Oil Refining News

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...

ExxonMobil lets contract for Antwerp refinery

Dec 17, 2014

ExxonMobil Petroleum & Chemical BVBA has let an engineering, procurement, and construction contract to Fluor Corp. for a delayed coker to be installed at its 320,000-b/d Antwerp refinery.

BPC report examines 40 possible options to reform RFS

Dec 16, 2014 The Bipartisan Policy Center issued a report outlining 40 possible options for reforming the federal Renewable Fuels Standard in an effort to move discussion of the controversial program beyond sim...

Turkish refinery secures Canadian financing

Dec 16, 2014 Export Development Canada (EDC) said it is participating as lead arranger in the $3.3 billion debt-financing consortium supporting STAR Rafineri AS’s planned 214,000-b/d SOCAR Turkey Aegean Refiner...

Angola’s Sonangol secures $2 billion loan for refinery, other projects

Dec 15, 2014

China Development Bank (CDB) has extended a $2 billion line of credit to state-owned Sonangol EP to support expansion projects in Angola’s oil and gas sector.

Pertamina plans $25 billion revamp of Indonesian refineries

Dec 15, 2014 PT Pertamina (Persoro) has entered agreements with Saudi Aramco, JX Nippon Oil & Energy Corp., and China Petroleum & Chemical Corp. (Sinopec) to undertake a 10-year, $25 billion plan to mod...

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