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Refining


LyondellBasell Begins Construction of Hyperzone PE Plant at its La Porte Complex
US >> 5/15/2017 - LyondellBasell (LYB), one of the world's largest plastics, chemicals and refining companies, has broken ground on the first commercial Hyperzone polyethylene (PE) plant at its La Porte, Texas, complex...
Quay Construction for Kuwait-China Refinery Complex Underway
CN >> 5/17/2017 - The construction of a quay for a Kuwait-China refinery and petrochemical project in south China's Guangdong Province is scheduled to complete in September, the state-run China Daily reported. ...
China's Norinco & Saudi Aramco Line Up $10B Refinery Plan
CN >> 5/16/2017 - Chinese defence conglomerate China North Industries Group Corp (Norinco) has signed a framework agreement with state-run oil company Saudi Aramco to build a refinery and chemicals complex in northeast...
Refinery Margins - May 2017
Refinery Margins - May 2017 AT >> 5/15/2017 - The US market saw strong support from the rally in gasoline crack spreads. This was on the back of increasing domestic gasoline demand, which recovered following a slump during 1Q17. Another supporti...
Product Markets and Refinery Operations - May 2017
AT >> 5/11/2017 - Product markets in the Atlantic Basin strengthened during April. This was supported by firmer domestic demand, amid higher export opportunities, which along with lower inflows due to heavy refinery ...
Major Equipment for New Euro+ Catalytic-Cracking Facility at Moscow Refinery Now Installed
RU >> 5/4/2017 - Installation of a key element for the Euro+ combined oil refining unit (Euro+ CORU) at the Gazprom Neft Moscow Refinery is now complete. The installed reforming column — part of the secondary oil refi...
Refinery Operations - April 2017
Refinery Operations - April 2017 AT >> 5/2/2017 - The refinery utilisation rate in the US averaged around 87% during March, corresponding to 15.9 mb/d. This represented an increase of around 300 tb/d above the previous month and was around 100 tb/d l...
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 ...
Oman Oil Co to Divest Stake in Fuel Giant CLH
OM >> 5/20/2017 - An international investment fund says it has agreed a deal to acquire state-owned energy investment firm Oman Oil Company’s 10 per cent stake in Compania Logistica de Hidrocarburos (CLH), which owns a...
ExxonMobil and SABIC Sign Agreement for Proposed U.S. Petrochemical Project
US >> 5/20/2017 - Affiliates of Exxon Mobil Corporation and SABIC (Saudi Basic Industries Corporation) signed an agreement to conduct a detailed study of the proposed Gulf Coast Growth Ventures project in Texas and beg...
Yokogawa Wins Order to Supply Analyzer House for Malaysia's RAPID Project
JP >> 5/12/2017 - Yokogawa Electric Corporation announces that its subsidiary, Yokogawa Kontrol (Malaysia), has won an order to supply process analysis system integration (SI) services and advanced solutions for the oi...
Essar’s Four-Month Oil Imports from Iran Rise 8%
IR >> 5/21/2017 - Iran’s key Indian client, Essar Oil received about eight percent more oil from Iran in the first four months of this year which recorded about 150,700 bpd, according to tanker arrival data obtained fr...
Rosneft Eyes Joint Oil Supplies to Egypt with Italy's Eni
Rosneft Eyes Joint Oil Supplies to Egypt with Italy's Eni EG >> 5/17/2017 - Russia's largest oil producer Rosneft and Italian energy company Eni have signed an agreement to broaden cooperation, including in possible joint oil product supplies to Egypt, Rosneft said on Wednesd...
Saudi Aramco to Set up New Chemicals Unit
SA >> 5/17/2017 - Saudi Aramco plans to set up a new chemicals subsidiary, the company said in its official magazine, The Arabian Sun. "The Board... approved the creation of a new subsidiary to conduct the company's ch...

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