Oil Treating & Refining News

Product Markets and Refinery Operations - Feb 13
Austria >> 2/12/2013 - Product markets in January reversed the declining trends seen since October. The gasoline market became temporarily bullish on the back of tightening sentiment, with inventories falling in the At...
Tender for Port of Duqm Liquid Terminal by Year-End
Oman >> 2/5/2013 - Plans for the development of a major Liquid Terminal at the Port of Duqm, designed to cater to the needs of a world-scale oil refinery as well as a future hydrocarbon-based industry in the Special Eco...
Ventech Nears Completion of A Crude Stabilizer Unit
Iraq >> 2/1/2013 - Ventech Engineers LLC is nearing completion on the Khurmala Crude Stabilizer Unit, a project being engineered and fabricated for the KAR Group, an Iraqi oil and gas company. The stabilizer will serve ...
The Start Of The 3rd Refining Unit Operation in Basra
Iraq >> 1/29/2013 - Mr. Abdulkareem Liaybi, the minister of oil announced for the initiation to starting the third refining unit (70 thousand Barrels/ Day) in the southern refineries in Basra Governorate. ...
TNK-BP to Invest $60M in Hydrocarbons Sulfur Removal Facility at RORC
Russia >> 1/25/2013 - TNK-BP reports that it will invest over $60 mln in the construction of a hydrocarbons sulfur removal facility at CJSC Ryazan Oil Refinery Company (RORC, part of the TNK-BP Group). The facility is plan...
Continuous Improvement System at RORC Saved $80M
Russia >> 1/18/2013 - TNK-BP informs that the economic effect from the implementation of the continuous improvement program at Ryazan Oil Refinery Company (RORC, a TNK-BP Group company) amounted more than $80 mln in 2012. ...
Omsk Oil Refinery Refined 20.95m Tons of Oil in 2012
Russia >> 1/17/2013 - The Omsk Oil Refinery increased its total volume of oil refined from 2011 to 2012 by 5 percent, up to 20.95 million tons. The depth of refining in 2012 was 88.83 percent, which is one of the best resu...
Product Markets and Refinery Operations - Jan 13
Austria >> 1/16/2013 - Product markets in December continued declining in the Atlantic Basin as sentiment remained bearish with supplies increasing, following the return of refineries from seasonal maintenance. A lack of su...
Imam Khamenei Gas Refinery to be Constructed by ICOFC
Imam Khamenei Gas Refinery to be Constructed by ICOFC Iran >> 1/8/2013 - Iranian Central Oil Fields Company (ICOFC) has started designing and construction of the first national gas processing plant named Imam Khamenei. ...
KBR’s 1st Veba Combi Cracker Technology Processing Unit in Russia
Russia >> 12/28/2012 - In February 2012, KBR signed an agreement with TAIF-NK to establish a Veba Combi Cracker (VCC) technology processing unit to be implemented at the Nizhnekamsk refinery in the Republic of Tatarstan, Ru...
Asian Product Markets and Refinery Operations – Dec 2012
Asian Product Markets and Refinery Operations – Dec 2012 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...
US Product Markets and Refinery Operations – Dec 2012
US Product Markets and Refinery Operations – Dec 2012 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...
Completion of Pakistan's Largest Oil Refinery
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...
Petrobras Opens Bids for Argentine Assets
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. ...
Product Markets and Refinery Operations - Dec 12
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...
AlGhurair Has No Plans to Sell Stake in Libya Refinery
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...
400 Iranian Companies Making Equipment for SP
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. ...
US Product Markets and Refinery Operations – November 2012
US Product Markets and Refinery Operations – November 2012 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...
Qandeel Discusses the Oil Refineries Development
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...
Gazprom Neft Reviews the Refinery Upgrade Program
Gazprom Neft Reviews the Refinery Upgrade Program 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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