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Asian Product Market - September 2017
Asian Product Market - September 2017 Oman >> 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
Austria >> 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 Egypt >> 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
China >> 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
Bahrain >> 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...
ALSF Weighs in on Uganda’s Oil Refinery Project
Uganda >> 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...
Fire Put Out at Major PetroChina Refinery In Dalian
China >> 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...
Refinery Margins - August 2017
Refinery Margins - August 2017 Austria >> 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...
Husky Agrees to Acquire US Midwest Refinery
United States >> 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...
Product Markets and Refinery Operations - August 2017
Austria >> 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 ...
Uganda Picks GE for Group to Develop Oil Refinery Project
Uganda >> 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. ...
Korean Firm Inks HOA for Upgrade Deal with TRC
Iran >> 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.
Korean Firm Inks HOA for Upgrade Deal with TRC
Iran >> 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. ...
Forte Oil in Talks on Refinery Deal to Boost Capacity
Nigeria >> 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 ...
Natref Refinery to Reach Full Output after Disruption
South Africa >> 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. ...
Refinery Operations - July 2017
Refinery Operations - July 2017 Austria >> 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
Russia >> 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
Russia >> 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...
Product Markets and Refinery Operations - July 2017
Austria >> 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 ...
Large-Capacity Equipment for the Hydrocracking Facility Delivered to the Novokuibyshevsk Refinery
Russia >> 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...

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