Refining
India's Reliance completing core refining, petrochemicals expansion, expects sharp profits rise
MUMBAI (Reuters) -- Indian oil-to-telecoms conglomerate Reliance Industries Ltd expects a sharp rise in operating profit from the next financial year as it completes an expansion of its core refining and petrochemicals business, a senior executive said on Monday.
Shell selected as supplier of Rolls-Royce genuine engine oil
DUBAI, UAE -- Shell announced that it has been chosen by Rolls-Royce Motor Cars Ltd as the exclusive manufacturer and supplier of Rolls-Royce Motor Cars Genuine Engine Oil. From October 2016, this oil has started to become available to Rolls-Royce Motor Cars Dealers around the world.
Power outage halts output at Mexico's Tula crude refinery
MEXICO CITY (Reuters) -- Mexico's second-biggest oil refinery was hit by a power outage that halted production, state oil company Pemex said on Saturday.
ADNOC shuts half capacity at Ruwais refinery after fire
SINGAPORE/DUBAI (Reuters) -- Abu Dhabi National Oil Company (ADNOC) has shut half the capacity at its 800,000 barrels-per-day Ruwais refinery after a fire there last week, three industry sources familiar with the matter said on Monday.
Russia's Tuapse oil refinery resumes production after fire
MOSCOW (Reuters) -- Russia's Tuapse oil refinery, which is owned by Rosneft and suffered a fire on Wednesday, has resumed production in full, including vacuum gasoil output, a Rosneft representative told Reuters on Friday.
Pemex sells Maya crude to US West Coast for first time since 2008
MEXICO CITY (Reuters) -- Mexico's Pemex has begun selling heavy Maya crude for the first time since 2008 to US West Coast refiners, the head of the state oil company's international trading arm said on Thursday.
Venezuela's PDVSA sees 2017 oil output stuck near historic lows
(Reuters) -- Venezuelan state energy company PDVSA projects oil production will remain near 23-year lows in 2017, an internal document shows, suggesting more hardship ahead for the crisis-wrought OPEC member country.
India's 2016 Iran oil imports hit record high
NEW DELHI (Reuters) -- India's annual oil imports from Iran surged to a record high in 2016 as some refiners resumed purchases after the lifting of sanctions against Tehran, according to ship tracking data and a report compiled by Thomson Reuters Oil Research and Forecasts.
US East Coast refiners binge on Algerian crude
NEW YORK (Reuters) -- US East Coast refiners are in the midst of their biggest buying spree of Algerian crude in years as they take advantage of cheap oil spilling out of the region, traders said on Thursday.
Accident kills worker at Pemex refinery, output not affected
MEXICO CITY (Reuters) -- An accident at the Ciudad Madero refinery of Mexican state-owned oil firm Pemex killed one worker on Thursday, but the incident will not affect production, a company spokesperson said.
- China's Wanhua Chemical starts operation at new east China cracker 4/4
- Brookfield Infrastructure announces the acquisition of Colonial Enterprises for $9 B 4/4
- PBF restarts some units at Martinez refinery after February fire; fire-damaged units remain shut 4/4
- Japan to curb gasoline prices from June to cushion U.S. tariff blow 4/4
- Evonik presents innovative "Debonding on Demand" concept for more sustainable bonding 4/3
- Oil, gas and refined product imports exempted from Trump’s sweeping tariffs 4/3
