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Refining

China's CEFC courts ‘teapots’ for first domestic refinery acquisition

BEIJING (Reuters) -- Privately-run conglomerate CEFC China Energy has approached several independent Chinese oil processors seeking to acquire its first domestic refinery operation, its next move towards becoming a global integrated oil player.

China's February crude oil imports hit second highest on record

BEIJING (Reuters) -- China's crude oil imports rose to the second-highest level on record in February, as strong demand from independent "teapot" refiners continues to drive growth.

EIA: Midwest, Rocky Mountain regions increasingly self-sufficient in fuel production

A new study, commissioned by the US Energy Information Administration (EIA), finds that changes in North American energy markets over the past decade have strengthened the supply of transportation fuels including motor gasoline, distillates, and jet fuel in the Midwest and Rocky Mountain regions.

Sinopec to boost fine chemicals investment at Maoming refining hub

BEIJING (Reuters) -- Sinopec Corp plans to boost investment in fine chemicals at its Maoming-Zhanjiang refining base in southern China alongside partners like Germany's BASF, a senior executive said in an interview on Thursday.

One of the first US refineries to be built in 40 years planned for Permian Basin

AUSTIN, Texas -- MMEX Resources Corp., a global energy company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, announced that it plans to build a $450 million, 50,000-bpd capacity crude oil refinery in the West Texas Permian Basin, subject to the receipt of required governmental permits and completion of required debt and equity financing.

Amec awarded Eni contract for ‘green’ refinery conversion

Amec Foster Wheeler announced that it has been awarded a lump sum turn-key contract in excess of €50 million by Eni SpA for the engineering, procurement and construction of a new steam reforming plant for hydrogen production to be built at its refinery at Gela, Italy.

Union threatens strike at Saskatchewan refinery as talks stall

CALGARY, Alberta (Reuters) -- Workers at the 130,000-bpd Co-op Refinery Complex in Regina, Saskatchewan, could go out on strike by the end of March after pay and pension negotiations with management broke down, a union representative said on Tuesday.

Iraq announces increase in Kirkuk oil refinery capacity

BAGHDAD (Reuters) -- Iraq has added a processing unit to the Kirkuk oil refinery, increasing the plant's capacity by 10,000 bpd, the oil ministry said in a statement on Wednesday.

Oil-for-loan debts cost Venezuela's PDVSA hard-won India market share

CARACAS/HOUSTON/NEW DELHI (Reuters) -- Venezuela's state-run oil company, PDVSA, has spent at least a decade trying to build business ties and boost shipments to refineries in India, where crowds once welcomed the late socialist leader Hugo Chavez with cries of "Viva!"

People

Linde Engineering North America (LENA) has appointed Jason Cooper as President and CEO.