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Oil Treating & Refining News

Indian Oil Plans $5.5 Bln Expansion of Refinery Co-owned by Iran
Iran >> 11/23/2016 - An Indian Oil Corp unit plans to invest $5.5 billion to gradually raise the capacity of its smallest refinery co-owned by Iran to 300,000 barrels per day (bpd), its chairman said, to help meet a surge...
Venezuela Refinery Network Operating at Roughly a Third
Venezuela >> 11/23/2016 - Oil-rich Venezuela's refinery network was operating at about a third of capacity, according to union sources and workers, as state oil company PDVSA struggles with equipment issues after years of unde...
Uganda Names Sinopec among Firms Interested in Refinery
Uganda >> 11/22/2016 - Oil firms including China's Sinopec have expressed an interest in developing Uganda's planned oil refinery and an investor for the project will be selected by February 2017, a top government official ...
Product Markets and Refinery Operations - November 2016
Austria >> 11/11/2016 - Product markets in the Atlantic Basin continued strengthening during October on the back of positive performance at the middle of the barrel as stronger demand and falling inventories allowed gasoil...
Albanian Refinery Fire Kills One & Flames Put Out
Albania >> 11/11/2016 - An explosion at an Albanian-U.S.-owned refinery in the southern area of Ballsh overnight killed one person and wounded seven others, causing an enormous fire that was put out. ...
Oman Oil Signed MoU with KPC to Invest in Duqm Refinery
Oman Oil Signed MoU with KPC to Invest in Duqm Refinery Oman >> 11/9/2016 - Oman Oil Company S.A.O.C. (OOC), the Sultanates investment arm in the energy and energy related sectors, and Kuwait Petroleum International Ltd (KPI), the international subsidiary of Kuwait Petroleum ...
Refinery Modernization Is a Must
Iran >> 11/7/2016 - Managing Director of National Iranian Oil Products Distribution and Refining Company (NIOPDRC) Abbas Kazemi says modernization of refineries is a necessity for the country. ...
Refinery Operations - October 2016
Refinery Operations - October 2016 Austria >> 11/2/2016 - Refinery utilization in the US averaged around 93% in September, corresponding to 16.5 mb/d, some 160 tb/d lower than the previous month and 320 tb/d lower than in the same month a year ago. Refinery ...
Uganda Refinery in Talks with New Potential Lead Investors
Uganda >> 11/1/2016 - Talks to build an oil refinery in Uganda with a consortium led by Korea's SK Engineering have collapsed but the East African nation still hopes to find a lead investor for the project by year end, an ...
Gazprom Neft Moscow Refinery Begins Installation of Equipment for Euro+ Unit
Russia >> 11/1/2016 - Installation of major equipment for a modern Euro+ combined oil refining unit (Euro+ CORU) at the Gazprom Neft Moscow Refinery has now begun. Two hydro-treatment reactors and an iso-dewaxing unit, pro...
Iran & Finland to Cooperate in Oil Industry
Iran >> 10/25/2016 - Deputy Minister of Petroleum for International Affairs and Trading Amir-Hossein Zamaninia and Finnish Deputy Minister for Foreign Trade and Development Cooperation Peter Stenlund on Tuesday called for...
Asian Product Markets - October 2016
Asian Product Markets - October 2016 Singapore >> 10/23/2016 - The Asian market exhibited a recovery on the back of firm regional demand amid tightening sentiment fueled by the onset of autumn maintenance in the region. ...
Equipment for the Modernization of the Omsk Refinery is Delivered to Omsk
Russia >> 10/19/2016 - Major equipment for the second stage of modernization of the Gazprom Neft Omsk Refinery has been delivered to Omsk. ...
Oil Refiners to Gather in Bahrain for High Level Technology Conference
Bahamas >> 10/17/2016 - After a rather challenging period for the petroleum industry; low crude price and economic slowdown in certain key regions, the industry is looking how best to adapt to these new conditions and plan f...
Product Markets and Refinery Operations - October 2016
Austria >> 10/12/2016 - Product markets in the Atlantic Basin showed mixed performances as margins fell in the US, hit by a seasonal slowing of gasoline domestic demand as the driving season ended. In Europe, margins were ...
Sohar Refinery Expansion Project on Track
Oman >> 10/11/2016 - The Sohar Refinery Expansion Project is inching towards a soft opening by the end of 2016 as planned earlier. The $2.7-billion project should be completed by the end of first quarter of 2017, said Sal...
No Casualties Reported After China Refinery Blast
China >> 10/10/2016 - Equipment at an oil refinery in the eastern Chinese city of Nanjing caught fire and exploded on Sunday, state media said, in the country's latest industrial accident. ...
New China Refinery Faces Delay As Myanmar Seeks Extra Oil Tax
China >> 10/10/2016 - A newly built Chinese refinery near its border with Myanmar is facing a delayed start-up after state firm PetroChina balked at paying an extra tax for piping crude oil through the Southeast Asian nati...
Sri Lanka to Build 100,000 bpd Refinery with India
India >> 10/6/2016 - Sri Lanka will build a second refinery with a capacity of at least 100,000 barrels per day (bpd) in a tie-up with Indian Oil Corp, a top Sri Lankan official said on Thursday, a move that strengthens N...
Lukoil Commissions Diesel HDA Block at Perm Refinery
Russia >> 10/6/2016 - LUKOIL has successfully completed reconstruction of the diesel fuel hydrodearomatization block of the hydrocracker at Perm Refinery, accommodating it for hydrodewaxing. This modernization will allow t...

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