Refining
Bangladesh set to sign 15-yr gasoil import deal with India
DHAKA (Reuters) — Bangladesh Petroleum Corp (BPC) is set to sign a 15-yr deal with Indian oil refiner Bharat Petroleum Corp Ltd (BPCL) to import gasoil to meet the country's energy demand, two company officials with the direct knowledge of the matter said.
ExxonMobil begins production on new polyethylene line at Mont Belvieu plastics plant
HOUSTON — ExxonMobil Chemical Company announced that it has commenced production on the first of two new 650,000 tpy high-performance polyethylene lines at its plastics plant in Mont Belvieu, Texas.
Newest outpost for US crude exports: India
NEW YORK/NEW DELHI (Reuters) — India is set to emerge as a key market for American crude exports in coming months, as refineries in that country are ramping up "test" purchases of US grades to diversify their imports.
India's BPCL sells its first low sulfur diesel cargo for export
SINGAPORE (Reuters) — Indian oil refiner Bharat Petroleum Corp Ltd sold a low sulfur diesel cargo through an export tender for the first time as its refineries upgrade units and due to higher inventory of the fuel, three industry sources said on Monday.
China's Hengyi opens Singapore trade office for Brunei oil-petchem project
SINGAPORE (Reuters) — Privately-run Chinese company Hengyi Group has started a trading office in Singapore to buy crude and trade oil products from its $3.4 B Brunei project, company officials said on Monday.
China Sept crude oil, gas imports jump ahead of winter fuel demand
BEIJING (Reuters) — China’s September crude oil imports climbed to the second highest level on record, while natural gas imports rose nearly 5%, official customs data showed on Friday, as the world’s top energy consumer shored up fuel supplies for winter.
Petrochina expresses interest in Iraq's Nassiriya refinery
BAGHDAD (Reuters) — Petrochina has expressed interest in developing the Nassiriya oil refinery in southern Iraq, the oil ministry said in a statement on Friday.
Mercuria: Record US oil exports set to surge further
LONDON (Reuters) — Already record US oil exports are set to surge further in the coming month as stored oil in one of the world's last areas of excess stockpiles pours into global markets, the chief executive of trading house Mercuria, Marco Dunand, said.
US oil pipeline rivals look to consolidate West Texas projects
HOUSTON (Reuters) — As shale oil producers have rushed back into the Permian Basin after a downturn, US pipeline firms have scrambled to plot new pipelines to take all that petroleum from West Texas to refineries, export hubs and petrochemical plants.
Jacobs signs sulfur recovery technology agreement with Paqell
DALLAS — Jacobs Engineering Group Inc. signed a sulfur recovery technology licensor agreement with Paqell, a joint venture between Shell Global Solutions and Paques BV, for use of its THIOPAQ Oil and Gas technology in refineries and gas treating facilities across the globe.
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