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Marubeni & SINOPEC Sign MoU for Marine Fuel Business Cooperation
CN >> 6/7/2019 - Marubeni Corporation (Marubeni) has signed a Memorandum of Understanding with SINOPEC FUEL OIL SALES CO.,LTD (SINOPEC FUEL OIL), the company responsible for the supply of marine fuel oil produced by C...
Gazprom Neft to Supply Cutting-Edge Lubricants to Businesses in Saratov Oblast
RU >> 6/7/2019 - Gazprom Neft has signed a Cooperation Agreement with the Saratov Oblast on import-substitution in lubricants and service fluids. The document was signed at this year’s St Petersburg International Econ...
Gazprom Neft Joins Forces in Establishing a Refining Control Centre with Yokogawa
RU >> 6/7/2019 - Gazprom Neft is to create the industry’s first production control centre, to be used in managing its own refineries. The future centre will facilitate the transition from managing individual facilitie...
SOCAR & Tekfen Sign MoU to Construct Urea Production Facility
AZ >> 5/31/2019 - Rovnag Abdullayev, President of SOCAR met with a delegation of Turkey’s Tekfen Holding led by Murat Gigin, Chairman of the Board and Cahit Oklap, President of the Group Companies. Rovnag Abdullayev an...
Gazprom Neft Improves Efficiency in Sales of Marine Fuels in Q1 2019
RU >> 5/20/2019 - Gazpromneft Marine Bunker, operator of the Gazprom Neft bunkering business, achieved sales of approximately 800,000 tonnes of marine fuels in Q1 2019, a 25-percentincrease year-on-year, with the compa...
The Omsk Refinery Delivers a Consignment of Needle Coke to Domestic Manufacturers
RU >> 4/24/2019 - A consignment of needle coke (a valuable raw material for the metallurgy, nuclear, chemicals and space industries) has been produced at the Gazprom Neft Omsk Refinery — this initial pilot batch having...
Nigeria & Saudi Arabia to Draft MoU on Oil and Gas
NG >> 4/26/2019 - Nigeria and Saudi Arabia plan to draft a memorandum of understanding on an oil and gas partnership that could lead to the construction of a new refinery and investments in liquefied natural gas. ...
Omsk Refinery Delivers a Consignment of Needle Coke to Domestic Manufacturers
RU >> 4/24/2019 - A consignment of needle coke (a valuable raw material for the metallurgy, nuclear, chemicals and space industries) has been produced at the Gazprom Neft Omsk Refinery — this initial pilot batch having...
Air Liquide Expands Supply Contract to LyondellBasell PO/TBA Plant
US >> 4/29/2019 - Air Liquide announced today that it has expanded its utilities supply agreement with LyondellBasell for its new propylene oxide (PO) and tertiary butyl alcohol (TBA) project in the Houston area. This ...
SOCAR Aviation to Supply Jet Fuel to Istanbul Airport
AZ >> 4/10/2019 - SOCAR Aviation, a subsidiary of SOCAR, the largest direct foreign investor in Turkey won a jet fuel tender announced by Istanbul Airport (?GA). Murat Erdo?an, Trading Manager of SOCAR Türkiye said the...
Strategy Under Way to Increase Production of Oil Refineries
Strategy Under Way to Increase Production of Oil Refineries EG >> 3/27/2019 - Petroleum Minister Tarek el Molla said that his ministry has a strategy for increasing the production of oil refineries to meet the local demand. ...
ADNOC Signs MoU Agreements with OMV and Borealis
AE >> 3/23/2019 - The Abu Dhabi National Oil Company (ADNOC) signed two Memorandum of Understanding’s (MoUs) with OMV and one MoU with Borealis to explore new opportunities for collaboration in the downstream sector. T...
Gazprom Saves 22.5 million Tons of Fuel Equivalent on Fuel and Energy Between 2011 & 2018
RU >> 3/19/2019 - The Gazprom Board of Directors reviewed and approved the Company’s efforts to improve the energy efficiency of its operations and reduce its greenhouse gas emissions. It was stated that every year the...
Direct Sales of Gazprom Neft Aviation Fuels Up 11% in 2018
RU >> 3/19/2019 - Gazpromneft-Aero, operator of the Gazprom Neft aviation refuelling business, increased “wing-tip” sales of aviation fuels by 2.7 million tonnes in 2018 — an 11-percent increase year-on-year. Total sal...
Petroteq Begins Heavy Oil Sales from Asphalt Ridge Facility
US >> 3/18/2019 - Petroteq has reported that, on March 18, 2019, oil production sales have commenced at the Asphalt Ridge facility. Two loads of 250 barrels of oil having an API gravity of 17 were sold, with additional...
Iran Launches South Pars Phases 13, 22-24 Refinery
IR >> 3/17/2019 - Iranian President Hassan Rouhani inaugurated the onshore refining facilities of phases 13 and 22-24 of the supergiant South Pars gas field in Assaluyeh, southern Iran. ...
ZapSibNeftekhim's Polypropylene Unit Produces First Granules
RU >> 3/13/2019 - The polypropylene unit at ZapSibNeftekhim, a deep hydrocarbon conversion plant under construction, is 99.8% complete. Construction and installation works on the process unit are over, and commissionin...
Frames Takes on Desalting Challenge at MOL Duna Refinery
HU >> 3/13/2019 - Frames has been awarded a contract to supply two desalters (electrostatic coalescers) to leading Hungarian oil and gas company MOL Group for the Duna Refinery at Sz?zhalombatta near Budapest. The Fram...
McDermott Announces Successful Startup of Largest Ever CDAlky® Reactor
CN >> 3/14/2019 - McDermott International, Inc. announced the successful commercialization and startup of its single largest CDAlky® reactor to date at PetroChina's refinery in Jilin, China. The 350,000 metric ton per ...
Sales of Gazprom Neft Marine Fuels Up 10% in 2018
RU >> 3/11/2019 - Sales of bunkering fuel at Gazpromneft Marine Bunker, operator of the Gazprom Neft bunkering business, reached 2.9 million tonnes in 2018, a 10-percent increase year-on-year, further strengthening its...
Propane & Butane Production in Phase 13
IR >> 3/8/2019 - The products chain of phase 13's refinery was completed by operating liquid gas production units. The director of phase 13 announced. ...
Wood Secures Contract for Greenfield Petrochemicals Project in Oman
Wood Secures Contract for Greenfield Petrochemicals Project in Oman OM >> 6/10/2019 - Wood has been awarded a new contract by Duqm Refinery and Petrochemicals Industries Company (DRPIC) to provide FEED (front-end engineering design) for a proposed onshore petrochemicals facility at the...
Fluor Corporation Appoints Michael Steuert as Chief Financial Officer
Fluor Corporation Appoints Michael Steuert as Chief Financial Officer US >> 5/28/2019 - Fluor Corporation (NYSE:FLR) announced today executive appointments to its leadership team as it continues to strengthen the company’s management as well as drive an enhanced focus on excellent execut...
McDermott Awarded Petrochemicals Technology Contract in Hungary
HU >> 5/23/2019 - McDermott International, Inc. has been awarded a sizeable* technology contract by MOL Petrochemicals for the basic engineering, technology license, catalyst and Front End Engineering Design (FEED) for...
McDermott Awarded Polypropylene Technology Contract in India
IN >> 5/13/2019 - McDermott International, Inc. (MDR) has been awarded a sizeable technology contract by Chennai Petroleum Corporation Limited (CPCL), a group company of IndianOil, for the license, basic engineering de...
Bilfinger Middle East Wins Big EPC Contracts from Adnoc
AE >> 5/8/2019 - The Abu Dhabi National Oil Company (ADNOC) has awarded Bilfinger three separate projects in the first quarter of 2019. The contracts, secured by Bilfinger's Middle East division, involve turnkey insta...
ADNOC & ExxonMobil Discuss New Opportunities to Progress of US$ 30 B Upper Zakum Expansion
AE >> 5/7/2019 - His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC), and Darren W. Woods, Chairman and CEO of Exxon Mobil Corporation (ExxonMobi...
KBR Earns 3 Year Extension on General Maintenance Services Contract for SATORP
KBR Earns 3 Year Extension on General Maintenance Services Contract for SATORP SA >> 5/3/2019 - KBR, Inc. (KBR) has received a three year extension to its existing General Maintenance Services (GMS) contract for the 440,000 bpd refinery at SATORP’s (a joint venture between Saudi Aramco and Total...
Wood Awarded SABIC Contract for New Technology Centre in Saudi Arabia
Wood Awarded SABIC Contract for New Technology Centre in Saudi Arabia SA >> 4/30/2019 - Wood has secured a new contract with SABIC to deliver the engineering design for a world-class petrochemical research centre in the Kingdom of Saudi Arabia. ...
Gazprom Neft, Gazprombank, RVC & VEB Innovation Established Venture Fund
RU >> 4/16/2019 - Gazprom Neft, Gazprombank, the Russian Venture Company (RVC) and VEB Innovation have established a venture fund, “New Industry Ventures”, focussing on investments in technology companies specialising ...
McDermott Awarded Petrochemicals Contract in Kuwait
KW >> 4/22/2019 - McDermott International, Inc. (MDR) and Kuwait Integrated Petroleum Industries Company (KIPIC), a subsidiary of Kuwait Petroleum Corporation (KPC), announced that KIPIC has awarded McDermott a technol...
Aramco Eyes up to 25% in RIL Refining & Ptrochemical Business
IN >> 4/17/2019 - Saudi Aramco is in “serious discussions” to acquire a 25 percent stake in the refining and petrochemical businesses of India’s Reliance Industries, according to a report in the Times of India. Accordi...
Aramco to Acquire Stake in South Korean Hyundai Oilbank
Aramco to Acquire Stake in South Korean Hyundai Oilbank SA >> 4/15/2019 - The Saudi Arabian Oil Company (Saudi Aramco) and Hyundai Heavy Industries Holdings today announced that they have reached an agreement for Saudi Aramco’s subsidiary, Aramco Overseas Company B.V (AOC)...
Borouge Awards WorleyParsons PMC Contract for the World’s Largest Mixed Feed Cracker
AE >> 3/21/2019 - Borouge has awarded WorleyParsons the project management contract (PMC) for its Ruwais petrochemicals complex. Borouge is a joint venture between Abu Dhabi National Oil Company (ADNOC) and Borealis AS...
AXENS’ Technologies for HPCL Rajasthan Refinery in India
AXENS’ Technologies for HPCL Rajasthan Refinery in India IN >> 4/8/2019 - Axens’ Technologies for HPCL Rajasthan Refinery in HPCL Rajasthan Refinery Limited (HRRL), a joint venture company between HPCL and the Government of Rajasthan, India, has selected Axens to supply sev...
Carlyle Group to Acquire a Shareholding in CEPSA from Mubadala
AE >> 4/8/2019 - Mubadala Investment Company, the Abu Dhabi-based strategic investment company, and global investment firm The Carlyle Group (CG) have announced today that funds affiliated with Carlyle will acquire a ...
ADNOC Signs New Long-Term Agreement for Base Oil Sales into China
CN >> 4/2/2019 - The Abu Dhabi National Oil Company (ADNOC) announced, today, that it has concluded a significant long-term sales agreement with the Xiamen Sinolook Oil Co. Ltd., of China, for its high-quality base oi...
Iran & Iraq Reach Agreement to Develop Naft Shahr and Khorramshahr Fields
Iran & Iraq Reach Agreement to Develop Naft Shahr and Khorramshahr Fields IR >> 4/7/2019 - Iran and Iraq have reached an agreement for joint development of the Naft Shahr and Khorramshahr joint oil fields, Iranian Minister of Petroleum Bijan Zangeneh announced. ...
McDermott Announces Chevron Lummus Global Technology Award in India
IN >> 4/3/2019 - McDermott International, Inc. announced that Chevron Lummus Global (CLG), McDermott's joint venture with Chevron, has been awarded a sizeable* technology contract by Chennai Petroleum Corporation Limi...
Standard Arabia Awarded with SABIC 5Y Master Agreement for Lifting Equipment Certification
Standard Arabia Awarded with SABIC 5Y Master Agreement for Lifting Equipment Certification SA >> 4/4/2019 - Standard Arabia Inspection Co. Ltd, Head quartered in Jubail Saudi Arabia have been awarded with Third Party Lifting Equipment Certification Master Agreement contracts with SABIC, A Petrochemical manu...

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