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Refining

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.

Venezuela's PDVSA reactivates El Palito refinery alkylation unit

CARACAS (Reuters) -- Operations at the alkylation unit at Venezuelan state oil company PDVSA's El Palito refinery resumed on Sunday, according to the refinery's Twitter account.

EIA: More Chinese crude oil imports coming from non-OPEC countries

China is the world’s largest net importer of crude oil, and in recent years, China’s crude oil imports have increasingly come from countries outside the Organization of the Petroleum Exporting Countries (OPEC).

Zhejiang Petroleum awards DuPont contract for sulfuric acid regeneration unit

WILMINGTON, Del. – Zhejiang Petroleum and Chemical Co. (ZPC) in China has awarded and signed contracts for the engineering, technology license and proprietary equipment for a MECS sulfuric acid regeneration (SAR) unit, licensed by DuPont Clean Technologies.

Venezuela's PDVSA readies armada of fuel imports

HOUSTON (Reuters) -- About a dozen tankers are sailing to Venezuela or waiting offshore to discharge cargoes after state-run oil company PDVSA ramped up tenders to buy gasoline and other fuels to offset its weak refining output, according to traders and Thomson Reuters data.

Nigeria's military destroys 13 illegal oil refineries

YENAGOA, Nigeria (Reuters) -- Nigeria's military said on Thursday that it had destroyed 13 illegal refineries in the restive Niger Delta oil hub, in an operation in which two soldiers died in clashes with "sea robbers."

China crude oil imports shatter record, top US intake

BEIJING (Reuters) -- China's crude oil imports surged to an all-time high in March to nearly 9.2 MMbpd, customs data showed on Thursday, far surpassing expectations and overtaking the United States as independent refiners ramped up their purchases.

China's Sinopec says fire at rubber warehouse has been put out

BEIJING (Reuters) -- Sinopec Corp said on Thursday that a fire in a warehouse at a petrochemical and refining complex in southern China operated by one of its subsidiaries was put out at 2:20 pm local time and had not affected production.

Pakistan's PARCO to upgrade refinery using Honeywell technologies

DES PLAINES, Ill. -- Honeywell announced that Pak-Arab Refinery Limited (PARCO) will use technologies from Honeywell UOP and Honeywell Process Solutions to upgrade its Mid-Country Refinery near Multan, Pakistan, enabling it to meet growing domestic demand for cleaner-burning fuels.