Refining
China to issue non-state crude oil import licenses to 5 refiners
BEIJING (Reuters) -- China will issue non-state crude oil import licenses to five refiners, including China National Chemical Corp and four independent refiners, the country's commerce ministry said on Tuesday.
Aramco's Malaysia deal gives Saudis upper hand in fight for Asia oil share
SINGAPORE/KHOBAR, Saudi Arabia (Reuters) -- Top global oil exporter Saudi Arabia broke from the pack in the race to lock up Asian market share after agreeing on Tuesday to pump $7 billion into a refinery-petrochemical complex in Malaysia, analysts said.
New method to measure TAN of crude oil and refinery distillation fractions
Many refiners look at discounted opportunity crudes as a way to improve their margin spread. The growing varieties of discounted opportunity crudes on the market contain certain risks for the purchaser, such as high naphthenic acid or sulfur content.
EIA: Canada is the largest US partner for energy trade
Canada is the largest energy trading partner of the United States. Based on the latest annual data from the US Census Bureau, energy accounted for about 5% of the value of all US exports to Canada and more than 19% of the value of all US imports from Canada in 2016.
Buffett's Berkshire rejects fossil fuel proposal, shareholder says
(Reuters) -- Warren Buffett's Berkshire Hathaway Inc will urge shareholders to reject a proposal by a Nebraska nonprofit that it sell its investments in oil refiner Phillips 66 and other companies involved in fossil fuels over 12 years, the nonprofit said on Tuesday.
White House denies Trump order on biofuels program pending, markets roiled
(Reuters) -- The White House on Tuesday denied that President Donald Trump planned to issue an executive order to change the national biofuels program, after the US Renewable Fuels Association (RFA) said Trump's team had informed the group an order was pending.
RFA: Trump to shift biofuel blending burden off refiners
(Reuters) -- The head of the Renewable Fuels Association said on Tuesday that US President Donald Trump's administration would lift the responsibility for fuel blending off refiners, which had long requested this change to the nation's biofuel program.
OxyChem, Mexichem announce startup of JV ethylene cracker in Texas
INGLESIDE, Texas — Ingleside Ethylene, LLC, the 50/50 JV between Occidental Chemical Corporation, a subsidiary of Occidental Petroleum Corporation, and Mexichem, S.A.B. de C.V., announced that its ethylene cracker at OxyChem’s Ingleside, Texas, complex began operations on schedule and on budget. The ethylene cracker is currently in a production stabilization phase.
Oiltanking MOGS Saldanha to begin construction of crude oil, blending terminal in South Africa
CAPE TOWN, South Africa -- Oiltanking MOGS Saldanha Ltd, a JV between Oiltanking GmbH and MOGS Ltd, announced the construction of an independent crude oil and blending storage terminal in Saldanha Bay.
Pertamina looks for partner to take majority stake in Bontang refinery project
JAKARTA (Reuters) -- Indonesia's state oil company Pertamina expects to find a partner to take a majority stake in a proposed refinery to cost more than $10 billion in Bontang, East Kalimantan, by April, senior company officials said on Tuesday.
- Digital Feature (sponsored): Three questions oil and gas companies should ask to improve their operations risk management 3/6
- Nextchem awarded engineering/technology services contract from SATORP (Saudi Arabia) 3/6
- PBF Energy's Martinez refinery (California, U.S.) repairs to cost $30 million 3/6
- Lummus Technology, Resynergi announce commercialization of microwave-powered plastic pyrolysis technology 3/6
- Mercedes-AMG Petronas to use sustainable carbon fiber composites in Formula 1 racecars 3/6
- Vopak to build ethane tanks to support Thailand's petrochemical production 3/6
