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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...
Fraudulent Marketing of Petroleum Products
Fraudulent Marketing of Petroleum Products Russia >> 10/1/2012 - TNK-BP warns the market of potential risks associated with petroleum product offers made by dishonest market players on behalf of CJSC Ryazan Oil Refinery Company (RORC, a TNK-BP Group company).
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Technip Awarded 2 Contracts for Refineries in Kazakhstan
Technip Awarded 2 Contracts for Refineries in Kazakhstan Kazakhstan >> 9/26/2012 - Technip was awarded two contracts, worth a total value of about €50 million, for the front-end engineering design (FEED) services of two refineries in Kazakhstan. ...
US Product Markets and Refinery Operations – September 2012
US Product Markets and Refinery Operations – September 2012 United States >> 9/24/2012 - US gasoline demand increased by around 370 tb/d from the previous month to stand at around 9.1 mb/d in August. This level represented a rise of 240 tb/d from the same month a year earlier. US gasoline...
Preliminary Design of Duqm Refinery Project Under Way
Oman >> 9/22/2012 - Preliminary engineering design work on a giant refinery complex at Duqm has commenced, marking a key step in the development of, among other things, a major petrochemicals hub on Oman’s Wusta coast. A...
Asian Product Markets and Refinery Operations – September 2012
Asian Product Markets and Refinery Operations – September 2012 Vietnam >> 9/20/2012 - Asian refineries continued limiting product supplies due to maintenance and additional unscheduled shutdowns. This tightened the market amid strong demand for light and middle distillates, allowing cr...
Technip Awarded a Services Contract for a New Upgrader
Venezuela >> 9/20/2012 - Foster Wheeler AG announced that a subsidiary of its Global Engineering and Construction Group, in consortium with Hyundai Engineering and Construction Co., Ltd. (HDEC), of South Korea, has been award...
Turkmenistan Says Building of New Oil Refinery to Start 2015
Turkmenistan >> 9/19/2012 - Japan's JGC Corp has been chosen to prepare a feasibility study for a new oil refinery in western Turkmenistan, local industry officials said, adding that construction works would start in 2015. ...
Gas Leak in Al-Ahmadi Refinery Controlled
Gas Leak in Al-Ahmadi Refinery Controlled Kuwait >> 9/19/2012 - A gas leak described as "limited" which occurred at Al-Ahmadi Refinery caused no casualties or halt of import and export operations, said the Kuwait National Petroleum Company (KNPC). ...
AVEVA Implemented in Major Petrobras Refinery Projects
Brazil >> 9/18/2012 - AVEVA announced that its software has been implemented on four major Petrobras Oil & Gas projects in Brazil. Engineering firm Chemtech has adopted AVEVA PDMS and AVEVA Global for the development of re...
Moscow Refinery Completes Mechanical Treatment Facilities
Russia >> 9/13/2012 - The Moscow refinery has started set-up and commissioning operations on the new closed cycle mechanical treatment facilities and on the bitumen plant. The Moscow Mayor Sergei Sobyanin paid a working vi...
World Refining Outlook - Sept 12
Austria >> 9/11/2012 - Since the 2008 financial crisis, global refinery throughput has increased by more than 3.0 mb/d, reflecting the improvement in world oil demand. This recovery in global oil consumption has been mainly...
Product Markets and Refinery Operations - Sept 12
Austria >> 9/11/2012 - Product market sentiment remained healthy worldwide and even strengthened in August. Light distillates exhibited a positive performance on the back of tightening supply generated by the shutdown of se...
No Shortage in Fuel Output in Oman
Oman >> 9/10/2012 - Musaab bin Abdullah al Mahrooqi, CEO of Oman Refineries and Petrochemicals Company, denied any suspension or shortage in the output of refineries in Sohar and Mina al Fahal. The shortage in some filli...
Egyptian Minister Plans to Upgrade 9 Refineries
Egyptian Minister Plans to Upgrade 9 Refineries Egypt >> 9/5/2012 - Petroleum and Metallurgical Wealth Minister Osama Kamal said on Tuesday 4/9/2012 that the Ministry is laying down an integrated plan to upgrade and develop the nine Egyptian refineries within the comi...
Asian Product Markets and Refinery Operations - August 2012
Asian Product Markets and Refinery Operations - August 2012 Indonesia >> 9/1/2012 - Asian refineries reduced supplies due to maintenance and additional unscheduled shutdowns, tightening the market amid strong distillate demand and causing the cracking margins to recover momentum, des...
No Shortage in Fuel Output in Oman
Oman >> 8/21/2012 - Musaab bin Abdullah al Mahrooqi, CEO of Oman Refineries and Petrochemicals Company, denied any suspension or shortage in the output of refineries in Sohar and Mina al Fahal. The shortage in some filli...
Battle of Santa Ines Refinery to Open by the End of Nov 2013
Venezuela >> 8/21/2012 - Asdrubal Chavez, Vice President of Refining, Marketing and Supply of Petroleos de Venezuela, S.A. (PDVSA), monitored the progress of the construction of the Battle of Santa Ines Refinery, which will b...
Gazprom Neft Reports Unaudited 6m 2012 Results
Russia >> 8/13/2012 - Gazprom Neft has published its unaudited consolidated financial results in accordance with International Financial Reporting Standards (IFRS) for the period ended 30 June 2012. ...

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