More Oil Refining News

An arbitrage bubble

Sep 22, 2014

That a US ban on the export of crude oil receives support from refiners who profit from it makes perfect sense. Arguments for keeping the ban in place do not.

Future of Croatian refinery remains uncertain

Sep 19, 2014

Croatia’s Ministry of Economy said it remains to committed to working with Hungary’s state-owned MOL PLC, a subsidiary of MOL Group, Budapest, to prevent the shuttering of jointly owned INA Industrija Nafte d.d.’s  44,000-b/d refinery in Sisak, Croatia, located about 30 miles south of Zagreb.

 

PDVSA wraps major maintenance at Puerto La Cruz refinery

Sep 18, 2014

Petroleos de Venezuela SA (PDVSA) has completed major maintenance on the atmospheric distillation unit at its 190,000-b/d Puerto La Cruz refinery in eastern Venezuela, the state-owned company said.

WoodMac: China, North America face propylene oversupply

Sep 17, 2014

Oil and gas analyst Wood Mackenzie Ltd. forecasts that global propylene production capacity will increase to 165 million tonnes/year (tpy) by 2030 from a current 109 million tpy, prompting a radical shift in historical supply relationships.

AFPM launches web site to recruit refining, petchem employees

Sep 17, 2014

The American Fuel & Petrochemical Manufacturers launched a workforce development web site to provide information for anyone seeking a career in the two industries. “The refining and petrochemical industries want to let people know that we are hiring,” AFPM Pres. Charles T. Drevna said. “If you have a high school degree, or if you have a college degree, we want you to consider a career in these industries.”

Pemex lets contract for Salamanca refinery

Sep 17, 2014

Mexico’s Petroleos Mexicanos (Pemex) has let a contract to South Korea’s Samsung Engineering Co. Ltd. for the execution of an ultralow-sulfur diesel (ULSD) project at its Antonio M. Amor refinery in Salamanca, in Guanajuato state.

Bahrain awards FEED for refinery expansion

Sep 16, 2014

Bahrain Petroleum Co. (BAPCO) has let a contract to a subsidiary of Technip SA to develop front-end engineering design (FEED) for four main work packages as part of a planned expansion and upgrade of the 267,000-b/d refinery at Sitra, on Bahrain’s eastern coast.

SSLPC lets contract for Shandong complex

Sep 15, 2014

Shandong Shouguang Luqing Petrochemical Co. Ltd. (SSLPC) has let a contract to Honeywell’s UOP LLC for technology to produce isobutylene at its integrated refining and petrochemical complex located in Bohai Industrial Park, in Shouguang City, Shandong Province, China.

Pemex advances diesel program at Mexican refineries

Sep 15, 2014

Mexico’s Petroleos Mexicanos (Pemex) has let a contract to Spain’s Técnicas Reunidas to execute an ultralow-sulfur diesel project at its Lazaro Cardenas refinery near Minatitlan in Veracruz state.

Irving Oil begins fall turnaround at New Brunswick refinery

Sep 15, 2014

Irving Oil Ltd. has started 8 weeks of scheduled maintenance at its 250,000-b/d St. John refinery in the eastern Canadian province of New Brunswick.

US firms' reported earnings dip in second quarter

Sep 15, 2014

Second-quarter profits for a group of 53 US-based producers and refiners totaled $25.45 billion, which was down 8.1% from the same period in 2013.

Odisha to become eastern India’s energy gateway, ministry says

Sep 12, 2014

India’s state of Odisha will implement oil and gas projects within the next 5 years that amount to about 1 trillion rupees ($16.4 billion) in investments, positioning the state to become the energy gateway for eastern India, according to the country’s Ministry of Petroleum and Natural Gas.

Contract let for BPCL’s Kochi refinery expansion

Sep 12, 2014

Bharat Petroleum Corp. Ltd. (BPCL), Mumbai, through Air Products & Chemicals Inc., has let a contract to Technip SA to provide project management, as well as engineering, procurement, and construction management (EPCM) services for a new industrial gas complex at BPCL’s Kochi refinery at Ambalmugal in the Indian state of Kerala.

Keep partisan politics out of biofuel mandates, API tells White House

Sep 11, 2014

The White House should stay away from partisan politics as its Office of Management and Budget reviews the US Environmental Protection Agency proposed 2014 biofuel quotas under the Renewable Fuels Standard, an American Petroleum Institute official said.

Neste plans biopropane unit at Rotterdam refinery

Sep 10, 2014

Neste Oil Corp. is building a biopropane unit at its 800,000-tonne/year Rotterdam renewable diesel refinery in the Netherlands.

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