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Processing 2011 P

  • 08/09/2011 -- Kazakhstan: Tethys adds Doris production facility
    Tethys Petroleum Ltd. has boosted production capacity at its Doris oil field in western Kazakhstan to 2,000-2,500 b/d with the opening of facilities that will turn out refinery grade crude oil for better margins.
  • 08/05/2011 -- Work to start on Jurong condensate project
    Jurong Aromatics Corp. (JAC) will break ground Aug. 26 on a large condensate processing complex on Jurong Island, Singapore.  
  • 08/04/2011 -- Baker Institute study says Iraq faces hurdles in becoming oil leader
     Iraq’s large oil-production potential could put it in a position to vie for leadership with Saudi Arabia in the world oil scene in the coming decades. But Baghdad and Riyadh each might have difficulty meeting rising demand for oil, according to a study released by Rice University's Baker Institute for Public Policy.
  • 08/03/2011 -- Iran's parliament approves appointment of Revolutionary Guard as oil minister
    Iran’s parliament has approved the appointment of Revolutionary Guards Brig. Gen. Rostam Qasemi as minister of oil, marking a major victory for hardliners in asserting control over the country’s most important revenue sector.
  • 08/02/2011 -- IPIC acquires Total SA's 48.83% stake in CEPSA
    Total SA sold its entire 48.83% interest in Compania Espanola de Petroleos SA (CEPSA) to Abu Dhabi's sovereign fund International Petroleum Investment Co. (IPIC) for €3.7 billion.
  • 08/02/2011 -- Omsk refinery upgrade lifts fuel quality
    Gazprom Neft has begun production of Euro Super 98 gasoline as part of a continuing upgrade of its 390,000 b/d Omsk refinery.
  • 08/02/2011 -- Essar completes purchase of UK refinery
    Essar Energy PLC, Mumbai, has completed its purchase from Royal Dutch Shell of the Stanlow refinery near Ellesmere Port in Northwest England (OGJ Online, Mar. 29, 2011).
  • 08/01/2011 -- Karbala Refinery plans refinery south of Baghdad
    Iraq’s ministry of oil, in an effort to boost the country’s refining capacity, has signed an agreement with Karbala Refinery Corp. Ltd. for the construction of a 200,000 b/d refinery in the Karbala region.
  • 07/29/2011 -- Eni to fund $1.5 billion PDVSA development of Orinoco block
    Venezuela's state-owned Petroleos de Venezuela SA recently signed a $2 billion financing agreement with Eni SPA mainly for development of the two firms’ joint venture in the Orinoco heavy oil belt.
  • 07/29/2011 -- PDVSA up against August deadline for Abreu e Lima refinery venture
    Brazil’s state-run Petroleo Brasileiro SA (Petrobras) said Venezuela's state-owned Petroleos de Venezuela SA (PDVSA) faces an August deadline to fund its participation in the $16.25 billion Abreu e Lima refinery joint venture.
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