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Refining


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...
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...
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. ...
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. ...
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. ...
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...
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...
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...
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. ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 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...
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...
2nd SOCAR International Caspian & Central Asia Downstream Forum
AZ >> 4/25/2017 - The 2nd SOCAR International Caspian and Central Asia Downstream Forum - Trading, Logistics, Refining, Petrochemicals commemorating the National Leader of Azerbaijan Heydar Aliyev’s 94th anniversary st...
Pakistan’s PARCO to Produce Cleaner-Burning Transportation Fuels Using Honeywell Technologies
PK >> 4/13/2017 - Honeywell (HON) announced that Pak-Arab Refinery Limited (PARCO) will use technologies from Honeywell UOP and Honeywell Process Solutions to upgrade its Mid-Country Refinery near Multan, Pakistan, ena...
Shell Opens Treatment Plant in Argentina Shale Play
AR >> 4/18/2017 - Royal Dutch Shell PLC inaugurated a treatment plant for shale oil and gas in Argentina's Vaca Muerta shale play, one of the world's largest. ...

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