More Oil Refining News

Buyer emerges for shuttered St. Croix refinery

Nov 17, 2014

Hovensa LLC, the joint venture of Hess Corp. and Petroleos de Venezuela SA (PDVSA), has found a buyer that hopes to restart its idled 500,000-b/d refinery on the island of St. Croix, US Virgin Islands, government officials confirmed (OGJ Online, Sept. 3, 2014; Jan. 18, 2012).

Legislative vote delays St. Croix refinery sale

Nov 14, 2014

The Senate of the 30th Legislature of the US Virgin Islands has voted unanimously to send back a proposed agreement that would provide for the restart of Hovensa LLC’s idled 500,000-b/d refinery on the island of St. Croix to the legislative body’s finance committee for further review.

MRPL wraps Mangalore refinery expansion project

Nov 13, 2014

Mangalore Refinery & Petrochemicals Ltd. (MRPL), a subsidiary of Oil & Natural Gas Corp. Ltd., has fully completed the long-delayed Phase 3 expansion and upgrading project at its 194,000-b/d refinery at Mangalore, India.

Petronas to buy out Phillips 66’s interest in Malaysian refinery

Nov 12, 2014

Petronas has reached a deal with a subsidiary of Phillips 66 to acquire full ownership of Malaysian Refining Co. Sdn. Bhd. (MRC), which operates of one of two refining trains included in Petronas’ 200,000-b/d refinery complex in Sungai Udang, Melaka state, Malaysia.

Repsol lets contract for hydrogen plant at Peruvian refinery

Nov 12, 2014

Spain’s Repsol SA has let a long-term contract to Praxair Inc. for the supply of hydrogen for its 102,000-b/d La Pampilla refinery in Peru’s Callao province, near Lima.

Gunvor secures financing for Antwerp refinery

Nov 12, 2014

Gunvor Group Ltd., Geneva, has renewed and increased a secured revolving borrowing base facility to $700 million to finance the growing needs of its 107,500-b/d Independent Belgian Refinery (IBR) in Antwerp, Belgium.

Alon Partners to buy Krotz Springs refinery from Alon Energy

Nov 12, 2014

Alon USA Partners LP has agreed to buy the 74,000-b/d Krotz Springs refinery from Alon USA Energy Inc., Dallas, for a total consideration of $437.5 million, which will be payable to Alon Energy in a combination of $100 million cash and $337.5 million in common units representing limited partner interests in Alon Partners, the companies jointly said.

Storm partially shutters PDVSA’s Cardon refinery

Nov 11, 2014

Venezuela’s 310,000-b/d Cardon refinery in Falcon state is in the process of resuming normal operations after a power outage over the weekend halted activities at the plant, state-owned Petroleos de Venezuela SA (PDVSA) said.

CSB releases final report on Chevron Richmond refinery fire

Nov 11, 2014

The US Chemical Safety Board (CSB) has issued the final regulatory report on its investigation of the August 2012 pipe rupture and ensuing fire at Chevron Corp.’s 257,000-b/d Richmond, Calif., refinery, in which the agency reinforced its call for a more-rigorous approach to safety management at US refineries.

Chevron lets contract for Cape Town refinery

Nov 11, 2014

Chevron South Africa (Pty.) Ltd., a subsidiary of Chevron Corp., has let a contract to a division of Jacobs Engineering Group Inc. to supply engineering, procurement, and construction management (EPCM) services at its 110,000-b/d refinery in Cape Town, South Africa.

CVR Refining lets contract for Coffeyville refinery

Nov 11, 2014

Coffeyville Resources Refining & Marketing LLC, a subsidiary of CVR Refining LP, Sugar Land, Tex., has let a contract to CB&I, Houston, to build a hydrogen plant at its 115,000-b/d refinery at Coffeyville, Kan.

Surveys: process, progress

Nov 10, 2014

The closing of the year is an interesting time for editors at Oil & Gas Journal. For some, it marks an opportunity to breathe that deep sigh of relief and reflect thankfully on a body of work well-executed and now behind them. For others, however, it signals the start of a frantic race to deliver our readers the biggest, most challenging projects undertaken all year.

Tupras lets contract for Izmir and Batman refineries

Nov 10, 2014

Turkish Petroleum Refineries Corp. (Tupras) has let a 5-year service, maintenance, and support contract to a division of Honeywell to upgrade controls at two of its refineries in Turkey.

CNPC, Rosneft advance Tianjin refining complex

Nov 10, 2014

China National Petroleum Corp. (CNPC) and OAO Rosneft have endorsed the crude refining portion of a feasibility study for the construction of the long-planned Tianjin refinery project, which is to be built in northern China’s industrial zone of Nangang in Tianjin.

EIA: Brent, not WTI, dominates US gasoline price movements

Nov 10, 2014

A recent study from the US Energy Information Administration would appear to weaken the argument that lifting the ban on US crude oil exports would raise domestic gasoline prices.

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