Refining
Snow, landowner, delay Utah pipeline repairs
HOUSTON (Reuters) -- Refiners and pipeline shippers in the Salt Lake City area are facing new delays obtaining crude oil after a pipeline outage last week was followed by snow on Friday that made it difficult to deliver much-needed oil by truck.
Mexico's Pemex inks hydrogen refinery JV with France's Air Liquide
MEXICO CITY (Reuters) -- Mexico's Pemex will partner with France's Air Liquide SA to operate an existing hydrogen plant and build a second one at its Tula refinery, the Mexican state-owned oil company said in a statement on Thursday.
OPEC compliance seen growing as laggards Iraq and UAE pledge action
LONDON (Reuters) -- OPEC has so far surprised the market by showing record compliance with oil-output curbs and could do so further in coming months as the biggest laggards -- the United Arab Emirates and Iraq -- pledge to catch up quickly with their targets.
France's Engie starts global LPG desk to meet power demand, hedging needs
SINGAPORE (Reuters) -- France's international utility company Engie has started a global desk to trade liquefied petroleum gas (LPG) and plans to promote the fuel as a replacement for diesel in power generation, senior executives said on Thursday.
Hellenic Petroleum Q4 core profit beats forecasts
ATHENS (Reuters) -- Greece's biggest oil refiner Hellenic Petroleum reported a 17% rise in fourth quarter core profit on Thursday, helped by strong refining margins and exports.
EIA: US crude oil stocks build for seventh straight week
NEW YORK (Reuters) -- US crude oil stockpiles rose last week for a seventh straight week but less than forecast, while gasoline inventories fell far more than expected as refineries cut output, the Energy Information Administration said on Thursday.
Tallgrass Energy pipeline to build connection to Holly Frontier refinery
LEAWOOD, Kan. -- Tallgrass Energy Partners, LP announced that Pony Express Pipeline has reached an agreement with Holly Frontier Corporation and its affiliates to build facilities to connect Holly Frontier’s refinery complex in El Dorado, Kansas to the Pony Express Pipeline.
Philadelphia Energy Solutions taps its COO to lead company
NEW YORK (Reuters) -- Philadelphia Energy Solutions has tapped chief operating officer Gregory Gatta as its next chief executive officer, the refining company said on Wednesday.
Vietnam's new Nghi Son refinery expects to get first crude oil in May
HANOI (Reuters) -- Vietnam's new $7.5 billion Nghi Son oil refinery expects to take delivery of its first crude oil in May and to have its first products by the third quarter of the year, the company said on Thursday.
Saudi Aramco in lead to buy OMV's Turkish unit Petrol Ofisi
KHOBAR, Saudi Arabia/LONDON (Reuters) -- Oil giant Saudi Aramco is believed to be the front-runner to buy Turkish fuel stations business Petrol Ofisi from Austrian oil group OMV, sources familiar with the matter said.
- KT-Kinetics Technology, NEXTCHEM awarded contracts for Petronas hydrogen unit 1/14
- Chinese, Indian refiners seek new supplies as US sanctions tighten grip on Russian oil 1/14
- Clariant to fight 1.4-B euro ethylene lawsuit from BASF 1/14
- Poland's Orlen plans to invest up to nearly $92 B by 2035 1/14
- Genesis Fertilizers, Stamicarbon partner to advance sustainable urea production 1/14
- Sinopec Shanghai Petrochemical to invest $2.9 B to upgrade Chinese operations 1/14