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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...
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...
NIS Board of Directors Appoints Kirill Tyurdenev CEO of Serbia’s NIS
RU >> 3/24/2017 - The Board of Directors of NIS a.d. Novy Sad has taken the decision to appoint Kirill Tyurdenev (previously First Deputy CEO for Refining, Sales and Distribution) CEO of NIS. The company’s current CEO,...
API Welcomes Repeal of Uncertain, Harmful ONRR Valuation Rule
US >> 3/24/2017 - API Upstream and Industry Operations Group Director Erik Milito welcomed the Interior Department’s Office of Natural Resources Revenue (ONRR) plan to repeal its regulation on valuing royalties from oi...
API's Gerard Welcomes Federal Approval of Keystone XL Pipeline
US >> 3/24/2017 - API President and CEO Jack Gerard welcomed the State Department’s approval of the cross-border permit needed for the advancement of the Keystone XL pipeline. ...
Petroleum Demand Last Month Highest for February since 2008
US >> 3/23/2017 - Total petroleum deliveries in February moved up 0.1 percent from February 2016 to average 19.7 million barrels per day. These were the highest February deliveries in nine years, since 2008. Compared w...
Glavgosekspertiza Approves Construction of New Wastewater Treatment Facilities at Omsk Refinery
RU >> 3/7/2017 - A project for the construction of cutting-edge wastewater treatment facilities at Gazprom Neft’s Omsk Refinery has been approved by Glavgosekspertiza of Russia. The construction of new closed wastewat...
China's SASAC, Saudi Aramco Discuss Oil, Engineering Cooperation
SA >> 3/22/2017 - A top official of China's state assets regulator met with Saudi Aramco's chief executive last week for discussions over cooperations in the oil, engineering and power sectors, according to a statement...
Indian Refinery to Use Honeywell UOP Technology
IN >> 3/21/2017 - Honeywell announced that Hindustan Petroleum Corporation Limited (HPCL) is using technologies from Honeywell UOP for the expansion and modernization of its refinery at Visakhapatnam in Andhra Pradesh ...
Wantong Petrochemical Is First To Use Honeywell Hydrotreating Catalyst
NO >> 3/20/2017 - Honeywell (HON) announced that Wantong Petrochemical Group is producing ultra-low sulfur diesel fuel using Honeywell UOP’s new high-activity HYT-6219 hydrotreating catalyst. ...
Shandong Yuhuang Shengshi Chemical Selects LyondellBasell Hostalen ACP PE Technology
CN >> 3/13/2017 - LyondellBasell (LYB) announced Shandong Yuhuang Shengshi Chemical Inc. Ltd, has selected the LyondellBasell Hostalen ACP polyethylene process technology for a 200 KTA high density polyethylene (HDPE) ...
Russia to Add More Gasoline Refining Capacity in 2017
RU >> 3/17/2017 - Five Russian refineries are expected to finish upgrades of their gasoline production units this year, with the new capacity potentially allowing Russia to boost exports of high-octane gasoline, accord...
Saudis Study $65 Billion in China Investments During King's Trip
CN >> 3/16/2017 - Saudi Arabian Oil Co. may deepen investment in China’s oil industry as part of $65 billion worth of potential deals signed between the two countries in everything from energy to manufacturing and a th...
CPECC & Sunshine Oilsands Sign MoU for West Ells Phase II Project Expansion
CA >> 3/19/2017 - Sunshine Oilsands Ltd. and China Petroleum Engineering & Construction Corporation (CPECC) have signed a Memorandum of Understanding (MOU) in relation to the West Ells Phase II (Phase II) project expan...
CNPC & Sichuan Government Sign Strategic Cooperation Agreement
CN >> 3/17/2017 - CNPC signed a strategic cooperation agreement with Sichuan provincial government in Beijing. Under the agreement, CNPC and Sichuan Government will jointly promote the company's business in Sichuan, co...

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