Refining
Unipetrol profits jump after cracker restarted, impairment reversed
PRAGUE (Reuters) -- Czech oil refiner Unipetrol's fourth-quarter net profit jumped to 4.17 billion crowns ($166.15 million) after the restart of some facilities and the reversal of an impairment allowance, the company said on Thursday.
GE proposes investing in Nigeria's ailing oil refineries
LAGOS (Reuters) -- General Electric Co has proposed investing in Nigeria's oil refineries, potentially convening a consortium of companies to improve capacity at the run-down facilities.
Japan's Idemitsu shuts desulphurisation unit after fire
TOKYO (Reuters) -- Japanese oil refiner Idemitsu Kosan Co said it conducted an emergency shutdown of a desulphurisation unit at its 200,000-bpd Chiba refinery after a fire near a heat exchanger.
Saudi Aramco shelves $27-B refining, petrochemical project JV with Petronas
KUWAIT (Reuters) -- Saudi Aramco has shelved plans for a partnership with Malaysian state-oil firm Petroliam Nasional Berhad in a $27 billion refining and petrochemical project in the southeast Asian country, industry sources familiar with the matter told Reuters on Wednesday.
Russia beats Saudi Arabia as China's top crude oil supplier in 2016
BEIJING (Reuters) -- Russia overtook Saudi Arabia in 2016 to became China's biggest crude oil supplier for the first year ever, customs data showed on Monday, boosted by robust demand from independent Chinese "teapot" refineries.
Japan's TonenGeneral refinery hit by fire, no injuries
TOKYO (Reuters) -- A fire broke out at TonenGeneral Sekiyu's Wakayama refinery in western Japan on Sunday afternoon, but no one was injured and its 132,000-bpd crude distillation unit (CDU) remained operational, a company spokesman said.
Trump tells manufacturers he will cut regulations, taxes
WASHINGTON (Reuters) -- US President Donald Trump met with a dozen prominent American manufacturers at the White House on Monday, promising them he would slash regulations and cut corporate taxes, but warning them of penalties if they moved production outside the country.
Eni to deepen involvement in Nigerian energy sector
LONDON (Reuters) -- Italy's Eni plans to deepen its involvement in Nigeria's energy industry, increasing oil and gas exploration and helping to restore one of the country's ailing refineries, the company said in a statement on Monday.
Praxair signs hydrogen supply agreement with Marathon Petroleum
DANBURY, Conn. — Praxair, Inc. signed a long-term contract to supply hydrogen to Marathon Petroleum Corporation’s refinery in Garyville, Louisiana. The company will use the hydrogen to support an ultra-low-sulfur diesel project planned for 2018.
Petrotechnics technology selected for Aramco Jazan refinery
DAMMAM, Saudi Arabia – Petrotechnics, the developer of Proscient – the hazardous industries’ first software platform for Operational Excellence – has been selected by Accenture to deliver its solution for Saudi Aramco’s new Jazan refinery complex. Proscient will be implemented as part of Saudi Aramco’s integrated manufacturing operations management system (imoms) to reduce risk, improve productivity and lower costs.
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- Polish oil refiner Orlen may suspend or cancel olefins project 11/7
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