Uganda >> 4/10/2014 - Africa's dependency on fuel imports is likely to grow as its refining projects struggle to get off the ground, a Vitol director told a Reuters Africa Summit. ... |
Iran >> 4/9/2014 - Iran’s oldest oil refinery will be offering products of euro-4 quality in the current calendar year to March 2015, a top official said. ... |
South Sudan >> 4/3/2014 - Two new oil refineries in South Sudan, which would make Africa's newest nation less reliant on imported oil products, have been put on hold due to the conflict in the country, an oil ministry official... |
Argentina >> 3/23/2014 - A fire at an oil treatment plant in Argentina that raged for three days - largely destroying the facility and trimming state energy firm YPF's total output - was extinguished, the company said. ... |
Nigeria >> 3/20/2014 - The U.S. Trade and Development Agency awarded a grant to Honeywell Group Limited (Lagos, Nigeria) for a project that will assess different product streams for fertilizer and petrochemical facilities i... |
Austria >> 3/12/2014 - Product markets in the Atlantic Basin received support from re-opened arbitrage
of gasoline to the US East Coast (USEC), which allowed European margins to
reverse the downward trend seen in previous... |
Iraq >> 2/28/2014 - South Korean refiners are set to import about a quarter more Iraqi term crude this year, industry sources said, as oil from other Middle Eastern suppliers is squeezed out by higher pricing or limits o... |
Qatar >> 2/27/2014 - The petrochemicals industry is fast growing owing to the versatility of petrochemicals to be converted to various industrial and commercial products. The industry is on a steady growth with more inves... |
Ghana >> 2/25/2014 - Ghana's sole refinery, the Tema Oil Refinery (TOR), is close to signing a joint venture agreement with PetroSaudi International and a deal is expected soon, Ghanaian President John Mahama. The 45,000 ... |
United Arab Emirates >> 2/23/2014 - Co-hosted by Abu Dhabi Oil Refining Company Takreer, Abu Dhabi International Downstream Conference and Exhibition is the Middle East’s largest fully integrated downstream gathering. ADID brings togeth... |
Nigeria >> 2/20/2014 - The leader of Nigeria’s main Islamist militant group threatened to attack oil refineries and schools in the West African nation’s mainly Christian south. ... |
China >> 2/19/2014 - Eastern China's Shandong province has banned approvals of new oil refining projects, a state oil major said, the latest move to tackle overcapacity in the second largest oil consumer. ... |
Russia >> 2/14/2014 - In 2013, JSC Gazprom Neft’s Omsk Refinery increased the production of high-octane gasoline by 2.5% — to 4.2 million metric tons. Of this, 3.6 million metric tons met the Euro 5 standard, a figure whic... |
Austria >> 2/12/2014 - Severe winter weather in the US caused a spike in the price of US natural gas,
driving fuel substitution in power generation and boosting demand for heating
fuels, supporting the US product markets.... |
France >> 2/5/2014 - Refiners in France lost 700 million euros ($946 million) last year as oil-processing margins shrank and the country imported more than half the diesel it used. ... |
Senegal >> 2/3/2014 - Senegal will keep its one, ageing oil refinery in operation after the government completed a strategic review to determine its future, industry sources familiar with the matter said. ... |
Saudi Arabia >> 1/30/2014 - A major Red Sea oil refinery joint venture between Saudi Arabia and China is on schedule and expected to be operational in the third quarter of this year, state news agency SPA reported the kingdom's ... |
Russia >> 1/23/2014 - The Moscow Oil Refinery processed 11.08 million tons of oil in 2013, surpassing the result of the previous year by 3.8% and becoming a new record of the company. ... |
Austria >> 1/16/2014 - Product markets saw a mixed performance in December, with the top of the
barrel slightly strengthening, as naphtha continues strong on the back of higher
petrochemical demand; however, this improvem... |
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Canada >> 12/23/2013 - CB&I announced it has been awarded a contract valued in excess of $55 million by the North West Redwater Partnership (NWRP), a joint venture between North West Upgrading Inc. and Canadian Natural Upgr... |