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Petrobras Opens Bids for Argentine Assets
Argentina >> 12/14/2012 - Brazil's state-controlled oil company Petrobras will put assets in neighboring Argentina up for sale, Argentine daily newspaper La Nacion reported, quoting unnamed sources. ...
Product Markets and Refinery Operations - Dec 12
Austria >> 12/12/2012 - Product markets in November continued declining, due to further losses at the top and bottom of the barrel. Gasoline cracks continued to plummet worldwide, following seasonal low demand amid increasin...
AlGhurair Has No Plans to Sell Stake in Libya Refinery
Libya >> 12/11/2012 - Prominent United Arab Emirates group Al Ghurair said it had no intention yet of selling its half ownership of Ras Lanuf, Libya's biggest refinery, but also had not decided whether to go ahead with inv...
400 Iranian Companies Making Equipment for SP
Iran >> 12/9/2012 - South Pars Gas Complex cooperates with more than 400 local manufacturers in order to meet its needs to equipment and parts used in refining industry. ...
US Product Markets and Refinery Operations – November 2012
US Product Markets and Refinery Operations – November 2012 Austria >> 12/8/2012 - US gasoline demand stood at around 8.6 mb/d in October, dropping 80 tb/d from the previous month and down by around 20 tb/d from the same month last year. The demand picture in the US remains disappoi...
Qandeel Discusses the Oil Refineries Development
Egypt >> 11/30/2012 - Prime Minister Dr. Hisham Qandeel held a meeting on the future vision for the development of oil refineries in order to meet the local market's needs of petroleum products. The meeting was attended by...
Gazprom Neft Reviews the Refinery Upgrade Program
Gazprom Neft Reviews the Refinery Upgrade Program Russia >> 11/26/2012 - The Gazprom Neft Board has reviewed the progress of the company’s oil refineries modernization and upgrade program. ...
Asian Product Markets and Refinery Operations – November 2012
Asian Product Markets and Refinery Operations – November 2012 South Korea >> 11/24/2012 - Asian markets remained relatively well-balanced as increasing supplies eased the tight situation and the cracks remained stable at the top and middle of the barrel. Fuel oil weakened further, due to a...
Termination of Refining Business at Kubiki Refinery
Japan >> 11/22/2012 - INPEX CORPORATION (INPEX) has decided to terminate the refining business at the Kubiki Refinery in mid-December this year. INPEX’s wholly-owned subsidiary Teiseki Topping Plant Co., Ltd. (TTP) has b...
ABB Wins $11 Mln Power Products Order For Kazakh Refinery
Kazakhstan >> 11/21/2012 - ABB, the leading power and automation technology group, has won an order worth around $11 million, from JSC OGCC KazStroy Service, an EPC contractor, for high and medium voltage substation equipment t...
Product Markets and Refinery Operations - Nov 12
Austria >> 11/10/2012 - Product markets showed a mix performance during the past month. Middle distillates continued stronger worldwide on the back of tight sentiment for that product ahead of the winter season, while gasoli...
Volgograd Refinery Manufactures Euro-5 Diesel Fuel
Volgograd Refinery Manufactures Euro-5 Diesel Fuel Russia >> 11/9/2012 - All diesel fuel manufactured at the LUKOIL-owned Volgograd refinery is now Euro 5 compliant. The switchover to the new standard became possible due to the commissioning, in Q3 of 2012, of a new diesel...
US Product Markets and Refinery Operations – October 2012
US Product Markets and Refinery Operations – October 2012 Austria >> 11/7/2012 - US gasoline demand stood at around 8.7 mb/d in September, after peaking in August at 9.1 mb/d, and were down by around 30 tb/d from the same month a year earlier. It picked up in August with the summe...
Al Fahal Refinery Operations Restart
Oman >> 11/6/2012 - Mina Al Fahal Refinery affiliated to Oman Oil Refineries and Petroleum Industries Company (Orpic) resumed operations of the main unit, which separates crude oil after the facility was temporarily shut...
Refinery Protest Causes Petrol Shortage in Tripoli
Refinery Protest Causes Petrol Shortage in Tripoli Libya >> 11/5/2012 - Protests outside western Libya's main oil refinery shut down operations for a second day on Monday, causing long queues at petrol stations in the capital Tripoli, a refinery spokesman said. ...
TNK-BP to invest $97M in Sulphur Recovery Unit at RORC
TNK-BP to invest $97M in Sulphur Recovery Unit at RORC Russia >> 11/1/2012 - TNK-BP informs that by 2016 it will invest $97 mln in the construction of a free sulphur recovery unit at the Ryazan Oil Refinery Company (RORC). ...
Asian Product Markets and Refinery Operations – October 2012
Asian Product Markets and Refinery Operations – October 2012 China >> 10/31/2012 - Asian markets led to an easing of the tight situation, with increasing supplies causing cracks to retreat, despite healthy demand. Gasoline and fuel oil weakened, while naphtha and gasoil remained rel...
Omsk Refinery Launches Euro-5 Diesel
Russia >> 10/24/2012 - Gazprom Neft’s Omsk Refinery has launched the diesel hydrotreater. The opening ceremony was attended by Gazprom’s Chairman of the Management Committee and Gazprom Neft’s BoD Chairman Alexey Miller.
TNK-BP to Invest $537M in Modernization of Ryazan
Russia >> 10/16/2012 - TNK-BP announces that it will invest $537 mln in the modernization of facilities at its Ryazan Oil Refinery between 2012 and 2015 for a full transition to Euro-5 motor fuels production. ...
Product Markets and Refinery Operations - Oct 12
Austria >> 10/12/2012 - Product markets continued to show a positive movement across the barrel in September. This was on the back of tightening product sentiment fuelled by the upcoming European maintenance season and by ga...

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