More Refining Capacities News

Dung Quat refinery on track for 2009

Sep 23, 2008 Petrovietnam next month plans to import 52,500 tonnes of diesel to test-run the 140,000 b/d Dung Quat refinery, the country's first, due to come on stream in February 2009.

OGJ Newsletter

Sep 22, 2008

Emulsion fuel options still viable for heavy oil

Sep 22, 2008 Venezuela was until recently the only source of a unique fuel option that bypassed the traditional yet capital intensive two-step conversion of bitumen-extra heavy crudes(B-EHC) to synthetic crude oil (syncrude) and then to refinery products.

Congress members pledge action after oil speculation study

Sep 22, 2008 An independent report showing that record amounts of speculative investment drove oil prices to record peaks in 2008 confirms that stronger market regulation is needed, federal lawmakers said.

Japanese refiners to cut products output

Sep 16, 2008 Three Japanese refiners, who control some 35% of the nation's refining capacity, plan to cut their output by the end of the year due to reduced demand for fuels.

Kuwaiti oil minister confident about refinery support

Sep 16, 2008 Kuwaiti's oil minister, rejecting allegations that he had violated any laws in the award of contracts, expressed confidence he would win parliamentary support to construct the 615,000 b/d Al-Zour refinery.

OGJ Newsletter

Sep 15, 2008

Hurricane Ike idles 21% of US refining capacity

Sep 12, 2008 Even before its center made landfall on the Texas Gulf Coast, wide-bodied Hurricane Ike knocked out more of American refining capacity than did its predecessor less than 2 weeks earlier.

MARKET WATCH: Crude prices fall as Ike threatens Houston area

Sep 12, 2008 Despite pending supply reductions via OPEC and Hurricane Ike, energy prices continued falling to yet another 5-month low just over $100/bbl Sept. 11 as traders focused on declining demand.

Senate, House members pledge action following independent oil speculation study

Sep 12, 2008 An independent report showing that record amounts of speculative investment drove oil prices to record peaks in 2008 confirms that stronger market regulation is needed, federal lawmakers said.

Hurricane Ike roars out of the Gulf of Mexico and across eastern Texas

Sep 12, 2008 Federal officials moved to facilitate restoration of US Gulf Coast oil and gas production, oil refining and transmission after Hurricane Ike roared through eastern Texas and headed toward north-by-northeast.

Congress members pledge action after oil speculation study

Sep 10, 2008 An independent report showing that record amounts of speculative investment drove oil prices to record peaks in 2008 confirms that stronger market regulation is needed, federal lawmakers said.

MARKET WATCH: Energy prices inch up as Hurricane Ike approaches

Sep 9, 2008 Energy prices inched higher Sept. 8 as Hurricane Ike washed over eastern and central Cuba, diminishing from a Category 3 storm to a Category 1 storm in the process.

MARKET WATCH: Oil prices swing in hurricane winds

Sep 8, 2008 Crude prices dropped below $107/bbl Sept. 5 as mostly unscathed US Gulf Coast oil and gas operations come back on stream following the dissipation of Hurricane Gustav, which also reduced US demand for energy via power outages and other disruptions.

OGJ Newsletter

Sep 8, 2008

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