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Refining

China state refiners given 1.3 MMt of general trade fuel quotas

BEIJING (Reuters) -- China's state oil refiners have been granted a combined 1.315 MMt of quotas to export refined fuel under so-called general trade terms, three sources familiar with the matter said on Monday.

India's oil imports from Iran top 500 Mbpd in 2016–2017

NEW DELHI (Reuters) -- India's Iran oil imports jumped to a record high in 2016–2017 topping 500 Mbpd as refiners boosted purchases after lifting of some Western sanctions against Tehran last year.

PKN ORLEN to supply 100 Mtpy of propylene to Basell Orlen Polyolefins

PKN ORLEN will supply up to 100,000 t of propylene annually to Basell Orlen Polyolefins. The contract covers the production volume of the Metathesis Unit, currently constructed in Płock and scheduled for commissioning in the second half of 2018.

Air Liquide signs long-term contract with Oman petroleum group

Air Liquide and Oman Oil Refineries and Petroleum Industries Company (Orpic), Oman’s national refining company, recently signed a long-term agreement for the supply of nitrogen to the Liwa Plastics Industries Complex (LPIC), a new plastics production complex including the country’s first steam cracker Orpic is adding to its existing production facilities, in Sohar industrial port area in Oman.

Sinopec exports first diesel cargo under general trade terms in 13 yr

BEIJING (Reuters) -- Top Asian refiner Sinopec Crop exported its first refined fuel cargo under so-called general trade terms in 13 yr, the company said on Friday, as China's state-owned refiners adapt to tighter government export quotas.

Nigeria pushes to legalize illicit refineries in restive Delta oil region

ABUJA (Reuters) -- Nigeria aims to legalize illicit oil refineries in the turbulent Niger Delta region, the vice-president's office said on Thursday, hoping to bring peace to the production heartland for the crude on which the country relies.

China's Sinopec shuts Yanshan refinery rubber unit after environmental checks

BEIJING (Reuters) — China's Sinopec has ordered its rubber unit in Yanshan refinery to shut in response to environmental checks, it said, after the Ministry of Environmental Protection detected odor.

CB&I awarded multiple petchem technology contracts in china

THE WOODLANDS, Texas -- CB&I announced it has been awarded multiple technology contracts by Tianjin Bohua Chemical Development Co. Ltd. for a grassroots petrochemicals plant to be built in Tianjin, China.

MOL's Slovak refinery starting planned turnaround in April

PRAGUE (Reuters) -- Slovak oil refiner Slovnaft, part of the Hungarian oil and gas group MOL, will shut down some production starting over the Easter holiday in April for a general turnaround lasting until June, it said.

US crude inventories rise unexpectedly, product stocks dip

(Reuters) -- US crude stocks unexpectedly rose last week to a fresh record high, while gasoline and distillate inventories fell less than expected, the Energy Information Administration said on Wednesday, interrupting a recent string of bullish news for the oil market.