Refining
Thai IRPC to invest $280 MM to expand petchem output capacity
BANGKOK (Reuters) -- Thailand's integrated oil refiner IRPC Pcl plans to invest $280 million next year with an aim to expand the production capacity of a petrochemical product and boost its long-term earnings growth, a top executive said.
Shell, Varo in talks on German refinery stake sale
LONDON (Reuters) -- Royal Dutch Shell and Varo Energy are in advanced talks on the sale of Shell's 37.5% stake in the 220,000 barrels per day refinery in Schwedt, Germany, they said on Thursday.
Tecnicas Reunidas wins Aramco Ras Tanura clean fuels contract
KHOBAR, Saudi Arabia (Reuters) -- Spanish engineering and construction firm Tecnicas Reunidas has won a contract from Saudi Aramco to build a clean fuels unit at its Ras Tanura refinery in Saudi Arabia, three industry sources said on Thursday.
CB&I announces alkylation and hydrocracking awards in China
THE WOODLANDS, Texas -- CB&I announced it has been awarded two contracts for a grassroots refinery in China. The scope of work includes the license and engineering design of an alkylation unit and two Chevron Lummus Global (CLG) diesel hydrocracking units along with catalyst supply.
CNOOC to start new Huizhou refinery in Q2, plans Saudi supply
BEIJING (Reuters) -- China National Offshore Oil Corp, or CNOOC, is expected to start operating a new refinery in southern China in the second quarter of 2017, with Saudi Arabia as the potential crude supplier, three sources familiar with the plan said on Wednesday.
PKN ORLEN, Iranian Oil agreement commences
PKN ORLEN has purchased 1 million barrels of Iranian Light oil. It will be delivered to Naftoport in Gdańsk in January, to be then transported to the PKN ORLEN refinery in Płock.
Sinclair Casper Refining pays $655K in cleanup costs to EPA
DENVER -- Sinclair Casper Refining Company has paid $655,000 to reimburse the US Environmental Protection Agency for response costs incurred at the Empire State Oil Company Refinery Site in Thermopolis, Wyoming. The company entered into a settlement agreement with EPA for the recovery of past costs associated with the cleanup of the site, including the removal of asbestos, in September. EPA received payment last week.
China suitor tightens grip on century-old Caribbean refinery
BEIJING/HOUSTON (Reuters) -- China's Guangdong Zhenrong Energy Co will submit a plan by April to revamp a century-old oil refinery in Curacao, as it seeks to secure a $5.5 billion project that will give China a foothold in the Caribbean's second-largest oil refinery.
China's Sinopec weighs takeover of Gulf Keystone
(Reuters) -- China's Sinopec Corp is weighing a takeover of Gulf Keystone Petroleum, an oil company operating in the Kurdistan region of Iraq, Bloomberg reported on Tuesday.
Kuwait's KNPC mandates banks for ECA-backed club loan
DUBAI (Reuters) -- Kuwait National Petroleum Co (KNPC) has selected 10 international banks to provide a loan facility of more than $4 billion to back its Clean Fuels project, banking sources said.
- Shell, CNOOC take FID on 1.6-MMtpy petrochemical complex expansion in China 1/15
- Plug Power seals huge deal with Allied Green Ammonia for 3-GW electrolyzer system 1/15
- Russian oil products trapped at sea by U.S. sanctions 1/15
- California (U.S.) withdraws clean truck EPA waiver request ahead of Trump inauguration 1/15
- Amazon orders 200 new electric heavy trucks from Daimler for Germany, UK 1/15
- Colonial Pipeline shuts main gasoline artery after potential gasoline spill 1/15
