Oil Treating & Refining News
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Austria >> 12/23/2012 - US gasoline demand stood at around 8.7 mb/d in November, increasing by 150 tb/d from the previous month and up by around 200 tb/d from the same month last year. Despite the recent rise due to the Than... |
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Taiwan >> 12/23/2012 - The Asian market retreated under the pressure of increasing supplies, easing the tight situation seen in previous months, and the cracks weakened across the barrel — with the exception of naphtha, whi... |
| Pakistan >> 12/19/2012 - Byco Oil Pakistan Limited announced the completion of the country’s largest oil refinery at Mouza Kund, District Lasbella, Balouchistan. At present the Refinery is in state of pre-commissioning and pr... |
| Argentina >> 12/14/2012 - Brazil's state-controlled oil company Petrobras will put assets in neighboring Argentina up for sale, Argentine daily newspaper La Nacion reported, quoting unnamed sources. ... |
| Austria >> 12/12/2012 - Product markets in November continued declining, due to further losses at the top and bottom of the barrel. Gasoline cracks continued to plummet worldwide, following seasonal low demand amid increasin... |
| Libya >> 12/11/2012 - Prominent United Arab Emirates group Al Ghurair said it had no intention yet of selling its half ownership of Ras Lanuf, Libya's biggest refinery, but also had not decided whether to go ahead with inv... |
| Iran >> 12/9/2012 - South Pars Gas Complex cooperates with more than 400 local manufacturers in order to meet its needs to equipment and parts used in refining industry. ... |
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Austria >> 12/8/2012 - US gasoline demand stood at around 8.6 mb/d in October, dropping 80 tb/d from the previous month and down by around 20 tb/d from the same month last year. The demand picture in the US remains disappoi... |
| Egypt >> 11/30/2012 - Prime Minister Dr. Hisham Qandeel held a meeting on the future vision for the development of oil refineries in order to meet the local market's needs of petroleum products. The meeting was attended by... |
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Russia >> 11/26/2012 - The Gazprom Neft Board has reviewed the progress of the company’s oil refineries modernization and upgrade program. ... |
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South Korea >> 11/24/2012 - Asian markets remained relatively well-balanced as increasing supplies eased the tight situation and the cracks remained stable at the top and middle of the barrel. Fuel oil weakened further, due to a... |
| Japan >> 11/22/2012 - INPEX CORPORATION (INPEX) has decided to terminate the refining business at the
Kubiki Refinery in mid-December this year. INPEX’s wholly-owned subsidiary Teiseki
Topping Plant Co., Ltd. (TTP) has b... |
| Kazakhstan >> 11/21/2012 - ABB, the leading power and automation technology group, has won an order worth around $11 million, from JSC OGCC KazStroy Service, an EPC contractor, for high and medium voltage substation equipment t... |
| Austria >> 11/10/2012 - Product markets showed a mix performance during the past month. Middle distillates continued stronger worldwide on the back of tight sentiment for that product ahead of the winter season, while gasoli... |
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Russia >> 11/9/2012 - All diesel fuel manufactured at the LUKOIL-owned Volgograd refinery is now Euro 5 compliant. The switchover to the new standard became possible due to the commissioning, in Q3 of 2012, of a new diesel... |
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Austria >> 11/7/2012 - US gasoline demand stood at around 8.7 mb/d in September, after peaking in August at 9.1 mb/d, and were down by around 30 tb/d from the same month a year earlier. It picked up in August with the summe... |
| Oman >> 11/6/2012 - Mina Al Fahal Refinery affiliated to Oman Oil Refineries and Petroleum Industries Company (Orpic) resumed operations of the main unit, which separates crude oil after the facility was temporarily shut... |
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Libya >> 11/5/2012 - Protests outside western Libya's main oil refinery shut down operations for a second day on Monday, causing long queues at petrol stations in the capital Tripoli, a refinery spokesman said. ... |
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Russia >> 11/1/2012 - TNK-BP informs that by 2016 it will invest $97 mln in the construction of a free sulphur recovery unit at the Ryazan Oil Refinery Company (RORC). ... |
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China >> 10/31/2012 - Asian markets led to an easing of the tight situation, with increasing supplies causing cracks to retreat, despite healthy demand. Gasoline and fuel oil weakened, while naphtha and gasoil remained rel... |
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