Refining
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.
Falling crude boosts Asia refining margins, spreads steady
DUBAI (Reuters) -- Asia's refining margin for 180-cst fuel oil against Dubai crude rose to a 5-week high on Tuesday, after crude oil prices slipped on expectations of rising US shale oil output in May.
IRPC '17: Indian Oil Chairman sees "enormous potential" for refining sector
NEW DELHI, INDIA—Kicking off International Refining and Petrochemical Conference (IRPC) 2017, B. Ashok, Chairman of state-run Indian Oil Corp. (IOC), presented a keynote speech on the expansion of the Indian refining sector and the challenges and opportunities faced by Asia-Pacific refiners.
ClearSign secures follow-on order from California refinery
SEATTLE -- ClearSign Combustion Corporation, a provider of industrial combustion technologies that help to reduce emissions and improve efficiency, announced that it has secured a follow-on commercial order from a California-based refinery following Duplex technology's pilot with the company late last year.
BP accuses Monroe Energy of wrongfully terminating contract
NEW YORK (Reuters) -- BP Plc has accused Monroe Energy of wrongfully terminating a crude supply contract in 2016, costing the oil major at least $59 MM in damages, according to a federal court filing.
PBF Logistics announces acquisition of Toledo terminal from Sunoco Logistics
PARSIPPANY, N.J. -- PBF Logistics LP announced that its wholly owned subsidiary has acquired the Toledo, Ohio, refined products terminal assets of Sunoco Logistics LP for $10 MM. The Toledo Terminal is directly connected to and currently supplied by PBF Energy Inc.'s Toledo refinery.
Venezuela's PDVSA reactivates El Palito refinery alkylation unit
CARACAS (Reuters) -- Operations at the alkylation unit at Venezuelan state oil company PDVSA's El Palito refinery resumed on Sunday, according to the refinery's Twitter account.
EIA: More Chinese crude oil imports coming from non-OPEC countries
China is the world’s largest net importer of crude oil, and in recent years, China’s crude oil imports have increasingly come from countries outside the Organization of the Petroleum Exporting Countries (OPEC).
Zhejiang Petroleum awards DuPont contract for sulfuric acid regeneration unit
WILMINGTON, Del. – Zhejiang Petroleum and Chemical Co. (ZPC) in China has awarded and signed contracts for the engineering, technology license and proprietary equipment for a MECS sulfuric acid regeneration (SAR) unit, licensed by DuPont Clean Technologies.
Venezuela's PDVSA readies armada of fuel imports
HOUSTON (Reuters) -- About a dozen tankers are sailing to Venezuela or waiting offshore to discharge cargoes after state-run oil company PDVSA ramped up tenders to buy gasoline and other fuels to offset its weak refining output, according to traders and Thomson Reuters data.
- Ionikylation unit at PetroChina's Dagang refinery reaches 1,000 days of continuous operation 5/12
- thyssenkrupp Uhde successfully commissions EnviNOx® emission reduction system for Covestro’s NAUCI project in China 5/12
- Univation Technologies announces world-scale 800,000-tpy design capacity for UNIPOL™ PE process technology 5/12
- Traders rebrand Venezuelan oil for China as Brazilian 5/12
- British bioethanol industry faces 'existential' threat after U.S. trade deal, producers say 5/12
- Copersucar revenue to grow by $1.5 B after Eco-Energy deal with Green Plains 5/12
