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Asian Product Market - November 2017
Asian Product Market - November 2017 IN >> 12/12/2017 - Asian product crack spreads in October are on a gradual downward trend, despite solid regional demand and some support from naphtha and ongoing refinery maintenance work offset by supply side pressure...
Fire Extinguished at Shell Refinery-Petchem Plant
SG >> 12/11/2017 - Royal Dutch Shell said a fire at its Singapore refinery-petrochemical site was extinguished on Sunday and no one was hurt in the incident. The fire occurred at one of its manufacturing units on Bukom ...
Exxon Merging Oil Refining & Marketing Units
US >> 12/1/2017 - Exxon Mobil Corp is merging its refining and marketing divisions to boost profits from its downstream businesses, the first major restructuring under Chief Executive Darren Woods. ...
Three Dead After Suspected Gas Leak At PetroChina Refinery
CN >> 11/20/2017 - Three workers were killed and six others injured during a suspected gas leak at a PetroChina-operated refinery in Dalian on Saturday evening, state media said on Monday. The men working for Henan Yanl...
Saudi Aramco Converts Jeddah Refinery to Products Distribution Hub
SA >> 11/19/2017 - Saudi Aramco has shut down its 80,000 barrel per day crude oil refinery in Jeddah indefinitely, converting the complex into a hub for oil products distribution, it said. Aramco has been considering wh...
The Middle East Catalyst Community to Gather in Bahrain
BH >> 11/21/2017 - On 6-7 December in Bahrain, the Middle East catalyst community will come together at Euro Petroleum Consultants’ ME-CAT – Middle East Catalyst Technology Conference, to network and share insights on h...
Bunker Fuel Regulations a Central Topic at Bottom of the Barrel Technology Conference Bahrain
BH >> 11/16/2017 - With the deadline looming for the implementation of the bunker fuel regulations in 2020, it is not surprising that this will be the dominating subject for discussion at Euro Petroleum Consultants’ upc...
Initial Negotiations with Saudi's Aramco to Refine Oil in Egypt
Initial Negotiations with Saudi's Aramco to Refine Oil in Egypt EG >> 11/14/2017 - Egyptian Oil Minister Tarek El Molla said initial negotiations have taken place with Saudi Arabian state oil company Aramco to refine oil in Egypt. ...
Refinery Margins - November 2017
Refinery Margins - November 2017 AT >> 11/15/2017 - US product markets received very strong support in the previous months on the back of significantly higher US gasoline demand. However, with the end of the driving season in the US, the typical season...
Honeywell UOP Providing Hydrotreating Catalysts For ENAP Refinery in Chile
CL >> 11/14/2017 - Honeywell (HON) announced that Empresa Nacional del Petroleo (ENAP) has begun using Honeywell UOP’s HYT-6219 Unity hydrotreating catalyst in conjunction with Unity hydrocracking catalysts to produce c...
Product Markets and Refinery Operations - November 2017
AT >> 11/13/2017 - Product markets in the Atlantic Basin weakened during October due to a decline in gasoline demand following the end of the US driving season. Nevertheless, the US saw solid product demand for this ti...
Alexander Khloponin Launches the Construction of Biological Treatment Facilities at Omsk Refinery
RU >> 11/8/2017 - Alexander Khloponin (Deputy Prime Minister of the Russian Federation) and Sergey Donskoy (Minister for Natural Resources and the Environment) have been given insights into environmental initiatives be...
Refinery operations - October 2017
Refinery operations - October 2017 AT >> 11/5/2017 - In the US, refinery throughput took a plunge, as US Gulf Coast (USGC) refinery utilization rates decreased due to shut downs caused by Hurricane Harvey, as well as planned maintenance, which led to re...
Successful Start-up at Huizhou Refinery Phase II Project
CN >> 10/20/2017 - Chevron Lummus Global (CLG), a joint venture between Chevron U.S.A. Inc. and CB&I, recently announced the successful start-up of a vacuum residue upgrading plant using CLG Vacuum Residue Desulfurizati...
Kuwait's Al Arfaj Group Plans 600,000 bpd Oil Refinery in India
IN >> 10/24/2017 - Kuwait’s Al Arfaj Group plans to build a 600,000 barrels per day oil refinery and a 10 million tonnes a year liquefied natural gas (LNG) terminal in the Indian coastal state of Andhra Pradesh, the sta...
Gazprom Neft Begins Construction of A Deep Conversion Complex at The Pan?evo Refinery
RU >> 10/23/2017 - NIS (Naftna Industrija Srbije, 56-percent owned by Gazprom Neft), has begun the construction of a new deep conversion complex (DCC) involving delayed coking technology at its Pancevo Refinery, Serbia....
European Product Market - October 2017
European Product Market - October 2017 AT >> 10/22/2017 - Product markets in Europe performed slightly better compared with last year, supported by higher demand for gasoline and middle distillates as well as arbitrage opportunities to the US in the aftermat...
Total, Saudi Aramco Discussing JV Refinery Expansion
SA >> 10/18/2017 - Total is in talks with Saudi Aramco to expand their Saudi joint venture refinery by more than 10 percent, the chief executive of the French energy company said. Capacity at their Saudi Arabia Total Re...
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...
Hanwha Total Petrochemical Invests to Expand Its Polymer Production
KR >> 12/11/2017 - Total Petrochemical, a 50/50 joint venture between Hanwha and Total, will invest more than $300 Million to expand its integrated refining & petrochemicals platform located in Daesan, South Korea. The ...
Gazprom Neft Supporting Ntv Project “Oil: From Well To Pump – Myths And Realities”
RU >> 12/8/2017 - Gazprom Neft has been supporting TV channel NTV in producing a documentary film “Oil: from Well to Pump — Myths and Realities”, with the company giving the channel’s film crew unprecedented access to ...
New Spectrum 2D Multi-Client Survey to Define Hydrocarbon Potential Offshore Mozambique
MZ >> 12/8/2017 - Spectrum announces the commencement of a 2D seismic survey offshore Mozambique on behalf of the Institute of National Petroleum (INP) and in anticipation of future license rounds. ...
Vietnam Signs Crude Oil Supply Deals With SOCAR, Glencore
VN >> 12/8/2017 - Vietnam's state-run Binh Son Refining and Petrochemical Co (BSR) and state oil marketer PV Oil have signed non-binding term agreements with two western trading companies to buy crude, BSR officials sa...
Lukoil & Volgograd Region Sign Cooperation Agreement for 2018 - 2022
RU >> 11/28/2017 - President of LUKOIL Vagit Alekperov and Governor of Volgograd Region Andrey Bocharov signed a Social and Economic Cooperation Agreement for 2018 – 2022, in Volgograd today. ...
OPEC Reference Basket - November 2017
OPEC Reference Basket - November 2017 AT >> 12/10/2017 - Amid continuing bullish oil market fundamentals, the ORB monthly value firmed above $55.50/b in October to its highest in almost two-and-a-half years. Throughout the month, prices have been bolstered ...
10 Oil/Gas Fields Up for Development
IR >> 11/29/2017 - Signature of contracts for the development of 10 oil and gas fields is a top priority of Iran"s Ministry of Petroleum. This issue was highlighted by senior Iranian officials at the closing ceremony of...
TechnipFMC Awarded Bapco Sitra Refinery Expansion in Bahrain
BH >> 12/4/2017 - TechnipFMC announced that, jointly with Samsung Engineering and Tecnicas Reunidas, it has been awarded a $4.2 billion USD contract from Bahrain Petroleum Company (Bapco) for the Bapco Modernization Pr...
Eni Becomes Operator of Cabinda North
AO >> 11/27/2017 - Eni’s CEO Claudio Descalzi and Sonangol’s Chairman of the Board of Directors Carlos Saturnino signed today an agreement that assigns operatorship of Cabinda North block to Eni, as well as 48% the bloc...
Rosneft & Pertamina Set Up a JV for the Development of TGRR Project
ID >> 11/28/2017 - Rosneft and Indonesian state-owned oil and gas company Pertamina completed the establishment of the joint venture for the development of Tuban grass root refinery and petrochemical complex (TGRR) in T...

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