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Refining

IRPC '17: Refiners consider MARPOL impacts, electric vehicle trend

Hydrocarbon Processing Staff: Blume, Adrienne

NEW DELHI, INDIA—Sanjay Shah, Group Manager for Jacobs Consultancy Ltd., presented a second keynote address on Day 2 of IRPC 2017. He spoke about evolving trends in the refining market with respect to shifts in fuel preferences, and the impacts of MARPOL legislation.

ExxonMobil, SABIC select location for proposed petchem project on US Gulf Coast

HOUSTON -- ExxonMobil Chemical Company and SABIC each announced the selection of a site in San Patricio County, Texas for potential development of a jointly owned petrochemical complex on the US Gulf Coast.

CB&I awarded additional tech contract for ZPC's refinery in China

THE WOODLANDS, Texas -- CB&I announced it has been awarded a contract by Zhejiang Petroleum and Chemical Co. Ltd. for the license and engineering design of a single-train 220 kta diphenyl carbonate (DPC) unit, based on Versalis technology, for a refining and petrochemical complex in China.

E. Coast refiner shuns Bakken delivery as Dakota Access Pipeline starts

NEW YORK (Reuters) -- Philadelphia Energy Solutions Inc, the largest refiner on the US East Coast, will not be taking any rail deliveries of North Dakota's Bakken crude oil in June, a source familiar with delivery schedules said on Tuesday—a sign that the impending start of the Dakota Access Pipeline is upending trade flows.

IRPC '17: WoodMac Director sees demand pull shifting from China to India

Hydrocarbon Processing Staff: Blume, Adrienne

NEW DELHI, INDIA—Sushant Gupta, Research Director of Asia-Pacific Refining for Wood Mackenzie, opened the plenary session of IRPC 2017 with a global view of the future of the refining and petrochemicals sectors.

Falling crude boosts Asia refining margins, spreads steady

DUBAI (Reuters) -- Asia's refining margin for 180-cst fuel oil against Dubai crude rose to a 5-week high on Tuesday, after crude oil prices slipped on expectations of rising US shale oil output in May.

IRPC '17: Indian Oil Chairman sees "enormous potential" for refining sector

Hydrocarbon Processing Staff: Blume, Adrienne

NEW DELHI, INDIA—Kicking off International Refining and Petrochemical Conference (IRPC) 2017, B. Ashok, Chairman of state-run Indian Oil Corp. (IOC), presented a keynote speech on the expansion of the Indian refining sector and the challenges and opportunities faced by Asia-Pacific refiners.

ClearSign secures follow-on order from California refinery

SEATTLE -- ClearSign Combustion Corporation, a provider of industrial combustion technologies that help to reduce emissions and improve efficiency, announced that it has secured a follow-on commercial order from a California-based refinery following Duplex technology's pilot with the company late last year.

BP accuses Monroe Energy of wrongfully terminating contract

NEW YORK (Reuters) -- BP Plc has accused Monroe Energy of wrongfully terminating a crude supply contract in 2016, costing the oil major at least $59 MM in damages, according to a federal court filing.

PBF Logistics announces acquisition of Toledo terminal from Sunoco Logistics

PARSIPPANY, N.J. -- PBF Logistics LP announced that its wholly owned subsidiary has acquired the Toledo, Ohio, refined products terminal assets of Sunoco Logistics LP for $10 MM. The Toledo Terminal is directly connected to and currently supplied by PBF Energy Inc.'s Toledo refinery.