Oil Treating & Refining News

CGI to Enter Crushing and Refining Business of High-Value Added Edible Oil
United States >> 12/26/2016 - Columbia Grain Inc. (“CGI”), a 100% owned subsidiary of Marubeni Corporation (“Marubeni”), is pleased to announce that it has entered into a LLC membership purchase and sale agreement for purchasing a...
Refinery Operations – December 2016
Refinery Operations – December 2016 Austria >> 12/26/2016 - Following the peak of the global refinery maintenance season, which had more than 6 mb/d of capacity off-line in October, throughputs have been on the rise during November. Refinery utilization in the...
Qatargas Announces the Commercial Start-up of Laffan Refinery 2
Qatar >> 12/24/2016 - Qatargas announced the commercial start-up of Laffan Refinery 2, marking a major milestone in the expansion of refining capacity in the State of Qatar. The project will refine 146,000 barrels per day ...
Lukoil Commissions Diesel HDA Block at Perm Refinery
Russia >> 12/23/2016 - LUKOIL has successfully completed reconstruction of the diesel fuel hydrodearomatization block of the hydrocracker at Perm Refinery, accommodating it for hydrodewaxing. This modernization will allow t...
China's Sinopec Starts Construction of Zhanjiang Refinery
China >> 12/21/2016 - China's Sinopec Group has begun construction of a long-planned refinery and petrochemical complex in the southern city of Zhanjiang, the company said on its website on Wednesday. ...
Gazprom Neft & Yokogawa Sign Agreement On Establishing International Innovation Centre
Russia >> 12/16/2016 - Gazprom Neft CEO Alexander Dyukov and President of Yokogawa Electric Corporation Takashi Nishijima have signed an agreement on the establishment of an international innovation centre for automation in...
Product Markets and Refinery Operations - December 2016
Austria >> 12/14/2016 - Product markets showed a mixed performance in the Atlantic Basin during November. Refining margins got some support from the positive performance at the bottom of the barrel on the back of a tightenin...
CNOOC Will Start New Huizhou Refinery in Q2 of 2017
China >> 12/14/2016 - China National Offshore Oil Corp, or CNOOC, is expected to start operating a new refinery in southern China in the second quarter of 2017, with Saudi Arabia as the potential crude supplier, three sour...
CNOOC Will Start New Huizhou Refinery in Q2 o 2017
China >> 12/14/2016 - China National Offshore Oil Corp, or CNOOC, is expected to start operating a new refinery in southern China in the second quarter of 2017, with Saudi Arabia as the potential crude supplier, three sour...
Bahrain's Bapco Gets Bids for $5B Refinery Expansion
Bahrain >> 12/9/2016 - Bahrain Petroleum Company (Bapco) has received bids from international construction companies to expand its Sitra oil refinery, industry sources said. It aims to boost the processing capacity of the G...
US Market and Refinery Operations - November 2016
US Market and Refinery Operations - November 2016 United States >> 12/5/2016 - US gasoline demand stood at around 9.1 mb/d in October, approximately 240 tb/d lower than in the previous month and more than 150 tb/d lower than in the same month a year earlier. ...
No Output Change at Eni's Sannazzaro Refinery After Fire
Italy >> 12/2/2016 - Output at Eni's Sannazzaro refinery in northern Italy have not been affected by a fire that broke out there on Thursday, an Eni spokesman told Reuters on Friday. ...
Socar Trading Expands Crude Team to Target Chinese Refiners
Azerbaijan >> 11/30/2016 - Azeri state oil company Socar's trading division has hired three new crude traders who will be based in London with a view to targeting the Chinese market, its chief executive told Reuters on Tuesday....
Refinery Operations - November 2016
Refinery Operations - November 2016 United States >> 11/28/2016 - Refinery utilization in the US averaged around 86% in October, corresponding to 15.5 mb/d, falling sharply by around 1 mb/d versus the previous month, though achieving a level similar to that of the s...
Installation of the Large-Scale Equipment at the TANECO Complex
Russia >> 11/23/2016 - Erection of CDU/VDU-6 installation’s preflash and atmospheric towers into the design position was carried out at the TANECO Complex. ...
Indian Oil Plans $5.5 Bln Expansion of Refinery Co-owned by Iran
Iran >> 11/23/2016 - An Indian Oil Corp unit plans to invest $5.5 billion to gradually raise the capacity of its smallest refinery co-owned by Iran to 300,000 barrels per day (bpd), its chairman said, to help meet a surge...
Venezuela Refinery Network Operating at Roughly a Third
Venezuela >> 11/23/2016 - Oil-rich Venezuela's refinery network was operating at about a third of capacity, according to union sources and workers, as state oil company PDVSA struggles with equipment issues after years of unde...
Uganda Names Sinopec among Firms Interested in Refinery
Uganda >> 11/22/2016 - Oil firms including China's Sinopec have expressed an interest in developing Uganda's planned oil refinery and an investor for the project will be selected by February 2017, a top government official ...
Albanian Refinery Fire Kills One & Flames Put Out
Albania >> 11/11/2016 - An explosion at an Albanian-U.S.-owned refinery in the southern area of Ballsh overnight killed one person and wounded seven others, causing an enormous fire that was put out. ...
Product Markets and Refinery Operations - November 2016
Austria >> 11/11/2016 - Product markets in the Atlantic Basin continued strengthening during October on the back of positive performance at the middle of the barrel as stronger demand and falling inventories allowed gasoil...

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