Refining
Wood Group awarded 5-yr maintenance contract for Phillips 66 refinery
HOUSTON — Wood Group has been awarded a 5-yr, multimillion dollar contract by Phillips 66 to provide supplemental maintenance services and support for small capital construction projects and turnarounds to the Sweeny Refinery, approximately 65 mi southwest of Houston.
Rosneft, Trafigura close $12.9 B purchase of India's Essar Oil refinery
MUMBAI (Reuters) — Russian oil major Rosneft and partners closed their $12.9 B purchase of Indian refiner Essar Oil on Monday, giving them a foothold in one of the world's fastest growing oil users.
Refiner Valero's secret campaign against US biofuels mandates
(Reuters) — US biofuels regulations, which mandate mixing corn-based ethanol into gasoline, have lately drawn together a diverse cast of political opponents.
Tatneft to double TANEKO's refining capacity in 2017
MOSCOW (Reuters) — Russian mid-sized oil producer Tatneft plans to double the capacity of its TANEKO oil refinery to 14 MMt this year, TANEKO General Director Leonid Alekhin told Reuters.
Glencore, Chevron enter Mexico's recently opened fuel market
MEXICO CITY (Reuters) — US energy company Chevron Corp and trading firm Glencore on Thursday announced separate plans to enter Mexico's fuel market, as the long-hidebound sector begins to attract major foreign players.
Vietnam crude oil imports to hit record as refinery gets ready to start
SINGAPORE (Reuters) — Vietnam's crude oil imports will soar to record highs in August as the country ramps up fuel refining at a time when local crude output is dwindling.
Saipem awarded onshore $850 MM E&C contract for Kuwait pipeline, refinery project
San Donato Milanese — Saipem has been awarded a new contract in the onshore E&C sector worth approximately $850 MM. Activities involve engineering, procurement, construction and commissioning for the “Feed Pipelines for New Refinery Project (NRP)” in relation to the development of the new Al Zour refinery located in the south of Kuwait.
EIA: US crude stockpiles fall the most in nearly a year
NEW YORK (Reuters) — US crude oil inventories fell for the seventh consecutive week in their largest drawdown in nearly a year while exports and production continued to rise, the Energy Information Administration said on Wednesday.
XOS launches analyzer for testing critical elements in petroleum refineries
ALBANY, N.Y. — XOS has announced the worldwide release of Petra MAX, a new D4294 analyzer with combined analysis of 13 elements from P to Zn. Petra MAX delivers high-precision sulfur analysis in addition to rapid monitoring of critical elements like Ca, Fe, K, Ni, and V at sub-ppm levels.
Iraq sets up oil shipping, trading joint venture
DUBAI (Reuters) — OPEC member Iraq has formed a JV with a shipping company owned by Arab states to transfer, store and trade crude and oil products, according to official documents and industry sources.
- 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
