Oil Treating & Refining News

Imports, Not Refineries, to Meet Africa's Rising Fuel Needs
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. ...
Abadan Refinery to Supply Euro-4 Products
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 Refineries on Hold Due to Conflict
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...
Fire at Argentine Oil Treatment Plant Put Out after 3 Days
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. ...
USTDA Supports New Petrochemical Production in Nigeria
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...
Product Markets and Refinery Operations - Mar 14
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...
South Korean Refiners to Buy Crude From Iraq
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...
Conference in Doha to Highlight Developments in Petrochemicals
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's Tema Oil Refinery Close to Deal with PetroSaudi
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 ...
Abu Dhabi International Downstream Conference and Exhibition
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...
Islamist Militants Vow to Bomb Nigerian Refineries
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's Shandong Province Bans New Oil Refining Projects
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. ...
Omsk Refinery Increases Production of Gasoline by 2.6 Factor IN 2013
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...
Product Markets and Refinery Operations - Feb 14
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....
French Refiners Lost $946m in 2013 as Margins Shrank
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 to Keep Refinery Running after Strategic Review
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. ...
New Saudi-Sinopec Yanbu Refinery on Track in Q3
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 ...
Moscow Refinery Processed More Than 11 million tons of Oil in 2013
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. ...
Product Markets and Refinery Operations - Jan 14
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...
CB&I Awards EPC Contract for Bitumen Refinery Tank
CB&I Awards EPC Contract for Bitumen Refinery Tank 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...

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