Refining
Brazil's black market pipeline: Gangs hijack Petrobras' oil, fuel
RIO DE JANEIRO (Reuters) -- In September, police investigating a wave of killings in the northern Rio de Janeiro suburbs followed a tip to the isolated scrubland near the massive Duque de Caxias oil refinery.
US East Coast refiners profit on winter gasoline at expense of summer stocks
NEW YORK (Reuters) -- The US East Coast gasoline market looks set to begin the summer driving season with fewer barrels in storage than last year, as refiners have been profiting by producing winter grade gasoline longer than usual, trading sources said.
Seeking higher revenues, Saudi sets out stall for light crude
DUBAI (Reuters) -- Despite OPEC's oil output curbs, Saudi Arabia has been offering its customers more light crudes while cutting heavy grades, a trend that could increase as the kingdom wants to maximize revenue and needs more heavy oil to power its own refineries.
CB&I to provide up to 30 technologies to refining, petchem complex in China
THE WOODLANDS, Texas -- CB&I announced it has signed a strategic alliance with Jinzhou Port Co., Ltd. (Jingang) to become the master licensor for an integrated refining and petrochemicals project in Jinzhou City, China.
Rosneft takes first shipment of Kurdish oil for refining system
LONDON (Reuters) -- Russian state oil giant Rosneft will buy its first shipment of oil from Iraq's Kurdistan in early April, becoming the first oil major to take Kurdish crude directly into its refining system, trading sources said on Friday.
China to import first SGC, Thunderhorse oil from US in April
SINGAPORE/HOUSTON (Reuters) -- China will import Southern Green Canyon (SGC) and Thunderhorse crude oil from the Gulf Coast of the United States for the first time when a supertanker carrying 2 MM barrels arrives in April, two sources with knowledge of the matter said.
Tanzania hikes fuel prices on weaker currency, crude costs
DAR ES SALAAM (Reuters) -- Tanzania's energy regulator raised maximum retail prices of petrol and diesel on Monday, citing higher international costs for both crude and refined products and a weaker local currency, a move expected to exert upward pressure on inflation.
People
Udo Bauer has been appointed to the executive board of Hoerbiger Holding AG. Mr. Bauer will represent the compression technology strategic business unit, now comprised of the previous compressor OEM business area and the previous compressor service business area, as the business unit’s CEO.
Industry Metrics
Asian refinery margins remained healthy ahead of the spring maintenance season, despite a slight fall due to signs of a bearish gasoline market.
Business Trends: Standardized modularization—Drivers, challenges and perspectives in the oil and gas industry
Modularization is an alternative way of performing engineering aimed to reduce the number of interfaces, the total installed cost (TIC) and overall schedule length of a project, while optimizing the return on investment (ROI) and allowing standardization for similar future projects.
- Evonik presents innovative "Debonding on Demand" concept for more sustainable bonding 4/3
- Mabanaft, HIF Global sign agreement to accelerate e-methanol adoption in the shipping industry 4/3
- Clariant’s MegaMax 900 catalyst: Powerful start at European Energy’s e-methanol plant 4/3
- Colombia's Ecopetrol to invest up to $700 MM in SAF production plant 4/2
- Ergon to invest $400 MM to expand gasoline production at Vicksburg refinery (U.S.) 4/2
- DB Schenker to use Neste's renewable diesel to decarbonize logistics in Asia 4/2
