Oil Treating & Refining News
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China >> 4/24/2013 - The Asian market became bearish on the back of weak regional demand which — along with increasing supplies — caused cracks to fall, despite heavy maintenance in the region. The gasoline cra... |
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United States >> 4/20/2013 - US gasoline demand stood at around 8.5 mb/d in March, a level similar to that of the previous month, but down by around 170 tb/d from the same month a year earlier. The gasoline cracks managed to keep... |
| Uganda >> 4/15/2013 - Uganda, France's Total and China's CNOOC have agreed to build a small oil refinery in the east African country, Uganda's government said, in a step towards resolving disagreements that have delayed co... |
| Algeria >> 4/15/2013 - Algeria plans to double its oil refining capacity in the next five years by building 6 new refineries, Oil Minister Youcef Yousfi said on a visit to Britain. ... |
| Austria >> 4/12/2013 - Product markets showed a mixed performance in the second half of last year. Gasoline and middle
distillates were bullish, due to the tight market during the driving season. Stocks fell below their fi... |
| Austria >> 4/12/2013 - Product markets turned bearish during March — losing the ground gained over the
previous months — due to declines in light and middle distillate cracks. Markets
weakened under the pressure of increa... |
| Pakistan >> 4/11/2013 - As part of the new vision of Pakistan State Oil (PSO) to make the leading public sector company an integrated energy company and with the determination to secure Pakistan?s energy supply chain, PSO ha... |
| Russia >> 4/5/2013 - The Omsk Oil Refinery has begun developing design specifications and cost estimates for production facilities that are planned for construction and modernization as part of the second stage of the ref... |
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Australia >> 4/4/2013 - The proposed sale of the 120 kb/d refinery is in line with Shell’s global strategy to concentrate investment on large scale sites, such as the company’s world scale Pulau Bukom refinery in Singapore. ... |
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China >> 4/2/2013 - The Asian market continued its recovery on the back of firm regional demand which, along with the expectations of tighter regional supplies, allowed cracks to improve. ... |
| Saudi Arabia >> 3/26/2013 - Saudi Arabian Oil Co., the world’s biggest crude exporter, also expects to become the top producer of refined products such as fuel and petrochemicals, according to Khalid al-Falih, the company’s chie... |
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Austria >> 3/17/2013 - US gasoline demand stood at around 8.5 mb/d in February, increasing around 100 tb/d from the previous month but down by around 170 tb/d from the same month a year earlier. The gasoline cracks strength... |
| Iran >> 3/16/2013 - Iran biggest gasoline production plant with an output capacity of 16 million liters (ml) of petrol per day has been inaugurated by Iranian president Mahmoud Ahmadinejad near the central city of Shazan... |
| Austria >> 3/12/2013 - Product markets continued the upward trend during February. The top of the
barrel became more bullish on the back of tightening sentiment, with gasoline
inventories falling in the Atlantic Basin ami... |
| Iraq >> 3/12/2013 - Iraq has selected seven international oil companies (IOCs) to bid to develop its Nassiriya oilfield and build a refinery as part of plans to expand the country's downstream operations, the oil ministr... |
| Oman >> 3/12/2013 - Orpic said that the fire damage at its Sohar Refinery is limited to the Wet Gas Scrubber, a secondary unit within the plant. The unit has been fenced off and the company is in the process of restartin... |
| Kuwait >> 3/9/2013 - A fire described as "limited", which broke out at Mina Abdullah refinery, has been extinguished causing no casualties, said the Kuwait National Petroleum Company (KNPC). The fire, which occurred in th... |
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Pakistan >> 2/22/2013 - The Asian market continued its recovery on the back of firm seasonal demand for utilities supporting middle distillates and fuel oil cracks. Furthermore, the expectations of tighter regional supplies ... |
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Austria >> 2/21/2013 - US gasoline demand stood at around 8.4 mb/d in January, falling around 150 tb/d from the previous month and up by around 170 tb/d from the same month a year earlier. US gasoline demand continued to be... |
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Pakistan >> 2/21/2013 - Pakistan’s Advisor to Prime Minister on Petroleum and Natural Resources, Dr. Asim Hussain, said Iran with the cooperating with Pakistan state oil (PSO) will step up an oil refinery at south western ci... |
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