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  1. Lukoil buys majority stake in Norsi-Oil refinery

    By the OGJ Online Staff HOUSTON, Oct. 22 -- Russian company Lukoil won two auctions for stakes in the Nizhni Novgorod (Norsi-Oil) oil refinery. It now holds 85.36% of the refinery for a purchase price of $26 million and assumption of 1.5 billion rubles ($50.8 million) in debt. Lukoil is also expected to invest heavily in the modernization of the plant. Sibneft also bid for the 40% and 45.36% stakes in the refinery; the starting price was $21.8 million. Lukoil said it is a major crude supplier for the plant and has worked closely with it for 5 years. "By purchasing Nizhni-Novgorod refinery, we continue to carry the policy of achieving high competitive position on the world market," said Vice-Pres. Leonid Fedun. He said NORSI-Oil would become one of the leading enterprises of the Russian oil industry after the modernization.

    Online Articles

    Online Articles

    Mon, 22 Oct 2001

  2. Calumet to buy Montana heavy-oil refinery

    Calumet Specialty Products Partners LP, Indianapolis, has signed a definitive agreement to buy Montana Refining Co. Inc., which operates a small heavy- oil refinery in Great Falls, Mont., for $120 million plus an amount for working capital to be determined later.

    Online Articles

    Online Articles

    Wed, 15 Aug 2012

  3. SK bid for Inchon Oil Refinery approved

    South Korea's antitrust regulator has unconditionally approved SK Corp.'s bid to acquire bankrupt refiner Inchon Oil Refinery Co.

    Online Articles

    Online Articles

    Wed, 7 Dec 2005

  4. SK Corp. cuts bid for Inchon Oil Refinery

    South Korean refiner SK Corp. has reduced its bid for Inchon Oil Refinery Co. Ltd. by 160 billion won to about 3.04 trillion won, industry sources said.

    Online Articles

    Online Articles

    Fri, 28 Oct 2005

  1. Ventech to design first Nigerian private oil refinery

    Online Articles

    Online Articles

    Mon, 5 Mar 2001

  2. BOC to supply hydrogen to BP's Toledo oil refinery

    The BOC Group, Windlesham, UK, plans to construct a hydrogen production and utilities complex to supply more than 110 MMscfd of hydrogen to BP PLC's oil refinery in Toledo, Ohio, and to other industrial customers. A supply agreement between BOP and BP is expected to be finalized soon, and ...

    Online Articles

    Online Articles

    Wed, 11 Aug 2004

  3. Ergon plans Mississippi refinery expansion

    Ergon Inc., Jackson, Miss., is planning a $150-million expansion at its subsidiary Ergon Refining Inc.’s specialty naphthenic base oil refinery in Vicksburg, Miss., the company said.

    Online Articles

    Online Articles

    Tue, 14 Oct 2014

  4. Ukraine to tender for refinery stake

    Ukraine's state property fund said it will formally announce later this month a tender for a 67% stake in the Lysychansk-based LyNOS refinery. The fund failed in several earlier attempts to sell LyNOS, Ukraine's second-largest oil refinery .

    Online Articles

    Online Articles

    Sat, 29 Apr 2000

  5. Refinery exceeds industry benchmarks with maintenance outsourcing

    Since it outsourced the maintenance part of its organization 2 years ago, Germany's Schmierstoff Raffinerie Salzbergen (SRS) lube oil refinery has achieved above industry average maintenance reliability.

    Magazine Articles

    Magazine Articles

    Mon, 21 May 2001

  6. US energy infrastructure security now a key issue in Washington

    Keeping the US energy infrastructure safe from attack, whether it is a gas pipeline, oil refinery , or power grid, has become a key domestic issue for policymakers in Washington, DC.

    Magazine Articles

    Magazine Articles

    Mon, 1 Oct 2001

  7. LARGE GRASSROOTS LUBE REREFINERY IN OPERATION

    Dennis W. Brinkman Safety-Kleen Corp. Elk Grove Village, III. Recent technology enhancements and a marketing decision to significantly increase volume throughput have combined to produce the next generation of used oil refineries . The first of these units is in full production in East Chicago, Ind. ...

    Magazine Articles

    Magazine Articles

    Mon, 19 Aug 1991

  8. Contract let for Guangdong heavy oil refinery

    Sino-Venezuela Guangdong Petrochemical Co., a subsidiary of China National Petroleum Corp.’s (CNPC) PetroChina Co. Ltd., has let a second major contract to Metso Corp. for advanced valve technology at its 20-million tonne/year heavy crude oil processing plant in the Jieyang Nandahai Petrochemical ...

    Online Articles

    Online Articles

    Thu, 10 Apr 2014

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