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Forte Oil in Talks on Refinery Deal to Boost Capacity
NG >> 8/5/2017 - Nigeria's Forte Oil said it was in talks with a major refinery to form a strategic partnership for local refining of petroleum products in Africa's top oil exporter, its chief executive said. Nigeria ...
Uganda Picks GE for Group to Develop Oil Refinery Project
UG >> 8/7/2017 - Uganda chose a group including General Electric Co. to build and operate a 60,000-barrel-a-day refinery that will process crude from fields being developed by Total SA and Tullow Oil Plc. ...
Natref Refinery to Reach Full Output after Disruption
ZA >> 8/4/2017 - South Africa's 108,000 barrel-a-day Natref refinery, operated by Sasol and Total will reach full output this weekend after an explosion and power cuts the last three months, a spokesman said. ...
Repsol Invests 5 Million Euros in Puertollano Lubricants Plant
ES >> 8/17/2017 - Repsol will invest 5 million euros in its Puertollano lubricants plant as part of the company’s objective to increase sales in both domestic and international markets. Production will be increased unt...
Husky Agrees to Acquire US Midwest Refinery
US >> 8/14/2017 - Husky Energy has entered into definitive agreements to acquire the Superior Refinery, a 50,000 barrel per day permitted capacity facility located in Superior, Wisconsin from Calumet Specialty Products...
Iran to Share MTP Technology Ownership with Air Liquide
IR >> 8/14/2017 - Iran says it will share with Air Liquide ownership of the technical knowhow needed for production of propylene from methanol, a senior petrochemical official said. ...
Refinery Margins - August 2017
Refinery Margins - August 2017 AT >> 8/15/2017 - US product crack spreads improved during July despite higher WTI prices m-o-m. Total gasoline demand continued to increase to reach around 9.7 mb/d, based on preliminary weekly data, to the highest l...
Product Markets and Refinery Operations - August 2017
AT >> 8/10/2017 - Refinery margins in the Atlantic Basin saw mixed movement in July, while US margins recorded solid gains as crack spreads for all products increased due to healthy domestic demand. Margins in Europe ...
Gazpromneft-Aero Increases Retail Jet Fuel Sales By 13% in 1H of 17
RU >> 8/9/2017 - Based on its 1H17 results, Gazpromneft-Aero, the jet fuel operator of Gazprom neft, has increased retail sales of jet fuel to 1.1 million tonnes. This represents a 13% rise year-on-year and ensures th...
US Sanctions on Maduro Could be just the Start
US >> 8/8/2017 - Aframax demand in the Caribs could be collateral damage to further sanctions. On July 31, the United States government announced economic sanctions on President Nicolas Maduro in response to recent Ve...
CEE & CIS Downstream Project Management Conference
AT >> 8/9/2017 - Successful implementation of complex revamp and construction projects without budget overruns and schedule slippage is the dream of any refinery manager. ...
Gazprom Neft Increases Sales of Premium-Class Bitumen Materials by 40% in 1H 2017
RU >> 8/8/2017 - Gazpromneft Bitumen Materials, operator of the Gazprom Neft bitumens business, achieved sales of 58,500 tonnes of premium bitumen products in 1H 2017, 40 percent higher than the first six months of 20...
Gazpromneft Marine Bunker Sees 16% Year-On-Year Increase in Sales of Marine Fuels
RU >> 8/4/2017 - In H1 2017 Gazpromneft Marine Bunker, operator of Gazprom Neft’s bunkering business, has recorded sales of 516,800 tonnes of marine fuels at ports throughout North—West Russia: a 16-percent increase y...
Korean Firm Inks HOA for Upgrade Deal with TRC
IR >> 8/6/2017 - South Korea’s SK Engineering and Construction Co. (SKEC) signed a heads of agreement on Saturday for a 1.6 billion euro upgrade of the Tabriz refinery in northwest Iran. ...
Iran Eyes Petchem Deals with Int'l Majors Soon
IR >> 8/2/2017 - A senior Iranian petroleum official says the country is about to sign several deals with international companies for developing petrochemical projects. ...
Fugro’s Integrated Capabilities Clinch Further Work for Sirius at the High Grade Polyhalite Deposit
UK >> 8/2/2017 - A new geotechnical package comprises seven deep boreholes in shaft and tunnel locations at the new UK mine, located 3.5 kilometres south of Whitby in North Yorkshire. Fugro is undertaking strength tes...
Crude Oil & Oil Products Export for July 2017
AZ >> 8/2/2017 - In July 2017, SOCAR has exported 264 489 tons from Supsa port, 1 540 751 tons from Ceyhan port. Generally, 733 664 tons of crude oil was exported from Novorossiysk port, 1 579 673 tons from Supsa, 9 6...
Refinery Operations - July 2017
Refinery Operations - July 2017 AT >> 7/31/2017 - The refinery utilization rate in the US averaged almost 93% in June, corresponding to 17.1 mb/d. This represents a slight drop of 37 tb/d from the previous month but a hike of around 650 tb/d from the...
Gazprom Neft Modernises Bitumen Facility at the Omsk Refinery
RU >> 7/27/2017 - A comprehensive upgrade of the bitumen facility at the Gazprom Neft Omsk Refinery has now been completed, allowing an expansion in the product range of bitumen binders, as well as improving the energy...
Gazprom Neft Building New Delayed Coking Unit at Omsk Refinery
RU >> 7/25/2017 - Construction of a delayed coking unit (DCU) has now begun at Gazprom Neft’s Omsk Refinery.* Annual raw material consumption at the complex will be two million tonnes. The CDU is set to become one of t...
LyondellBasell to Build the World's Largest PO/TBA Plant in Texas
US >> 7/21/2017 - LyondellBasell (LYB), one of the world's largest plastics, chemicals and refining companies, today announced the final investment decision to build the world's largest propylene oxide (PO) and tertiar...
Gazpromneft-AERO & Socar Turkey Petrol Enerji Sign Agreement on Aviation Refuelling
RU >> 7/17/2017 - Gazpromneft-Aero, operator of the Gazprom Neft aviation refuelling business, and SOCAR Turkey Petrol Enerji, one of Turkey’s leading suppliers of aviation fuels, have concluded an agreement on refuell...
Sadara Commissions Amines Plant in Jubail Industrial City
Sadara Commissions Amines Plant in Jubail Industrial City SA >> 7/17/2017 - Sadara Chemical Company (Sadara), the largest chemical complex ever built in a single phase, has successfully started up its Amines plant. The Sadara Amines plant is composed of two separate facilitie...
NOVATEK Joins the Society for Gas as a Marine Fuel & the SEA\LNG Association
RU >> 7/14/2017 - Novatek Gas & Power, a wholly owned trading subsidiary of NOVATEK (“NOVATEK” and/or the “Company”) has joined the Society for Gas as a Marine Fuel and the SEA\LNG Association to help promote liquefied...
ADNOC & Borealis Sign Agreement to Extend Petrochemical Activities in Ruwais
AE >> 7/16/2017 - The Abu Dhabi National Oil Company (ADNOC) and Borealis have signed a framework agreement, under which the companies will advance two key projects that will expand both ADNOC and Borealis downstream p...
South Korea’s Iran Crude Imports for June up 10.5 % Year-on-Year
IR >> 7/17/2017 - South Korea imported 1.2 million tonnes of crude oil from Iran in June, up 10.5 percent from a year ago, preliminary data from Korea Customs Service showed on Saturday. ...
Large-Capacity Equipment for the Hydrocracking Facility Delivered to the Novokuibyshevsk Refinery
RU >> 7/12/2017 - A unique operation of the large-size equipment transportation to the Novokuibyshevsk Refinery is completed. Nine columns for the under-construction hydrocracking facility and a regeneration unit for m...
Product Markets and Refinery Operations - July 2017
AT >> 7/12/2017 - Product markets in the US weakened slightly in June on high supply offsetting the typical seasonal draw in inventory levels, despite the onset of the summer driving season. Product markets in Europe ...
Start-up & Commissioning Operations Were Started at the TANECO’s Second Hydrogen Production Unit
RU >> 7/11/2017 - The start-up and commissioning operations were started at the second hydrogen production unit of the TANECO’s Complex of the oil Refining and Petrochemical Plants in Nizhnekamsk. ...
Major Equipment for New Advanced Oil Refining Complex Installed at Omsk Refinery
RU >> 7/10/2017 - The latest stage in Gazprom Neft’s construction of a new advanced oil refining complex (AORC) has now been completed at its Omsk Refinery — one of a series of key projects in its full-scale modernisat...
West Karoun Oil Field Production Reach 368000 bpd
IR >> 7/10/2017 - Iran currently produces 290’000 barrels of crude oil per day, the figure which is going to witness an increase of 78000 barrels bpd, the managing director of Iran’s Petroleum Engineering and Developme...
Sadara Begins Production of Propylene Glycol Plant
SA >> 7/10/2017 - Sadara Chemical Company (Sadara), the largest chemical complex ever built in a single phase, announced that it has successfully started up its Propylene Glycol (PG) plant. ...
CB&I Awarded Material Supply Contract for Ethylene Expansion Project
ID >> 7/10/2017 - CB&I has been awarded a contract by PT Chandra Asri Petrochemical Tbk (CAP) to supply materials for the revamp of existing cracking heaters at CAP's naphtha cracker plant in Cilegon, Indonesia. ...
Progress of Talara Refinery Modernization
PE >> 6/29/2017 - Minister of Energy and Mines, Gonzalo Tamayo Flores, inspected the progress of the Talara Refinery Modernization Project (PMRT), which to date records an implementation progress of 60.53%. ...
Refinery Operations - June 2017
Refinery Operations - June 2017 AT >> 7/11/2017 - The refinery utilisation rate in the US averaged around 93% during May, corresponding to 17.2 mb/d. This represented an increase of more than 100 tb/d from the previous month’s level and was around 90...
Crude Oil Prices in June 2017
AZ >> 7/3/2017 - In June 2017, price for Brent crude oil in the world market was $46,53 per barrel, Urals oil - $45,97, and BTC FOB Ceyhan crude oil - $47,51.
Students & Graduates of Baku Higher Oil School Will Work at STAR Company in Turkey
AZ >> 7/4/2017 - A meeting with graduates of Baku Higher Oil School (BHOS) selected for work at STAR Refinery of SOCAR Turkey company and BHOS students undertaking on-the-job training at SOCAR facilities in Turkey was...
Crude Oil & Oil Products Export for June 2017
AZ >> 7/3/2017 - In June 2017, SOCAR has exported 159 826 tons of crude oil from Novorossiysk port, 176 139 tons from Supsa port, and 1 429 248 tons from Ceyhan port.Generally, 733 664 tons of crude oil was exported f...
Phase 13’s Refinery Connected to Grid
IR >> 7/2/2017 - Project director of phase 13 announced that onshore refinery of this project was connected to the sixth line of grid. PayyamMotamed said that connection operation to the sixth line of grid was succes...
Petrobras Approves the Review of Diesel & Gasoline Pricing Policy
BR >> 6/30/2017 - Petroleo Brasileiro S.A, Petrobras, pursuant to the material fact disclosed on October 14, 2016, reports that its Executive Board approved, the review of the pricing policy for diesel and gasoline tra...

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