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CB&I Receives Full Notice to Proceed for Petrochemical Plant in Kazakhstan
KZ >> 12/11/2017 - CB&I (CBI) announced it has received full notice to proceed by Kazakhstan Petrochemical Industries Inc. (KPI) for the project management services for a propane dehydrogenation unit (PDH) and a polypro...
Iran-Iraq Oil Swap Deal To Run For a Year
IR >> 12/12/2017 - Iraqi Oil Minister Jabar al-Luaibi said on Sunday that a deal signed with Tehran to swap up to 60,000 barrels per day of crude produced from the northern Iraqi Kirkuk oilfield for Iranian oil is for o...
Asian Product Market - November 2017
Asian Product Market - November 2017 IN >> 12/12/2017 - Asian product crack spreads in October are on a gradual downward trend, despite solid regional demand and some support from naphtha and ongoing refinery maintenance work offset by supply side pressure...
Fire Extinguished at Shell Refinery-Petchem Plant
SG >> 12/11/2017 - Royal Dutch Shell said a fire at its Singapore refinery-petrochemical site was extinguished on Sunday and no one was hurt in the incident. The fire occurred at one of its manufacturing units on Bukom ...
Vietnam Signs Crude Oil Supply Deals With SOCAR, Glencore
VN >> 12/8/2017 - Vietnam's state-run Binh Son Refining and Petrochemical Co (BSR) and state oil marketer PV Oil have signed non-binding term agreements with two western trading companies to buy crude, BSR officials sa...
BP's Largest New Lubricants Plant to Meet Growing Demand in China
CN >> 12/6/2017 - BP announced plans to build a new lubricants blending plant in China to help meet the country’s rapidly growing demand for high quality lubricants. The new plant will be BP’s third lubricants blending...
Iran Eyes 15mt/y Methanol Export in 5 Years
IR >> 12/2/2017 - Iran's export of methanol will cross 15 million tons per year by 2022, an Iranian petrochemical official says. ...
Iran to Launch 1st Domestic MTP Unit by 2026
IR >> 12/2/2017 - Iran has planned to launch a domestically-developed methanol to propylene unit (MTP) by 2026, a petrochemical official said. Iran to Launch 1st Domestic MTP Unit by 202. ...
Russia’s Largest Acrylic Acid Plant Put into Commercial Operation
RU >> 12/1/2017 - An inauguration ceremony marking the start of commercial operations at an acrylic acid and butyl acrylate production plant owned by Gazprom Neftekhim Salavat took place today in Salavat, Republic of B...
Exxon Merging Oil Refining & Marketing Units
US >> 12/1/2017 - Exxon Mobil Corp is merging its refining and marketing divisions to boost profits from its downstream businesses, the first major restructuring under Chief Executive Darren Woods. ...
Gazprom Neft Sales of High-Technology Bitumens Up 41% in the First Nine Months of 2017
RU >> 11/14/2017 - Q1 — Q3 sales of cokes and bitumen products at Gazpromneft Bitumen Materials, operator of the Gazprom Neft bitumens business, are up 17 percent year-on-year, at 1.99 million tonnes. Sales of high-tech...
Three Dead After Suspected Gas Leak At PetroChina Refinery
CN >> 11/20/2017 - Three workers were killed and six others injured during a suspected gas leak at a PetroChina-operated refinery in Dalian on Saturday evening, state media said on Monday. The men working for Henan Yanl...
SIBUR Launches Construction of DOTP Facility at Perm Site
RU >> 11/22/2017 - SIBUR’s Perm site celebrated the driving of the first pile of a new 100 ktpa facility for the production of dioctyl terephthalate (DOTP), a general-purpose plasticiser. ...
Saudi Aramco Converts Jeddah Refinery to Products Distribution Hub
SA >> 11/19/2017 - Saudi Aramco has shut down its 80,000 barrel per day crude oil refinery in Jeddah indefinitely, converting the complex into a hub for oil products distribution, it said. Aramco has been considering wh...
The Middle East Catalyst Community to Gather in Bahrain
BH >> 11/21/2017 - On 6-7 December in Bahrain, the Middle East catalyst community will come together at Euro Petroleum Consultants’ ME-CAT – Middle East Catalyst Technology Conference, to network and share insights on h...
Rosneft Expands Cooperation with Motor Oil Hellas
RU >> 11/20/2017 - Rosneft, Petrocas Energy (Rosneft's Group subsidiary) and Motor Oil Hellas Corinth Refineries signed a three-lateral agreement about intentions in the crude and oil product supply. The document define...
Bunker Fuel Regulations a Central Topic at Bottom of the Barrel Technology Conference Bahrain
BH >> 11/16/2017 - With the deadline looming for the implementation of the bunker fuel regulations in 2020, it is not surprising that this will be the dominating subject for discussion at Euro Petroleum Consultants’ upc...
Initial Negotiations with Saudi's Aramco to Refine Oil in Egypt
Initial Negotiations with Saudi's Aramco to Refine Oil in Egypt EG >> 11/14/2017 - Egyptian Oil Minister Tarek El Molla said initial negotiations have taken place with Saudi Arabian state oil company Aramco to refine oil in Egypt. ...
Refinery Margins - November 2017
Refinery Margins - November 2017 AT >> 11/15/2017 - US product markets received very strong support in the previous months on the back of significantly higher US gasoline demand. However, with the end of the driving season in the US, the typical season...
Honeywell UOP Providing Hydrotreating Catalysts For ENAP Refinery in Chile
CL >> 11/14/2017 - Honeywell (HON) announced that Empresa Nacional del Petroleo (ENAP) has begun using Honeywell UOP’s HYT-6219 Unity hydrotreating catalyst in conjunction with Unity hydrocracking catalysts to produce c...
Lukoil to Supply Lubricants to China’s Dongfeng Motor Car Giant in Russia
RU >> 11/2/2017 - LUKOIL has signed a service fill agreement with Dongfeng Motor Rus to supply oils and process fluids for servicing Dongfeng (DFM) passenger cars and vans at franchised workshops in Russia. Notably, LU...
Product Markets and Refinery Operations - November 2017
AT >> 11/13/2017 - Product markets in the Atlantic Basin weakened during October due to a decline in gasoline demand following the end of the US driving season. Nevertheless, the US saw solid product demand for this ti...
Alexander Khloponin Launches the Construction of Biological Treatment Facilities at Omsk Refinery
RU >> 11/8/2017 - Alexander Khloponin (Deputy Prime Minister of the Russian Federation) and Sergey Donskoy (Minister for Natural Resources and the Environment) have been given insights into environmental initiatives be...
CCB Kollsnes Selected for CO2 Receiving Terminal
NO >> 11/9/2017 - Gassnova and Statoil have concluded that a CO2 receiving terminal will be located at the premises of CCB Kollsnes AS in the Naturgassparken industrial area in the municipality of ?ygarden by Bergen in...
ExxonMobil & Renewable Energy Group Report Progress in Cellulosic Biodiesel Research
US >> 11/2/2017 - ExxonMobil and Renewable Energy Group (REG) announced that by utilizing REG’s patented fermentation technology, the companies’ joint research program has demonstrated the ability to convert sugars fro...
Refinery operations - October 2017
Refinery operations - October 2017 AT >> 11/5/2017 - In the US, refinery throughput took a plunge, as US Gulf Coast (USGC) refinery utilization rates decreased due to shut downs caused by Hurricane Harvey, as well as planned maintenance, which led to re...
Crude Oil & Oil Products Export for October 2017
AZ >> 11/1/2017 - In October 2017, SOCAR has exported 84 975 tons from Novorossiysk port, 261 397 tons from Supsa, and 1 201 812 tons from Ceyhan port.Generally, 1 242 679 tons of crude oil was exported from Novorossiy...
Successful Start-up at Huizhou Refinery Phase II Project
CN >> 10/20/2017 - Chevron Lummus Global (CLG), a joint venture between Chevron U.S.A. Inc. and CB&I, recently announced the successful start-up of a vacuum residue upgrading plant using CLG Vacuum Residue Desulfurizati...
Iranian Crude Exports to Russia to Start Soon
IR >> 10/29/2017 - Iran’s crude oil exports to Russia under an oil-for-goods barter scheme will begin “in the near future,” Deputy Minister of Petroleum Ali Kardor said on Saturday. He said banking problems related to t...
Kuwait's Al Arfaj Group Plans 600,000 bpd Oil Refinery in India
IN >> 10/24/2017 - Kuwait’s Al Arfaj Group plans to build a 600,000 barrels per day oil refinery and a 10 million tonnes a year liquefied natural gas (LNG) terminal in the Indian coastal state of Andhra Pradesh, the sta...
Gazprom Neft Begins Construction of A Deep Conversion Complex at The Pan?evo Refinery
RU >> 10/23/2017 - NIS (Naftna Industrija Srbije, 56-percent owned by Gazprom Neft), has begun the construction of a new deep conversion complex (DCC) involving delayed coking technology at its Pancevo Refinery, Serbia....
European Product Market - October 2017
European Product Market - October 2017 AT >> 10/22/2017 - Product markets in Europe performed slightly better compared with last year, supported by higher demand for gasoline and middle distillates as well as arbitrage opportunities to the US in the aftermat...
Total, Saudi Aramco Discussing JV Refinery Expansion
SA >> 10/18/2017 - Total is in talks with Saudi Aramco to expand their Saudi joint venture refinery by more than 10 percent, the chief executive of the French energy company said. Capacity at their Saudi Arabia Total Re...
ExxonMobil Begins Production on New Polyethylene Line
US >> 10/17/2017 - ExxonMobil Chemical Company has commenced production on the first of two new 650,000 tons-per-year high-performance polyethylene lines at its plastics plant in Mont Belvieu, Texas. The full project, p...
Iran Plans for Giant Leap in Oil Industry
IR >> 10/13/2017 - Iran says it is gearing up efforts including study of its oil reserves to ramp up the country"s crude oil production, a senior Iranian oil official says. ...
Omsk Refinery Begins Production of Environmentally Friendly Marine Fuels
RU >> 10/12/2017 - The first batch of a new improved environmentally friendly marine fuel* has been produced at the Omsk Refinery. The fuel’s minimum sulphur content —of no more than 0.1 percent — means the product is s...
Keyera Signs Long-Term Duvernay NGL Agreement with Chevron
CA >> 10/10/2017 - Keyera Corp. (Keyera) has entered into a 20-year midstream agreement (the "Agreement") with Chevron Canada Limited (Chevron) to fractionate and handle natural gas liquids from Chevron's Kaybob Duverna...
Product Markets and Refinery Operations - October 2017
AT >> 10/11/2017 - Product markets in the Atlantic Basin improved further in September at the top of the barrel on the back of higher gasoline demand. The middle distillate market continued to improve globally on the b...
Iran Eyes 4.5mbd Output by 2022
IR >> 10/3/2017 - Iran says its crude oil production will reach 4.5 million barrels per day in a matter of a few years, end of the 6th five-year development plan to 2022. ...
Rosneft to Develop Cooperation with Cuba
CU >> 10/7/2017 - Rosneft Chief Executive Officer Igor Sechin held a working meeting with Minister of Energy and Mines of the Republic of Cuba Alfredo Lopez and Ambassador Extraordinary and Plenipotentiary of the Repub...

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