/2017 - The work sheet which was presented by Mr. Jabbar A. Allibi the minister of oil during the annual energy forum in Abu-Dhabi, took a considerable attention by the economic entities and the concerned aut...
IOG Signs MoU for Acquisition of SNS Pipeline
UK >> 1/16/2017 - Independent Oil and Gas plc (IOG), the development and production focused Oil and Gas Company, has signed a Memorandum of Understanding (MOU) regarding the 100% acquisition of a currently disused pipe...
Saudi Aramco Extends SNC-Lavalin's GES+ Contract
SA >> 1/12/2017 - SNC-Lavalin Fayez Engineering (SLFE), an engineering consultancy partnership between SNC-Lavalin and Dr. Zuhair Fayez, has been awarded a five-year extension to its existing General Engineering Servic...
LyondellBasell Donation to Provide Specialized Training for Six Houston-Area Fire Departments
US >> 1/13/2017 - LyondellBasell (LYB), one of the world's largest plastics, chemical and refining companies, announced a donation of $100,000 to fund specialized emergency training for six Houston-area fire department...
OMV Closed the Divestment of OMV (U.K.) Limited
UK >> 1/13/2017 - OMV, the international integrated oil and gas company based in Vienna, closed the sale of 100% of the shares in its wholly owned subsidiary OMV (U.K.) Limited to Siccar Point Energy Limited, Aberdeen,...
Petrobras to Invest $19B in 2017
BR >> 1/11/2017 - Petroleo Brasileiro SA expects to spend $19 billion in exploration, production and refining projects this year, above last year's, signaling that efforts to reduce debt and preserve cash are helping B...
China's CNPC Forecasts Record Oil Demand, Warns On Product Glut
CN >> 1/12/2017 - China's crude oil demand will grow by 3.4 percent this year to a record of almost 12 million barrels per day (bpd), the country's top state-owned oil producer forecast on Thursday, as refiners in the ...
Rosneft Strengthens Cooperation with China
RU >> 1/9/2017 - Rosneft and CNPC signed an amendment to the agreement envisaging additional supplies via Kazakhstan and the prolongation of the contract signed on 21.06.2013 till 31.12.2023. Deliveries from 01.01.201...
Shell Battles Nigerian Communities in High-stakes London Lawsuit
NG >> 1/6/2017 - A court in London will decide in coming weeks whether Royal Dutch Shell can face trial in the UK over oil spill allegations in Nigeria, a decision some legal experts predict could attract more cases a...
Downturn in Oil & Gas Drilling Could Be Coming to an End
US >> 1/6/2017 - API announced today that estimated total wells drilled and completed in the fourth quarter of 2016 decreased 8.8 percent compared to the third quarter of 2016. This decrease is a drastic improvement f...
Fluor Awarded EPC Contract for Refinery Project in Chile
Fluor Awarded EPC Contract for Refinery Project in Chile CL >> 1/4/2017 - Fluor Corporation (FLR) announced that it was awarded a contract by Empresa Nacional del Petroleo (ENAP) for the engineering, procurement and construction of a new process unit at its Biobio refinery ...
Air Liquide Operates the World’s Largest Hydrogen Storage Facility
US >> 1/3/2017 - Air Liquide has recently commissioned the largest hydrogen storage facility in the world, an underground cavern in Beaumont, Texas, in the Gulf Coast region of the U.S. This unique hydrogen storage ca...
Technip & Venezuelan Firms Will Refurbish Aruba Refinery
VE >> 12/29/2016 - A consortium formed by France's Technip and Venezuela's Tecnoconsult and Y&V Group was picked to refurbish Aruba's 225,000-barrel-per day refinery, the Caribbean island's government said. ...
Rosneft Raises Exposure to Germany's Oil Refining After BP Deal
DE >> 12/29/2016 - Russia's largest oil producer and its shareholder BP have completed dissolution of Ruhr Oel, their refining joint venture in Germany, Rosneft said on Thursday. ...
Lukoil Commissions Diesel HDA Block at Perm Refinery
RU >> 12/23/2016 - LUKOIL has successfully completed reconstruction of the diesel fuel hydrodearomatization block of the hydrocracker at Perm Refinery, accommodating it for hydrodewaxing. This modernization will allow t...
Qatargas Announces the Commercial Start-up of Laffan Refinery 2
QA >> 12/24/2016 - Qatargas announced the commercial start-up of Laffan Refinery 2, marking a major milestone in the expansion of refining capacity in the State of Qatar. The project will refine 146,000 barrels per day ...
CGI to Enter Crushing and Refining Business of High-Value Added Edible Oil
US >> 12/26/2016 - Columbia Grain Inc. (“CGI”), a 100% owned subsidiary of Marubeni Corporation (“Marubeni”), is pleased to announce that it has entered into a LLC membership purchase and sale agreement for purchasing a...
Refinery Operations – December 2016
Refinery Operations – December 2016 AT >> 12/26/2016 - Following the peak of the global refinery maintenance season, which had more than 6 mb/d of capacity off-line in October, throughputs have been on the rise during November. Refinery utilization in the...
China's Sinopec Starts Construction of Zhanjiang Refinery
CN >> 12/21/2016 - China's Sinopec Group has begun construction of a long-planned refinery and petrochemical complex in the southern city of Zhanjiang, the company said on its website on Wednesday. ...
Gazprom Neft & Yokogawa Sign Agreement On Establishing International Innovation Centre
RU >> 12/16/2016 - Gazprom Neft CEO Alexander Dyukov and President of Yokogawa Electric Corporation Takashi Nishijima have signed an agreement on the establishment of an international innovation centre for automation in...
CNOOC Will Start New Huizhou Refinery in Q2 of 2017
CN >> 12/14/2016 - China National Offshore Oil Corp, or CNOOC, is expected to start operating a new refinery in southern China in the second quarter of 2017, with Saudi Arabia as the potential crude supplier, three sour...
Product Markets and Refinery Operations - December 2016
AT >> 12/14/2016 - Product markets showed a mixed performance in the Atlantic Basin during November. Refining margins got some support from the positive performance at the bottom of the barrel on the back of a tightenin...
CNOOC Will Start New Huizhou Refinery in Q2 o 2017
CN >> 12/14/2016 - China National Offshore Oil Corp, or CNOOC, is expected to start operating a new refinery in southern China in the second quarter of 2017, with Saudi Arabia as the potential crude supplier, three sour...
Bahrain's Bapco Gets Bids for $5B Refinery Expansion
BH >> 12/9/2016 - Bahrain Petroleum Company (Bapco) has received bids from international construction companies to expand its Sitra oil refinery, industry sources said. It aims to boost the processing capacity of the G...
US Market and Refinery Operations - November 2016
US Market and Refinery Operations - November 2016 US >> 12/5/2016 - US gasoline demand stood at around 9.1 mb/d in October, approximately 240 tb/d lower than in the previous month and more than 150 tb/d lower than in the same month a year earlier. ...
No Output Change at Eni's Sannazzaro Refinery After Fire
IT >> 12/2/2016 - Output at Eni's Sannazzaro refinery in northern Italy have not been affected by a fire that broke out there on Thursday, an Eni spokesman told Reuters on Friday. ...
Socar Trading Expands Crude Team to Target Chinese Refiners
AZ >> 11/30/2016 - Azeri state oil company Socar's trading division has hired three new crude traders who will be based in London with a view to targeting the Chinese market, its chief executive told Reuters on Tuesday....
Refinery Operations - November 2016
Refinery Operations - November 2016 US >> 11/28/2016 - Refinery utilization in the US averaged around 86% in October, corresponding to 15.5 mb/d, falling sharply by around 1 mb/d versus the previous month, though achieving a level similar to that of the s...
Venezuela Refinery Network Operating at Roughly a Third
VE >> 11/23/2016 - Oil-rich Venezuela's refinery network was operating at about a third of capacity, according to union sources and workers, as state oil company PDVSA struggles with equipment issues after years of unde...
Indian Oil Plans $5.5 Bln Expansion of Refinery Co-owned by Iran
IR >> 11/23/2016 - An Indian Oil Corp unit plans to invest $5.5 billion to gradually raise the capacity of its smallest refinery co-owned by Iran to 300,000 barrels per day (bpd), its chairman said, to help meet a surge...
Installation of the Large-Scale Equipment at the TANECO Complex
RU >> 11/23/2016 - Erection of CDU/VDU-6 installation’s preflash and atmospheric towers into the design position was carried out at the TANECO Complex. ...
Uganda Names Sinopec among Firms Interested in Refinery
UG >> 11/22/2016 - Oil firms including China's Sinopec have expressed an interest in developing Uganda's planned oil refinery and an investor for the project will be selected by February 2017, a top government official ...
Gazprom Neft Moscow Refinery Begins Installation of Equipment for Euro+ Unit
RU >> 11/1/2016 - Installation of major equipment for a modern Euro+ combined oil refining unit (Euro+ CORU) at the Gazprom Neft Moscow Refinery has now begun. Two hydro-treatment reactors and an iso-dewaxing unit, pro...
Albanian Refinery Fire Kills One & Flames Put Out
AL >> 11/11/2016 - An explosion at an Albanian-U.S.-owned refinery in the southern area of Ballsh overnight killed one person and wounded seven others, causing an enormous fire that was put out. ...
Product Markets and Refinery Operations - November 2016
AT >> 11/11/2016 - Product markets in the Atlantic Basin continued strengthening during October on the back of positive performance at the middle of the barrel as stronger demand and falling inventories allowed gasoil...
Oman Oil Signed MoU with KPC to Invest in Duqm Refinery
Oman Oil Signed MoU with KPC to Invest in Duqm Refinery OM >> 11/9/2016 - Oman Oil Company S.A.O.C. (OOC), the Sultanates investment arm in the energy and energy related sectors, and Kuwait Petroleum International Ltd (KPI), the international subsidiary of Kuwait Petroleum ...
Refinery Modernization Is a Must
IR >> 11/7/2016 - Managing Director of National Iranian Oil Products Distribution and Refining Company (NIOPDRC) Abbas Kazemi says modernization of refineries is a necessity for the country. ...
Uganda Refinery in Talks with New Potential Lead Investors
UG >> 11/1/2016 - Talks to build an oil refinery in Uganda with a consortium led by Korea's SK Engineering have collapsed but the East African nation still hopes to find a lead investor for the project by year end, an ...

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