Refining
Oman plans IPOs for downstream energy firms
ABU DHABI (Reuters) -- Oman plans to offer shares in some state-owned downstream energy companies to the public, partly to raise money as low oil prices pressure its finances, Omani Oil and Gas Minister Mohammad bin Hamad al-Rumhy said on Thursday.
China demand drives Singapore oil storage sales to nearly a year-high
SINGAPORE (Reuters) -- Crude oil sales from storage tanks around Singapore rose to an 11-month high in March, with nearly half of the volumes going to China and traders clearing inventories ahead of record shipments to Asia expected to arrive in April.
Bechtel awarded two contracts for petchem project in Egypt
HOUSTON -- Bechtel, a company in engineering, procurement, and construction, announced that the company has been awarded two contracts by Carbon Holdings of Egypt: one to provide project management services for the Tahrir Petrochemicals Complex at Ain Sokhna, Egypt, and one to build two new polypropylene units at an adjacent site. In its project management role, Bechtel will have oversight of project execution and contractor performance on what will be the largest petrochemicals complex in Egypt.
IRPC '17: Refinery/petrochemical integration creates operational efficiencies
NEW DELHI, INDIA—During Day 2 of IRPC 2017, Ashish Logani, Principal Process Engineer at Fluor, shared insights on how to overcome the challenges associated with integrating petrochemicals production and refining operations.
IRPC '17: Senior engineer sees "dynamic market" for European diesel imports
NEW DELHI, INDIA—During an IRPC 2017 morning session on market analysis, Shailendra Mohite, Senior Engineer—Stakeholder Management at Kuwait Petroleum International, discussed the emerging structural and opportunistic diesel flows of the European market.
IRPC '17: Refiners consider MARPOL impacts, electric vehicle trend
NEW DELHI, INDIA—Sanjay Shah, Group Manager for Jacobs Consultancy Ltd., presented a second keynote address on Day 2 of IRPC 2017. He spoke about evolving trends in the refining market with respect to shifts in fuel preferences, and the impacts of MARPOL legislation.
ExxonMobil, SABIC select location for proposed petchem project on US Gulf Coast
HOUSTON -- ExxonMobil Chemical Company and SABIC each announced the selection of a site in San Patricio County, Texas for potential development of a jointly owned petrochemical complex on the US Gulf Coast.
CB&I awarded additional tech contract for ZPC's refinery in China
THE WOODLANDS, Texas -- CB&I announced it has been awarded a contract by Zhejiang Petroleum and Chemical Co. Ltd. for the license and engineering design of a single-train 220 kta diphenyl carbonate (DPC) unit, based on Versalis technology, for a refining and petrochemical complex in China.
E. Coast refiner shuns Bakken delivery as Dakota Access Pipeline starts
NEW YORK (Reuters) -- Philadelphia Energy Solutions Inc, the largest refiner on the US East Coast, will not be taking any rail deliveries of North Dakota's Bakken crude oil in June, a source familiar with delivery schedules said on Tuesday—a sign that the impending start of the Dakota Access Pipeline is upending trade flows.
IRPC '17: WoodMac Director sees demand pull shifting from China to India
NEW DELHI, INDIA—Sushant Gupta, Research Director of Asia-Pacific Refining for Wood Mackenzie, opened the plenary session of IRPC 2017 with a global view of the future of the refining and petrochemicals sectors.
- China's Wanhua Chemical starts operation at new east China cracker 4/4
- Brookfield Infrastructure announces the acquisition of Colonial Enterprises for $9 B 4/4
- PBF restarts some units at Martinez refinery after February fire; fire-damaged units remain shut 4/4
- Japan to curb gasoline prices from June to cushion U.S. tariff blow 4/4
- Evonik presents innovative "Debonding on Demand" concept for more sustainable bonding 4/3
- Oil, gas and refined product imports exempted from Trump’s sweeping tariffs 4/3
