Refining
Russia set to pipe more oil to China, stepping up race with Saudis
BEIJING/MOSCOW (Reuters) — Chinese oil refineries are gearing up to receive more Russian oil transported through an expanded Siberian pipeline network from January, likely cementing Russia's position as China's largest oil supplier in a close race with Saudi Arabia.
Russia's Lukoil puts Italian refinery up for sale
LONDON (Reuters) — Lukoil is seeking to sell its ISAB oil refinery complex in Italy as part of the Russian firm's review of its overseas operations, two industry sources said on Wednesday.
Icahn's oil refiner CVR starts unwinding biofuels bet
NEW YORK (Reuters) — Carl Icahn’s refining company CVR Energy has begun buying biofuel credits for the first time in months, a sign the firm is starting to unwind a massive short position in the niche market, according to two sources familiar with the matter.
China's crackdown on excess may target oil refiners next
BEIJING (Reuters) — China’s oil refining and chemical sector, including coal-to-gas plants, may be the next target of Beijing’s campaign against overcapacity if it keeps expanding, said a government think-tank official on Wednesday.
ClearSign Texas refinery project successfully concludes operational testing
SEATTLE — ClearSign Combustion Corporation, a leading of industrial combustion technologies that deliver unmatched reduction of pollutant emissions while improving operational costs, announced that it had successfully completed the first installation of the Duplex Plug and Play, for industrial process heaters at a refinery in Texas.
Iran plans to trim condensate exports to Asia in October
SINGAPORE/BEIJING (Reuters) — The National Iranian Oil Co has informed buyers in Asia that it could reduce condensate exports in October because of maintenance at the South Pars gas field, six industry sources said on Tuesday.
Taiwan suspends oil exports to North Korea, imports of clothing
TAIPEI (Reuters) — Taiwan has suspended refined oil and LNG exports to North Korea, as well as clothing and textile imports, to comply with United Nations resolutions, a largely symbolic move by the island to show it is a responsible member of the international community.
CB&I to supply storage tanks for Greenfield refinery project in Oman
THE WOODLANDS, Texas — CB&I announced a consortium between CB&I and Saipem S.p.A. has been awarded a contract by Duqm Refinery and Petrochemicals Industries Company L.L.C. (DRPIC) for EPC Package 3 for the Duqm Refinery Project.
China's private-led refinery complex in Zhejiang to start operations in 2020
(Reuters) — China’s first private-led refinery complex in the eastern province of Zhejiang is expected to start operations in 2020, China Securities News reports, citing a provincial governor, a timeline behind what the company had earlier predicted.
Bahrain to sign Bapco's expansion contracts before year end
DUBAI (Reuters) — Bahrain’s oil minister said on Sunday he expects expansion contracts for Bahrain Petroleum Company (Bapco) to be signed before the end of the year, state news agency BNA reported.
- U.S. fuel ethanol exports rise on strong international demand and low U.S. prices 11/6
- LanzaTech and Eramet plan integrated CCUS project in Norway 11/6
- DG Fuels to launch SAF plant in Minnesota (U.S.), converting biomass into high-value fuel 11/6
- Marathon Petroleum's 3Q profit beats, boosts share buybacks by $5 B 11/6
- U.S. crude stocks, gasoline and distillate inventories rise 11/6
- Fire at Tupras oil refinery in Turkey wounds 12 11/5
