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Refining


Omsk Refinery Begins Production of Environmentally Friendly Marine Fuels
RU >> 10/12/2017 - The first batch of a new improved environmentally friendly marine fuel* has been produced at the Omsk Refinery. The fuel’s minimum sulphur content —of no more than 0.1 percent — means the product is s...
Product Markets and Refinery Operations - October 2017
AT >> 10/11/2017 - Product markets in the Atlantic Basin improved further in September at the top of the barrel on the back of higher gasoline demand. The middle distillate market continued to improve globally on the b...
Rosneft to Develop Cooperation with Cuba
CU >> 10/7/2017 - Rosneft Chief Executive Officer Igor Sechin held a working meeting with Minister of Energy and Mines of the Republic of Cuba Alfredo Lopez and Ambassador Extraordinary and Plenipotentiary of the Repub...
Aramco Partners with Petronas to Enhance Projects in Malaysia
MY >> 10/2/2017 - Saudi Aramco has entered into a strategic partnership with Petronas Chemicals Group Berhad (PCG) to enhance the value and competitive positioning of its petrochemicals projects within the PETRONAS Pen...
Refinery Operations - September 2017
Refinery Operations - September 2017 AT >> 10/2/2017 - Refinery utilization in the US recorded historical levels in August, despite plummeting towards the end of the month as Hurricane Harvey started to make landfall, shutting down considerable refining c...
Iran to Launch $1b Refinery in Syria
SY >> 9/26/2017 - Iran's Research Center of Petroleum Industry (RIPI) is to launch a refinery in Syria, a RIPI official said. Addressing a press conference on the center's latest activities and achievements, Deputy RIP...
China's Crude Refinery Output Rebounds In Aug On New Quotas
CN >> 9/14/2017 - Chinese refineries processed 6.5 percent more crude oil in August than a year earlier at 47.12 million tonnes, or about 11.1 million barrels per day, data from the National Bureau of Statistics showed...
Iraq Ministry of Oil Declares the Restart of Hadeetha Refinery
Iraq Ministry of Oil Declares the Restart of Hadeetha Refinery IQ >> 9/25/2017 - Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil declared the restart of Hadeetha Refinery with a production capacity of (10) thousand barrels/ day by depending on the national efforts. ...
Baytown & Beaumont Refineries Begin Fuels Production
US >> 9/21/2017 - ExxonMobil said that its Baytown and Beaumont refineries have begun producing fuels at reduced rates and that crude oil and refined product pipelines in the Gulf and other regions of Texas have restar...
In-line Gasoline Blending Station Modernization Project for Oil Refinery in Russia
RU >> 9/17/2017 - Production of motor fuels is executed by means of blending (compounding) of different components and octane-increasing additives in special blenders according to pre-developed receipt. The feed strea...
Asian Product Market - September 2017
Asian Product Market - September 2017 OM >> 9/13/2017 - The Asian market continued its upward trend in August, and was also affected by disruption of supply from the USGC, resulting in growth in all product crack spreads, with the exception of fuel oil, w...
Product Markets and Refinery Operations - September 2017
AT >> 9/12/2017 - Refinery margins in the Atlantic Basin strengthened in August. In the US, margins rose amid a product supply shortage in the wake of Hurricane Harvey, coupled with already firm domestic demand promot...
Carbon Holdings to Start Building Tahrir Petrochemicals Project by June
Carbon Holdings to Start Building Tahrir Petrochemicals Project by June EG >> 8/25/2017 - Egypt’s Carbon Holdings aims to finalize funding and start building its massive Tahrir petrochemicals project by June, producing raw materials desperately needed to boost the country’s industrial sect...
Saudi Aramco To Sign China's Yunnan Refinery Deal In 6 Months
CN >> 8/23/2017 - Saudi Aramco is expected to sign a final deal with PetroChina, China's second-largest state-run refiner, within six months to invest in its Yunnan refinery, Saudi Arabia's Energy Minister Khalid al-Fa...
Bapco to Meet Technip-led Consortium for Talks on Refinery Expansion
BH >> 8/22/2017 - State-run Bahrain Petroleum Co (Bapco) will meet a consortium led by France's Technip for further talks over the planned expansion of Bahrain's only oil refinery, sources close to the matter told Reut...
Korean Firm Inks HOA for Upgrade Deal with TRC
IR >> 8/6/2017 - South Korea’s SK Engineering and Construction Co. (SKEC) signed a heads of agreement on Saturday for a 1.6 billion euro upgrade of the Tabriz refinery in northwest Iran.
Fire Put Out at Major PetroChina Refinery In Dalian
CN >> 8/18/2017 - A fire that broke out on Thursday at state oil major PetroChina's plant in northeastern China, one of the country's largest refineries, has been put out with no reported casualties, state media report...
ALSF Weighs in on Uganda’s Oil Refinery Project
UG >> 8/18/2017 - In late July, Uganda chose a consortium, including General Electric Co., to build and operate a crude oil refinery, which will eventually process oil from fields being developed by Total SA and Tullow...
Forte Oil in Talks on Refinery Deal to Boost Capacity
NG >> 8/5/2017 - Nigeria's Forte Oil said it was in talks with a major refinery to form a strategic partnership for local refining of petroleum products in Africa's top oil exporter, its chief executive said. Nigeria ...
Uganda Picks GE for Group to Develop Oil Refinery Project
UG >> 8/7/2017 - Uganda chose a group including General Electric Co. to build and operate a 60,000-barrel-a-day refinery that will process crude from fields being developed by Total SA and Tullow Oil Plc. ...
Natref Refinery to Reach Full Output after Disruption
ZA >> 8/4/2017 - South Africa's 108,000 barrel-a-day Natref refinery, operated by Sasol and Total will reach full output this weekend after an explosion and power cuts the last three months, a spokesman said. ...
Husky Agrees to Acquire US Midwest Refinery
US >> 8/14/2017 - Husky Energy has entered into definitive agreements to acquire the Superior Refinery, a 50,000 barrel per day permitted capacity facility located in Superior, Wisconsin from Calumet Specialty Products...
Refinery Margins - August 2017
Refinery Margins - August 2017 AT >> 8/15/2017 - US product crack spreads improved during July despite higher WTI prices m-o-m. Total gasoline demand continued to increase to reach around 9.7 mb/d, based on preliminary weekly data, to the highest l...
Product Markets and Refinery Operations - August 2017
AT >> 8/10/2017 - Refinery margins in the Atlantic Basin saw mixed movement in July, while US margins recorded solid gains as crack spreads for all products increased due to healthy domestic demand. Margins in Europe ...
Korean Firm Inks HOA for Upgrade Deal with TRC
IR >> 8/6/2017 - South Korea’s SK Engineering and Construction Co. (SKEC) signed a heads of agreement on Saturday for a 1.6 billion euro upgrade of the Tabriz refinery in northwest Iran. ...
Refinery Operations - July 2017
Refinery Operations - July 2017 AT >> 7/31/2017 - The refinery utilization rate in the US averaged almost 93% in June, corresponding to 17.1 mb/d. This represents a slight drop of 37 tb/d from the previous month but a hike of around 650 tb/d from the...
Gazprom Neft Modernises Bitumen Facility at the Omsk Refinery
RU >> 7/27/2017 - A comprehensive upgrade of the bitumen facility at the Gazprom Neft Omsk Refinery has now been completed, allowing an expansion in the product range of bitumen binders, as well as improving the energy...
Gazprom Neft Building New Delayed Coking Unit at Omsk Refinery
RU >> 7/25/2017 - Construction of a delayed coking unit (DCU) has now begun at Gazprom Neft’s Omsk Refinery.* Annual raw material consumption at the complex will be two million tonnes. The CDU is set to become one of t...
Large-Capacity Equipment for the Hydrocracking Facility Delivered to the Novokuibyshevsk Refinery
RU >> 7/12/2017 - A unique operation of the large-size equipment transportation to the Novokuibyshevsk Refinery is completed. Nine columns for the under-construction hydrocracking facility and a regeneration unit for m...
Product Markets and Refinery Operations - July 2017
AT >> 7/12/2017 - Product markets in the US weakened slightly in June on high supply offsetting the typical seasonal draw in inventory levels, despite the onset of the summer driving season. Product markets in Europe ...
Refinery Operations - June 2017
Refinery Operations - June 2017 AT >> 7/11/2017 - The refinery utilisation rate in the US averaged around 93% during May, corresponding to 17.2 mb/d. This represented an increase of more than 100 tb/d from the previous month’s level and was around 90...
Sadara Appoints Dr Faisal Al-Faqeer as New CEO
SA >> 10/9/2017 - Sadara Chemical Company (Sadara), which recently announced commercial operations of the full chemical complex in Jubail Industrial City II, has appointed Dr. Faisal Al-Faqeer of Saudi Aramco as the ne...
Jacobs Signs THIOPAQ O&G Sulfur Recovery Technology Agreement
US >> 10/11/2017 - Jacobs Engineering Group Inc. signed a sulfur recovery technology licensor agreement with Paqell, a joint venture between Shell Global Solutions and Paques BV, for use of its THIOPAQ O&G (Oil and Gas)...
Crude Oil Price Movements - October 2017
AT >> 10/11/2017 - The OPEC Reference Basket (ORB) increased by about 8% for the third consecutive month in September to reach $53.44/b, its highest value since July 2015.The ORB also ended 3Q17 higher at about $50/b, ...
Oil Market Highlights - October 2017
AT >> 10/11/2017 - Crude Oil Price Movements
The OPEC Reference Basket rose to $53.44/b in September, its highest value since July 2015. Crude futures prices also saw gains, with ICE Brent averaging above t...
Gazprom Neft Completes Construction of New “Biosphere” Water Treatment Facility At Moscow Refinery
RU >> 10/9/2017 - Gazprom Neft has begun start-up tests at its cutting-edge “Biosphere” biological water treatment complex, with Mayor of Moscow Sergei Sobyanin and Gazprom Neft CEO Alexander Dyukov visiting the new fa...
ICOFC Projects Up for Grabs by Investors
IR >> 10/9/2017 - The Iranian Central Oil Fields Company (ICOFC) has pitched a new investment package worth over $5.5b to potential investors. The package includes construction of new gas pressure stations at Kangan, H...
CNPC & Eni Sign a Cooperation Agreement
CN >> 9/18/2017 - On September 13, 2017, CNPC Chairman Wang Yilin and Eni's CEO, Claudio Descalzi held a meeting and signed cooperation agreement on behalf of the two sides. Under the agreement, the two companies will ...
Gazprom Neft Signs Memorandum of Cooperation with Saudi Aramco
SA >> 10/5/2017 - Gazprom Neft has signed a Memorandum of Cooperation with Saudi Aramco, the national oil company of Saudi Arabia, to extend their partnership in oil and gas industry. Signatories to the document were A...
Minsur Selects Jacobs to Lead Pre-Feasibility and Conceptual Studies for Tin Mine Development
US >> 10/5/2017 - Jacobs Engineering Group Inc. (JEC) has been selected by Minsur S.A., one of the world’s largest tin producers, to perform the pre-feasibility and conceptual studies for the company’s proposed tin min...

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