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Economics

Total, Glencore and Gunvor bidding for Chevron's South African assets

Total, Glencore and Gunvor are bidding for a 75% stake in Chevron's South African downstream assets, which include a refinery.

Angola becomes China's biggest oil supplier in September

Angola became China's largest crude supplier for the second time in September, taking the top position from Russia.

Saudi Aramco denies bidding for Lyondell's Houston refinery

Saudi Arabian state oil giant Saudi Aramco denied it had bid for the purchase of LynodellBasell Industries NV's refinery in Houston.

S. Korea's GS Caltex buys North Sea Forties crude for January arrival

The narrowing of Brent's premium to Dubai swaps this month has prompted Asian refiners like GS Caltex to turn their attention to arbitrage crude from Europe.

HollyFrontier in the lead to acquire Petro-Canada lubricants

US oil refiner HollyFrontier Corp. is in advanced talks to acquire Suncor Energy Inc.'s Petro-Canada lubricants division for a little over $1 B.

Hoover Container Solutions, Ferguson Group and CHEP Catalyst & Chemical Containers complete merger

Hoover Container Solutions, Ferguson Group and CHEP Catalyst & Chemical Containers have finalized their merger to form the independent JV company, Hoover Ferguson Group.

SPIE to provide commissioning management support to KNPC Clean Fuels Project

SPIE Oil & Gas Services has been awarded a 5-year contract with Kuwait National Petroleum Co. under the Clean Fuels Project which is currently in the EPC phase of implementation.

Lyondell's Houston refinery draws bids from Aramco, Valero, Suncor

At least three firms including Saudi Arabian state oil giant Saudi Aramco have bid over $1 B for LyondellBasell's refinery in Houston.

UAE's ENOC to self-fund refinery expansion

Emirates National Oil Co. has decided it will self-finance the $1-B expansion of its Jebel Ali oil refinery.

Ivory Coast says to organize debt relief for state oil refinery

Ivory Coast will organize debt relief for the state oil refinery using public and private funds.

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