Gasoline
Delta Air looks at buying ConocoPhillips refinery
Burdened by the soaring cost of jet fuel, Delta is thinking of making some of its own by acquiring the idled 185,000 bpd Trainer refinery near Philadelphia, sources say.
Chevron sees downstream margins up in refining, down in marketing
US energy major Chevron says its downstream earnings in the first quarter are expected to be higher, reflecting improved refining and chemicals margins, lower operating expenses, and gains on asset sales. International refinery crude-input volumes were up slightly compared to the fourth quarter.
Phillips 66 to focus on chemical, pipeline units, less on fuels - CEO
The ConocoPhillips downstream spinoff will focus on growing its chemical and midstream segments at the expense of refining due to the weak outlook for fuel demand.
HP Construction: North America
Boardwalk Pipeline Partners, L.P. has selected Exterran to design, manufacture and construct a natural gas-processing plant in South Texas. The project includes engineering, procurement and constructi..
HP Construction: Europe
CB&I’s Lummus Technology business sector has been awarded two separate contracts by a client in Russia. The combined value of the contracts is approximately $120 million. The first contract was a..
HP Construction: Middle East
Siemens Industry Automation Division is providing Abu Dhabi Oil Refining Co. (Takreer) with a Zimpro wet-air oxidation (WAO) system to treat refinery spent caustic as part of Takreer’s refinery e..
HP Construction: Asia Pacific
The Shaw Group Inc. has a contract to provide the technology license and process design package for the revamp of Star Petroleum Refining Co.’s residue fluid catalytic-cracking (RFCC) unit in Map..
Essar finishes Vadinar refinery expansion in India
Essar Oil on Friday announced the completion of the $1.81 billion expansion of its Vadinar refinery with the successful commissioning of the final delayed coker unit (DCU), which is amongst the world's largest. The expansion gives the Vadinar refinery the capability to process much heavier crude diet.
UK strike threat boosts Europe oil product demand
Surging retail fuel sales in the UK amid a threat of a tanker drivers strike are supporting demand in Europe's diesel and gasoline markets. The higher premiums often provide a temporary boost to the struggling European refining sector, as they translate into higher profit margins.
US Senate defeats bid to end 'big oil' subsidies
Senate Republicans united to block a Democratic attempt to end roughly $20 billion in federal subsidies to the largest oil and gas companies, in a largely political vote that had little chance of approval. Democrats argued that ending unnecessary taxpayer subsidies would have no effect on the price of gasoline.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
