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Refining

ClearSign receives order to qualify combustion technology for oil refinery

SEATTLE — ClearSign Combustion Corporation, a provider of industrial combustion technologies that deliver a reduction of pollutant emissions, announced that they have received a purchase order to qualify the company's Duplex combustion technology as a precursor to an installation at a super major oil refinery.

Cheaper options knock Gulf's share of Indian June oil imports to 19-mth low

NEW DELHI/SINGAPORE (Reuters) — India's reliance on Middle East oil imports shrunk in June to the smallest since October 2015 as the world's third-biggest importer tapped other sources amid OPEC supply cuts, ship tracking data from industry sources and data available on Thomson Reuters Eikon showed.

Cold storage: traders shift oil products out of tanks as short-term demand soars

SINGAPORE (Reuters) — Some energy traders in Southeast Asia are cutting their use of storage tanks as short-term demand for oil products soars, hitting companies that rent out storage at a time when many of them have just expanded their capacity.

China crude oil imports hold at strong levels in June

BEIJING (Reuters) — China imported 36.11 MMt, or 8.79 MMbpd of crude oil in June, customs data showed on Thursday, again making the country the world's top buyer for the month.

US petroleum refinery capacity continues to increase

As of Jan. 1, US operable atmospheric crude distillation capacity reached 18.6 MMbpd, 1.6% higher than at the beginning of 2016, according to EIA's annual Refinery Capacity Report. This increase in operable capacity was slightly lower than last year’s increase of 2.0%.

Asian refiners tweak their Qatar oil loadings to side-step Gulf spat

SINGAPORE/SEOUL (Reuters) — Asia's oil refiners are adjusting their shipping arrangements for loading Qatari crude to side-step the diplomatic spat between Doha and other Middle East nations, including top Gulf oil producers Saudi Arabia and the United Arab Emirates.

Japan's JXTG resumes normal operations at Kiire terminal after quake

TOKYO (Reuters) — Oil refiner JXTG Nippon Oil & Energy Corp resumed normal operations at its Kiire storage terminal in western Japan on Tuesday afternoon following an earthquake earlier in the day.

China sets sights on oil benchmark after years of delays

BEIJING/SINGAPORE (Reuters) — China has opened more than 6,000 trading accounts for its long-awaited crude futures contract—with three-quarters coming from individual traders—as it pushes ahead with plans to compete with global pricing benchmarks.

Saudi Aramco to meet Asia demand for August crude in full

SINGAPORE/NEW DELHI (Reuters) — Saudi Aramco will meet the full August crude oil requirements of its customers in India and southeast Asia as well as four of its North Asian buyers, several sources with knowledge of the matter said on Tuesday.

South African environmental services company moves into petchem, oil refinery sector

GK-IT Environmental Services, a South African leader in bioremediation and environmental product manufacture, is diversifying from the mining industry to the petrochemical and oil refinery sector.

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