Refining
Hyundai Oilbank buys first Iranian condensate for new splitter
Hyundai Oilbank Co., South Korea's smallest refiner by capacity, has bought its first Iranian condensate cargoes to prepare for trial runs at a new refining unit in its joint venture with Lotte Chemical.
Numaligarh refinery plans $3 B expansion to treble capacity
Numaligarh Refinery Ltd. plans a $3 B expansion of its 60 Mbpd refinery in Assam.
Big Dakota pipeline to give Gulf Coast refiners another option for crude supply
The Dakota Access pipeline will open in Q4, giving refiners along the Gulf Coast another option when looking for crude.
Motiva Convent refinery catches fire, HCU heavily damaged, no injuries reported
A blaze broke out Thursday at Motiva Enterprises 235 Mbpd Convent, Louisiana refinery, heavily damaging the structure of the heavy oil hydrocracker before being extinguished in the afternoon.
Refiners on track to spend record on US clean fuel standards
Major refiners like Valero Energy Corp. are on track to pay record amounts this year for credits to comply with US renewable fuel rules, a trend that hurts profits and has some looking to export more to avoid the cost.
Oman says new refinery capacity to cut crude oil exports
Oman's crude oil exports will drop by about 50 Mbpd when new refining capacity comes onstream in the northern city of Sohar by early 2017.
Meridian Energy Group selects Vepica USA, to undertake engineering definition of Davis refinery
Meridian Energy Group has finalized its selection of Vepica USA, Inc. to perform the engineering definition for the Davis refinery.
LyondellBasell 's Houston refinery returns to normal operations
LyondellBasell Industries returned its Houston refinery to normal operations Wednesday, one day after a power interruption on a unit cut production in half.
Singapore refinery profits at two-year low as naphtha joins glut
Singapore's oil refining profits dropped to two-year lows, in the latest sign that the industry is pumping out too much fuel for the market to absorb.
Global glut of oil products threatens crude recovery
Gasoline and diesel stockpiles have swollen to record highs across the globe, leaving refiners and traders few places to dump excess supplies and threatening large-scale production cuts that could derail an oil price recovery.
- Technip Energies, Shell Catalysts & Technologies move towards an exclusive global alliance for carbon capture 11/14
- India shaping up as refining hub, to rely on fossil fuels until 2040 11/14
- Sinopec starts up 1.2-MMtpy ethylene complex in north China's Tianjin 11/14
- US refiner margins to stabilize next year as plant closures cut supply 11/14
- Germany blocks oil firms from using past emissions credits to support biofuel industry 11/14
- Japan refiners maintain profitability in H1, outperform Asian rivals 11/14
