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A Digital Twin Is Being Created at the TANECO Complex
Russia >> 6/19/2018 - JSC TANECO and ChemTech company (OOO RRT) jointly implement a project at the TATNEFT’s refinery complex to create a digital twin for the CDU / VDU (ELOU-AVT-7) unit. The pilot project all optimizes th...
Moscow Refinery Completes Installation of Large-Scale Equipment for its Cutting-Edge Euro+ CORU
Russia >> 6/14/2018 - Eighty nine percent of works on the construction of the Euro+ combined oil refining unit (CORU) at the Gapzrom Neft Moscow Refinery are now complete, including installation of all large-scale equipmen...
Lukoil Opens Petroleum Products Loading Terminal in Volgograd
Russia >> 6/8/2018 - A new terminal for the loading of bitumen products and lubricants was opened at LUKOIL's wholly-owned refinery in Volgograd, today. The opening ceremony was attended by Maxim Donde, LUKOIL Vice Presid...
Vietnam's Second Refinery To Be Fully Operational By Early August
Vietnam >> 6/6/2018 - Vietnam's second oil refinery will be fully operational by early August, a senior executive at the plant told Reuters on Wednesday, significantly reducing the country's reliance on refined product imp...
Gazprom Neft Expands Its Partnership with the Moscow Oblast
Russia >> 5/24/2018 - Gazprom Neft has concluded a Cooperation Agreement with the Government of the Moscow Oblast on delivering modern, high-technology bitumen materials for the region’s roads, as well as cooperating in im...
Iraq Invites Bids to Build Oil Refinery in Diwaniya
Iraq >> 5/15/2018 -  Investors interested in bidding to build a 70,000 barrel-per-day oil refinery in Diwaniya south of Baghdad have until July 31 to make offers, the Iraqi oil ministry said in a statement. ...
Yemen's Aden Refinery Seeking 150,000 tonnes of Oil Products
Yemen >> 5/13/2018 - Yemen’s Aden refinery is seeking 150,000 tonnes of oil products for the local market in two separate tenders, the state news agency SABA said. ...
Iraq Sets June 14 Bid Deadline for Kut Oil Refinery Project
Iraq >> 5/9/2018 - Investors interested in bidding for a project to build a 100,000 barrel-per-day refinery in Kut have until June 14 to make offers, an oil ministry statement said. ...
Oman Working with McKinsey to Integrate Refining, Petrochemical Assets
Oman >> 5/7/2018 - Oman is working with consultancy Mckinsey & Co to integrate its refining and petrochemical industries into one entity, a senior Omani official and a financial source familiar with the matter said. ...
Sinopec Starts Catalytic Cracking Unit Construction at JV Refinery with Kuwait
China >> 5/4/2018 - Sinopec has started the construction of a 4.2-million-tonnes per year catalytic cracking unit at the Sino-Kuwait Guangdong refinery project, the company newspaper said. Sinopec expects to complete the...
ADNOC Setting Up New Trading Unit for Crude, Refined Products
United Arab Emirates >> 4/23/2018 - Abu Dhabi National Oil Company (ADNOC) was setting up a new trading unit for its crude oil and refined products. The unit will be part of ADNOC’s Marketing, Sales and Trading Directorate, the company ...
Aramco & RRPCL Sign MoU to Develop $44 Billion Ratnagiri Mega Petrochemicals Complex
Aramco & RRPCL Sign MoU to Develop $44 Billion Ratnagiri Mega Petrochemicals Complex India >> 4/11/2018 - President & CEO Amin H. Nasser: “Investing in India is a key part of Saudi Aramco’s global downstream strategy, and another milestone in our growing relationship with India.” ...
Uganda Signs Agreement with Investors to Build Oil Refinery
Uganda >> 4/10/2018 - Uganda signed an agreement on Tuesday with a consortium, including a subsidiary of America’s General Electric, to build and operate an oil refinery in western Uganda that will cost $3 billion-$4 billi...
SP13 Gas Production Capacity to Meet 50 MCM per day
Iran >> 4/7/2018 - Managing director of Pars Oil and Gas Company (POGC) announced that south pars phase 13 refinery will reach to 50 million cubic meters per day by winter 2019. ...
Greece & Paneuropean Agree to Divest 50.1% in Hellenic Petroleum
Greece >> 4/4/2018 - Greece and Paneuropean Oil and Industrial Holding have agreed to divest a combined stake of at least 50.1 percent in Hellenic Petroleum, Greece’s biggest oil refiner, via an international tender. ...
SOCAR will Launch Oil Refinery in Turkey in 2018
Turkey >> 3/30/2018 - Petkim's net profit grew more than 9 times in the 9 years up to 2017. As a result of the optimization measures taken last year, approximately $50 million was saved. ...
Maire Tecnimont Sees Opportunities in Algeria Energy Shake-up
Algeria >> 3/23/2018 - Maire Tecnimont (MTCM.MI) hopes to pick up business from Sonatrach as the Algerian state-owned energy company’s new management starts investing again, the head of the Italian engineer told Reuters. ...
Iraq Opens West Qurna/ 1 Wet Oil Treatment Unit
Iraq >> 3/18/2018 - Mr. Jabbar Ali Al-Luiebi the minister of oil opened the wet oil treatment unit in the 6th gas insulation unit in West Qurna /1 field with capacity of 50 thousand barrels/ day. ...
Shahdaei Visited Phase 13th of South Pars
Iran >> 3/13/2018 - Deputy Petroleum Minister of Iran, Marzieh Shahdaei, visited a refinery in phase 13 of South Pars development project on Wednesday (7 March 2018). ...
Taiwan Orders CPC to Partially Halt Talin Refinery After Fire
Taiwan >> 3/12/2018 - Taiwan's government has ordered state-run refiner CPC Corp to partially suspend operations at a refinery in the southern city of Kaohsiung, a government official told Reuters on Monday, after a fire i...

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