Distillation
Idemitsu restarts Yokkaichi's No. 3 CDU on Aug 11 after maintenance
Japanese oil refiner Idemitsu Kosan restarted the 155,000-bpd No.3 crude distillation unit at its Yokkaichi refinery in central Japan on August 11, following scheduled maintenance, a company spokesperson said.
South Korea to announce plan to restructure petrochemical sector facing 'grave' situation
South Korea's government will announce a plan this month to restructure the country's petrochemical sector, which is in a "grave" situation, Industry Minister Kim Jung-kwan said.
U.S. crude oil and distillate inventories rise, gasoline stockpiles fall
U.S. crude inventories unexpectedly rose as imports increased, while gasoline stockpiles fell last week, the Energy Information Administration said.
Citgo Petroleum returned to profit in the second quarter
Venezuela-owned U.S. refiner Citgo Petroleum registered net income of $100 million in the second quarter vs. a $25 million loss in the same quarter last year, finishing the period with liquidity of $2.6 billion.
Japan's Eneos shuts 77,000-bpd Kawasaki No.3 CDU for maintenance
Japan's biggest refiner, Eneos Corp, has shut the 77,000 barrel-per-day No. 3 crude distillation unit at its Kawasaki refinery, near Tokyo, on August 9 for scheduled maintenance
India's HMEL plans to shut refinery for 40-day maintenance, sources say
India's HPCL-Mittal Energy Ltd (HMEL) plans to shut its Bathinda oil refinery in the northern Punjab state for about 40 days from early November for maintenance
Argentina's YPF to invest $400 MM in sustainable jet fuel venture
Argentine state oil firm YPF will invest around $400 MM as part of a new JV to produce and sell sustainable aviation fuel (SAF).
Dangote appoints ex-Shell executive to lead refinery amid expansion drive
Nigeria’s Dangote Group has appointed David Bird, a former Shell executive and ex-CEO of 0Q8 refinery in Oman, as chief executive of its refinery and petrochemical division, as it accelerates its pan-African growth strategy.
China's Shandong Yulong Petrochemicals to invest > $16 B to incorporate petrochemicals production at Yantai refinery
China's Shandong Yulong Petrochemical plans to invest $117.86 billion yuan ($16.42 billion) to produce chemicals at its refinery complex in Yantai, according to a government notice detailing the provisional plan.

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