Oil Refining News

Global oil glut continues despite increasing demand

Jul 6, 2015 A year since crude prices plunged, oversupply lingers, evident in a record-setting stock build, as production by members of the Organization of Petroleum Exporting Countries remains far above the g...

Bakken formation pressure standards to take effect Apr. 1

Feb 10, 2015 North Dakota oil and gas regulators ordered operators to condition crude oil from the Bakken, Three Forks, and Sanish formations, effective Apr. 1, in efforts to improve rail transportation safety.

Prospects for US crude exports to Asia are looking up

Dec 1, 2014 Within the next 3 to 4 years, the US can become an oil and condensate exporter capable of making available to the world market more than 1.5 million b/d of domestic crude and condensate along with ...

Asia-Pacific refining primed for capacity growth

Dec 1, 2014

Global crude oil refining capacity in 2014 edged lower from 2013 (OGJ, Dec. 2, 2013, p. 34), according to the latest OGJ Refinery Survey.

Tight oil prompts new plan for atmospheric distillation heater

Oct 6, 2014 Distillation unit atmospheric heaters serve a vital role in crude oil processing. Any issues directly related to reduced capacity of a heater, such as elevated tube-skin temperatures (TSTs) and cok...

Survey shows increase in refining construction

May 6, 2013

Oil and Gas Journal's semiannual Worldwide Construction Update shows an increase in refining construction activity compared with the previous edition of the update (OGJ, Nov.5, 2012, p. 48).

Asia, Middle East lead modest recovery in global refining

Dec 3, 2012 Growth in world crude oil distillation capacity resumed in 2012, if only slightly, after turning down in 2011 (OGJ, Dec. 5, 2011, p. 30) following slow growth in 2010, according to the latest OGJ R...

Joint venture advances plan for grassroots refinery in North Dakota

Jul 30, 2015 Quantum Energy Inc., Tempe, Ariz., and a joint-venture partner Native Son Holdings LLC (NSH), The Woodlands, Tex., have filed a minor-source air quality construction permit application with the Nor...

Shell to shed Japanese refining assets

Jul 30, 2015 Royal Dutch Shell PLC has entered a deal to sell nearly all of its interest in Japanese refiner Showa Shell Sekiyu KK to Idemitsu Kosan Co. Ltd. as part of the company’s ongoing strategy to reduce ...

Egypt advances refinery modernization projects

Jul 27, 2015 Egypt has finalized a series of joint agreements with a subsidiary of Technip SA, Paris, to provide work on projects designed to upgrade and modernize operations at two of the country’s aging refin...

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Oil & Gas Processing Webcasts

Global LNG: Adjusting to New Realities

Oil & Gas Journal’s March 20, 2015, webcast will look at how global LNG trade will be affected over the next 12-24 months by falling crude oil ...
Mar 20, 2015
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US Midstream at a Crossroads

Oil & Gas Journal’s Mar. 6, 2015, webcast will focus on US midstream companies at an inflection point in their development in response to more ...
Mar 6, 2015
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The Future of US Refining

Oil & Gas Journal’s Feb. 6, 2015, webcast will focus on the future of US refining as various forces this year conspire to pull the industry in ...
Feb 6, 2015

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August 18, 2015
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