Refining
OMV: Refinery turnaround to shave $87 MM from Q2 operating profit
VIENNA (Reuters) -- Austrian oil and gas group OMV said on Thursday a six-week turnaround at its Schwechat refinery will shave off $87 MM from its second-quarter adjusted operating profit.
Venezuela's main refining complex working at 43% of capacity
(Reuters) -- The Paraguana Refining Center, which includes Venezuela's two largest refineries, is working at 43% of its installed capacity of 955,000 bpd, according to internal reports from its operator, state-run PDVSA, seen by Reuters on Wednesday.
ExxonMobil buys Singapore petchem plant, boosts output in Asia
SINGAPORE (Reuters) -- ExxonMobil Corp said on Thursday it has reached an agreement to buy a refining and petrochemical plant owned by Jurong Aromatics (JAC) in Singapore that will boost its output and meet demand in Asia.
Petrobras includes Texas refinery, African assets in divestment plan
SAO PAULO (Reuters) -- Petróleo Brasileiro SA will include its Pasadena, Texas refinery and its African assets in a divestment plan, the Brazilian state-controlled oil company said in a Wednesday securities filing.
Shell proposes adding Russian oil to Brent benchmark
LONDON (Reuters) -- Royal Dutch Shell on Wednesday urged oil pricing agency S&P Global Platts to protect the dated Brent crude benchmark from declining North Sea supply by including other grades, such as Russian Urals, in its price-setting process.
Russia boosts Urals oil flow to India as OPEC cuts output
MOSCOW (Reuters) -- Russia has steeply raised Urals oil supplies to India, taking market share from OPEC countries that are cutting production as part of a global pact to prop up prices, traders said and shipping reports showed on Wednesday.
UN reports sharp drop in Cuban exports of refined oil products
HAVANA/HOUSTON (Reuters) -- Cuban exports of refined oil products fell about 97% between 2013 and 2016, according to a United Nations trade report released this week, reflecting falling supplies from its political ally Venezuela.
Praj unveils India’s first integrated bio-refinery
PUNE, India -- Nitin Gadkari, India's Minister for Road Transport, Highways and Shipping, inaugurated Praj's cellulosic ethanol demonstration plant near Pune, India. It is India's first integrated bio-refinery.
Eni to build crude oil refinery in Nigeria
ABUJA (Reuters) -- Italian oil company Eni plans to build a crude refinery in Nigeria with capacity of 150,000 bpd through its Agip subsidiary, the country's oil minister said on Tuesday.
Calumet announces launch of uninhibited transformer oil
INDIANAPOLIS -- Calumet Specialty Products Partners, L.P., an independent producer of specialty hydrocarbon and fuel products, announced the launch of CALTRAN 60-00 Group U, a product that is the company's first uninhibited transformer oil.
- 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
