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Refining

Colombian officials probed for overspending on Reficar refinery

BOGOTA (Reuters) -- Dozens of Colombian officials, including Finance Minister Mauricio Cardenas, are being investigated for overspending of about $6 billion during the renovation of state oil company Ecopetrol's refinery Reficar, the comptroller general's office said on Monday.

China's refinery runs at second-highest on record, gas output flat

BEIJING (Reuters) -- China's refinery throughput during the first two months of 2017 rose 4.3% from same time a year ago to the second-highest level on record on a daily basis, while crude output fell 8% from a year earlier, official data showed on Tuesday.

KPE to provide FCCU consulting services to Gulf Coast refiner

KP Engineering will provide process engineering services in support of a Cold Eyes Review of the Fluidized Catalytic Cracking Unit (FCCU) for one of the largest refineries in the Unites States.

MAN Diesel to deliver compressors, turbines for Africa’s soon-to-be largest refinery

Germany-based MAN Diesel & Turbo will deliver two compressor trains to Nigerian Dangote Oil Refining Company, to be employed in the company’s refinery in the capital of Lagos.

Iran leapfrogs Iraq as India's No. 2 oil supplier in February

NEW DELHI (Reuters) -- India's oil imports from Iran rose nearly 17% in February from a month earlier as refiners received less crude from key OPEC producers Saudi Arabia and Iraq after an OPEC deal to cut output, shipping data showed on Monday.

API: State of Energy in Colorado event highlights state’s role in US energy renaissance

DENVER – The Colorado Petroleum Council hosted the second annual State of Energy in Colorado event in Denver to discuss the future of oil and natural gas development in Colorado with American Petroleum Institute President and CEO Jack Gerard, Governor John Hickenlooper, and Mayor Michael Hancock.

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.