More Refining Capacities News

Nippon merger firm to develop alternative energy

Dec 30, 2008 Nippon Oil and Nippon Mining Holdings expect to reduce their newly merged entity's refining capacity while enhancing operations in alternative energy.

Worldwide refining capacity growth rises again in 2008

Dec 22, 2008 In 2008, growth in crude distillation capacity continued to build on momentum of past years; refiners added more capacity than the past 2 years, according to the latest OGJ Refinery Survey.

OGJ Newsletter

Dec 22, 2008


Dec 22, 2008

COMPANY NEWS: Nippon Oil, Nippon Mining to merge

Dec 22, 2008 Japan’s leading refiner Nippon Oil Corp. and sixth-ranked Nippon Mining Holdings Inc., faced with sluggish domestic demand for gasoline, plan to merge into a holding company.

Deloitte: US needs 50-year energy strategy

Dec 22, 2008 A national energy council should be established in the US to develop a 50-year energy strategy, with the council developing benchmarks to monitor progress and making regular public reports, said economist Joseph Stanislaw.

ExxonMobil fined $6.1 million for CAA violations

Dec 18, 2008 ExxonMobil Corp. agreed to pay nearly $6.1 million in civil penalties for violating terms of a 2005 court-approved Clean Air Act agreement, said the US Department of Justice and US Environmental Protection Agency on Dec. 17.

Deloitte: US needs 50-year energy strategy

Dec 16, 2008 A national energy council should be established in the US to develop a 50-year energy strategy, according to economist Joseph Stanislaw.

Cuba, Venezuela sign new accords on oil, gas

Dec 15, 2008 Venezuelan President Hugo Chavez and his Cuban counterpart, Raul Castro, have signed agreements to expand the capacity of two refineries in Cuba and to construct a third one.

OGJ Newsletter

Dec 15, 2008

Special Report: Asia petchem expansions to 2015 increase demand for naphtha

Dec 15, 2008 A wave of ethylene investment will take place in Asia during 2009-11 with distinct peaks in early and late 2009.

Special Reports: China, India lead growth in Asian refining capacity

Dec 15, 2008 Asian refining capacity continues to grow rapidly despite the effects of a suffering global economy.

PetroSA awards contract for South African refinery

Dec 8, 2008 PetroSA has let a feasibility and front-end engineering and design contract to KBR for its 400,000 b/d refinery in the Coega industrial development zone outside Port Elizabeth, South Africa.

OPEC: Oil demand deteriorates

Dec 8, 2008 Although there were no production adjustments at their Nov. 29 consultation in Cairo, members of the Organization of Petroleum Exporting Countries did note the rapid deterioration of demand prospects since their Oct. 24 agreement to reduce production effective Nov. 1.

Showa Shell Seikyu looks to solar power

Dec 6, 2008 Showa Shell Sekiyu KK expects alternative energy to become increasingly important in Japan and as such is ramping up its solar power efforts, according to Pres. Jun Arai.

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