Oil Treating & Refining News

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...
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. ...
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...
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 ...
Nigeria's Warri Oil Refinery Back Online
Nigeria >> 4/8/2017 - Nigeria's Warri oil refinery is up and running after a period of maintenance, and operating at 60 percent of its installed capacity, a spokesman for state oil firm Nigerian National Petroleum Corporat...
Nigeria Pushes to Legalize Illicit Refineries
Nigeria >> 4/6/2017 - Nigeria aims to legalise illicit oil refineries in the turbulent Niger Delta region, the vice-president's office said, hoping to bring peace to the production heartland for the crude on which the coun...
Bahrain's Bapco Starts Talks with Contractors on Sitra Expansion Bids
Bahrain >> 4/3/2017 - State-run Bahrain Petroleum Co (Bapco) has started two weeks of negotiations with international contractors to clarify bids to expand the Sitra oil refinery, estimated to cost around $5 billion. ...
Oman, Kuwait to Sign Deal for Duqm Refinery
Oman >> 4/1/2017 - Kuwait will sign a partnership agreement with Oman for Duqm refinery near the port in the Al Wusta region on April 10, Kuwait's oil minister said. The 230,000 barrel per day facility is part of the va...
Refinery Operations - March 2017
Refinery Operations - March 2017 Austria >> 3/30/2017 - The refinery utilisation rate in the US averaged around 85% during February, corresponding to 15.6 mb/d. This represented a sharp drop of around 800 tb/d compared to the previous month and was around ...
2nd International Caspian & Central Asia Downstream Forum will be Held in April 2017
Azerbaijan >> 3/30/2017 - SOCAR 2nd International Caspian and Central Asia Downstream Forum - Trading, Logistics, Refining, Petrochemicals dedicated to 94th anniverisary of the National Leader of Azerbaijan Heydar Aliyev will ...
Long-operating Shuaiba Refinery Shuts down in April 2017
Kuwait >> 3/29/2017 - The long-operating Shuaiba refinery will shut down on April first after years of contributing to Kuwait's economic welfare and progress. An event will initiate the closure process. The refinery, owned...
Taiwan's CPC to Start Trial Runs at New Refining Units in May
Taiwan >> 3/27/2017 - State-run Taiwanese refiner CPC Corp said on Monday it plans to start trial runs at new refining units located in the south of the country in May, delayed from earlier this year. ...

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