Refining
Online Exclusive: Sunset Boulevard for delayed coking?
The following is an overview of Giacomo Rispoli’s presentation “Eni slurry technology: Achieving the goal of residue conversion.” Mr. Rispoli, Executive Vice President of Eni, presented this material at Hydrocarbon Processing’s International Refining and Petrochemical Conference (IRPC), which was held in Vienna, Austria, from June 6-8, 2017.
African government asking Dangote to complete refinery before 2019
LAGOS, Nigeria — The federal government in Africa has said it relies heavily on the Dangote refinery to fulfill its promise to Nigerians to end fuel importation by December 2019.
Refiner Phillips 66 quarterly profit beats estimates
(Reuters) — US independent oil refiner Phillips 66 reported a bigger-than-expected rise in quarterly profit helped by strength in its chemicals and refining units.
Asia traders consider sending diesel, jet fuel to Europe after Dutch refinery fire
SINGAPORE (Reuters) — Traders in Asia are considering shipping diesel and jet fuel to Europe after a fire at that region's largest oil refinery disrupted supplies and boosted fuel margins, five traders and shipbrokers said on Tuesday.
India refiners outshine Asia peers with new output, rising local demand
SINGAPORE/NEW DELHI (Reuters) — Indian refiners are outperforming their competitors in South Korea and Thailand as they have ramped up output from new fuel and chemical capacities to meet rising domestic demand that could further lift their earnings over the next 2 yr.
MMEX Resources Corp. announces land acquisition for Pecos County refinery project
FORT STOCKTON, Texas — MMEX Resources Corp., a development-stage company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, announced a purchase of 126 acres in Pecos County, Texas for the construction of its Phase I 10,000 bpd crude distillation unit near Fort Stockton, Texas.
US court decision may boost biofuels, hit refiners
NEW YORK (Reuters) — The US government may have to require more biofuels to be blended into the country's fuel supply after a court ruled on Friday that the mandates must be reconsidered, a decision that boosted renewable fuel credits to seven-month highs on financial markets.
Shell suspends Pernis refinery loadings after fire
LONDON (Reuters) — Royal Dutch Shell suspended loadings of oil products from its Pernis refinery in the Netherlands following a fire at the plant, the company said in a statement to traders on Sunday.
US oil sale ban to Venezuela's PDVSA would hit refining, blending
HOUSTON (Reuters) — Potential US sanctions on sales of light crude to Venezuela's oil company PDVSA would hamper its already weak refining network while leaving at least one tanker in limbo, according to a source from the state-run firm and Thomson Reuters data.
API: Petroleum demand last month highest for June since 2007
WASHINGTON — Total petroleum deliveries moved up 2.6% from June 2016 and were up by 1.0% from May to average 20.3 MMbpd in June, according to the American Petroleum Institute. These deliveries were the highest deliveries for the year and the highest deliveries for the month of June in 10 yr, since 2007.
- Borouge reaffirms commitment to local manufacturing with new industry supply agreements 1/10
- Update: Turkey's Izmir refinery now expects to restart crude unit in Feb, IIR says 1/10
- Pertamina unit to produce ISCC-certified SAF in 1Q 1/10
- WTO panel largely backs EU in palm oil case against Indonesia 1/10
- Howard Energy Partners acquires ethylene pipeline from EPIC Midstream Holdings 1/10
- U.S. to impose further sanctions on Russian oil fleet and traders 1/10