Oil Treating & Refining News

Equipment for Construction of A Euro+ Refining Facility At Moscow Refinery Is Delivered
Russia >> 6/26/2017 - Russian-produced oversized equipment for construction of a combined Euro+ facility at the Gazprom Neft Moscow Refinery has been delivered by river barge. The vacuum distillation column,* manufactured ...
Yanos Refinery Commissions New Group Iii-Quality Base Oil Production Facility
Russia >> 6/15/2017 - A new facility for production of Group III-quality base oils has been commissioned at the JSC Slavneft-YANOS refinery, part of OAO NGK Slavneft, a joint enterprise between Gazprom Neft PJSC and Rosnef...
Asian Product Market - June 2017
Asian Product Market - June 2017 Oman >> 6/14/2017 - The Asian market weakened in May, pressured by the supply side amid expectations of increasing refinery runs following the end of peak maintenance season. A lack of export opportunities also weighed ...
Product Markets and Refinery Operations - June 2017
Austria >> 6/13/2017 - Product markets in the Atlantic Basin weakened during May. Despite the strength seen in US gasoline crack spreads, supported by stronger domestic demand, refinery margins in the Atlantic Basin fell d...
Venezuela & China Sign 4 Energy Agreements
Venezuela & China Sign 4 Energy Agreements Venezuela >> 6/7/2017 - The Vice President of Planning and Development and external director of Petroleos de Venezuela, SA (PDVSA), Ricardo Menendez, reported on the signing, between Venezuela and the PRC, of four strategic ...
Rosneft, PNOC Exploration Corporation and Pionaire Finance Limited Develop Cooperation
Russia >> 6/2/2017 - Rosneft, PNOC Exploration Corporation (Philippines) and Pionaire Finance Limited signed a trilateral Agreement on development of cooperation at the XXI St. Petersburg International Economic Forum. ...
Mammoet Completes Large Modernization Project at Polish Refinery
Poland >> 5/31/2017 - Mammoet finished the last lift on a large modernization project at LOTOS refinery in Gdansk, Poland. LOTOS is one of the largest refineries in the country. This project is led by Italian process engin...
Gazprom Neft Begins Installing Equipment for a New Advanced Oil Refining Complex at Omsk Refinery
Russia >> 5/29/2017 - Installation of major equipment has now begun at the construction site of the advanced oil refining complex (AORC) being built at Gazprom Neft’s Omsk Refinery, with 10 high-pressure heat exchangers be...
Refinery Operations - May 2017
Refinery Operations - May 2017 Austria >> 5/29/2017 - The refinery utilisation rate in the US averaged around 92% during April, corresponding to 17.0 mb/d. This represented an increase of more than 1 mb/d from the previous month’s level and was around 96...
ABB to Provide Life Cycle Services for New Plants of Fuyao Group
Swaziland >> 5/17/2017 - ABB announced that it will provide life cycle services for the new plants and float glass production lines of Fuyao Glass Industry Group Co., Ltd. (Fuyao Group), to help the user enhance equipment rel...
Quay Construction for Kuwait-China Refinery Complex Underway
China >> 5/17/2017 - The construction of a quay for a Kuwait-China refinery and petrochemical project in south China's Guangdong Province is scheduled to complete in September, the state-run China Daily reported. ...
China's Norinco & Saudi Aramco Line Up $10B Refinery Plan
China >> 5/16/2017 - Chinese defence conglomerate China North Industries Group Corp (Norinco) has signed a framework agreement with state-run oil company Saudi Aramco to build a refinery and chemicals complex in northeast...
LyondellBasell Begins Construction of Hyperzone PE Plant at its La Porte Complex
United States >> 5/15/2017 - LyondellBasell (LYB), one of the world's largest plastics, chemicals and refining companies, has broken ground on the first commercial Hyperzone polyethylene (PE) plant at its La Porte, Texas, complex...
Refinery Margins - May 2017
Refinery Margins - May 2017 Austria >> 5/15/2017 - The US market saw strong support from the rally in gasoline crack spreads. This was on the back of increasing domestic gasoline demand, which recovered following a slump during 1Q17. Another supporti...
Product Markets and Refinery Operations - May 2017
Austria >> 5/11/2017 - Product markets in the Atlantic Basin strengthened during April. This was supported by firmer domestic demand, amid higher export opportunities, which along with lower inflows due to heavy refinery ...
Major Equipment for New Euro+ Catalytic-Cracking Facility at Moscow Refinery Now Installed
Russia >> 5/4/2017 - Installation of a key element for the Euro+ combined oil refining unit (Euro+ CORU) at the Gazprom Neft Moscow Refinery is now complete. The installed reforming column — part of the secondary oil refi...
Refinery Operations - April 2017
Refinery Operations - April 2017 Austria >> 5/2/2017 - The refinery utilisation rate in the US averaged around 87% during March, corresponding to 15.9 mb/d. This represented an increase of around 300 tb/d above the previous month and was around 100 tb/d l...
Construction of a Cutting-Edge Railcar Loading Facility Starts at Omsk Refinery
Russia >> 4/20/2017 - Gazprom Neft has begun construction of an automated 1.2-million-tonnes-per-year railcar oil-products loading facility (AUTN-1) at its Omsk Refinery. The company’s total investment in this project is R...
Product Markets and Refinery Operations - April 2017
Austria >> 4/12/2017 - Product markets in the Atlantic Basin exhibited mixed performance during March, as a lack of export opportunities for gasoline amid increasing inflows of middle distillates to the region impacted the...
Asian Product Market - March 2017
Asian Product Market - March 2017 Oman >> 4/12/2017 - The Asian market got support from expectations of a more balanced market in the lead up to the onset of the regional maintenance season. This occurred amid stronger middle distillates demand fuelling ...

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