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Refining Business

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  1. Shell mulls fate of Malaysian refinery

    Online Articles

    Wed, 14 Jan 2015

    reliable operations at the refining complex, according to the company. SRC’s decision to abandon its Malaysian refining business stems from a determination by its board in September 2014 that regional refining margins would remain depressed due

  2. Asia-Pacific refining primed for capacity growth

    Magazine Articles

    Mon, 1 Dec 2014

    from the unfavorable economic environment Italy's refining business faces, MOL said in October 2013. The remaining ..... ordinance that will seek further to integrate Japan's refining business with new targets for refiners to meet by the end

  3. Future of Croatian refinery remains uncertain

    Online Articles

    Fri, 19 Sep 2014

    d refinery in Sisak, Croatia, 30 miles south of Zagreb. “After INA presents results of an analysis of its refining business , the government and Ministry of Economy will, as always, do everything in our power to protect Croatian interests

  4. Watching Government: When condensate is product

    Magazine Articles

    Mon, 28 Jul 2014

    driven out of business," he told OGJ on July 21. "But it opened a loophole for people who'd never been in the refining business to bring crude in." The provision was part of the 1973 Emergency Petroleum Allocation Act. Refineries with less

  5. SOCAR consolidates Azerbaijani refining operations

    Online Articles

    Mon, 29 Dec 2014

    part of SOCAR’s overall plan to improve corporate structure and optimize business processes by consolidating its refining business under an integrated management scheme, the company said. The move is intended to eliminate economically inefficient

  6. Global oil market well supplied despite disruptions to producers

    Magazine Articles

    Mon, 7 Jul 2014

    recent decline. With oil inventories falling in Cushing, Okla., and rising on the Gulf Coast, meanwhile, the US refining business is changing dramatically. Gradual recovery The global economy remains on a path of gradual recovery, although data

  7. Weak refining margins rein in third-quarter earnings growth

    Magazine Articles

    Mon, 9 Dec 2013

    marketing business reported operating earnings plunged 81% to $592 million, as weaker margins, primarily in its refining business , decreased profits by $2.4 billion. The company's upstream earnings were $6.7 billion in this year's

  8. OMV completes butadiene plant upgrade at Austrian refinery

    Online Articles

    Mon, 19 May 2014

    The investments into butadiene production at OMV’s refineries results from the changing landscape of the global refining business , in which petrochemical derivatives are playing an increasingly important role alongside traditional oil products

  9. FGE: Japan likely to see further cuts to refining capacity

    Magazine Articles

    Mon, 2 Jun 2014

    passed, the ministry is now planning a second phase of the ordinance that will seek to further integrate Japan's refining business with new targets for refiners to meet by end-March 2017, said FGE. An advisory subcommittee on petroleum and

  10. Eni sheds eastern European refining assets

    Online Articles

    Wed, 7 May 2014

    decrease its overall refining capacity by 7%, the company said. A series of capacity reductions in its Italian refining business over the last 3 years contributed a 13% reduction in the company’s global refining capacity in 2013, according

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