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Refining

Saudi Aramco to meet Asia demand for August crude in full

SINGAPORE/NEW DELHI (Reuters) — Saudi Aramco will meet the full August crude oil requirements of its customers in India and southeast Asia as well as four of its North Asian buyers, several sources with knowledge of the matter said on Tuesday.

South African environmental services company moves into petchem, oil refinery sector

GK-IT Environmental Services, a South African leader in bioremediation and environmental product manufacture, is diversifying from the mining industry to the petrochemical and oil refinery sector.

India buys first ever US crude oil, to step up purchases

NEW DELHI/SINGAPORE (Reuters) — India, the world's third-largest oil importer, will import crude oil from the United States for the first time after Indian Oil Corp bought a cargo that will be delivered in October.

AEG Power Solutions to secure power for major petchem plants in Oman

ZWANENBURG, The Netherlands — AEG Power Solutions, a global provider of power electronic conversion systems and solutions for industrial power supplies and renewable energy applications, today announced that it has been selected to provide AC and DC UPS to secure the power supply for a Polyethylene plant (HDPE/LLDPE) and a Polypropylene plant (PP) owned by Oman Oil Refineries and Petroleum Industries Company SAOC - Orpic.

Saudi Aramco reaffirms commitment to Pertamina JV as CEOs meet

KHOBAR, Saudi Arabia (Reuters) — Saudi Aramco CEO Amin Nasser met Pertamina boss Elia Massa Manik in Jakarta on Friday to reaffirm its commitment to their Cilacap Refinery joint development.

Japan, S. Korea oil refiners maximize runs to profit from margins at 5-month highs

SINGAPORE (Reuters) — South Korean and Japanese refiners are running their plants at near-maximum capacity to cash in on profit margins that are at five-month highs, industry sources told Reuters on Friday.

Alfa Laval awarded $10.6 MM energy-efficiency order in China

LUND, Sweden — Alfa Laval—a heat transfer, centrifugal separation and fluid handling company—has won an order to supply compact heat exchangers to a refinery in China.

Delek US Holdings announces closing of the acquisition of Alon USA

BRENTWOOD, Tenn. — Delek US Holdings, Inc. announced the closing of the acquisition of the remaining outstanding shares of Alon USA Energy, Inc. common stock in an all-stock transaction. The close of this transaction became effective on July 1.

Asia's booming diesel market draws rare European cargoes

LONDON/SINGAPORE (Reuters) — Oil traders are shipping diesel out of Europe to Asia and the Middle East where strong demand and tighter supplies have boosted prices, in a rare arbitrage that reverses traditional routes.

Indian refiners tap spot crude market to feed increased capacity

SINGAPORE/NEW DELHI (Reuters) — Indian companies have stepped up purchases of high-sulfur crude oil from the Middle East and Russia in the spot market to feed demand from expanded refining capacity, trade sources said.

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