Refining
Asia set for biggest refining capacity jump in three years
SINGAPORE (Reuters) -- Asia will post its biggest net refining capacity addition in three years in 2017, further boosting demand for crude in the world's biggest and fastest growing oil consuming region.
Three new reactors arrive at ExxonMobil's Rotterdam refinery
Three brand new reactors for ExxonMobil’s new hydrocracker arrived at the Rotterdam, Netherlands, refinery site last week. After the arrival of the vacuum tower early this fall, the arrival of the new reactors highlights the progress of the construction that is well underway at the Rotterdam refinery.
Russia’s first catalyst test center opens at the Gazprom Neft refinery
Gazprom Neft has opened an engineering center for the testing of secondary-refining catalysts in Omsk. Russia’s first ever pilot facility for catalytic cracking has begun work within the center, allowing catalysts to be tested on various types of feedstock, as well as identifying the conditions and regimes most appropriate for catalytic cracking facilities throughout Russia’s refineries.
Saudi Arabia crude exports fall, refined products rose
DUBAI (Reuters) -- Saudi Arabia's crude oil exports fell in October by 176,000 bpd from the month before, despite high production, but its refined products shipments rose as the kingdom expands its refining power, official data showed on Monday.
Idemitsu buys fewer Showa Shell shares after family opposes deal
TOKYO (Reuters) -- Idemitsu Kosan Co said on Monday it completed the purchase of just under a third of rival refiner Showa Shell Sekiyu KK, cutting the amount of shares it planned to buy after facing opposition from Idemitsu's founding family.
Indonesia assigns Pertamina to build Bontang refinery
JAKARTA (Reuters) -- The Indonesian government has assigned state energy company PT Pertamina to build and operate a refinery at Bontang in East Kalimantan in a bid to speed up development of the project, a state official said on Friday.
As bruising year ends, US refiners brace for more costly regulations
NEW YORK (Reuters) -- US refiners such as Valero Energy Corp and Marathon Petroleum Corp are bracing for stricter, smog-busting gasoline regulations set to hit in January, threatening more headwinds for an industry that has just endured its least profitable year since the shale boom started five years ago.
Thai IRPC to invest $280 MM to expand petchem output capacity
BANGKOK (Reuters) -- Thailand's integrated oil refiner IRPC Pcl plans to invest $280 million next year with an aim to expand the production capacity of a petrochemical product and boost its long-term earnings growth, a top executive said.
Shell, Varo in talks on German refinery stake sale
LONDON (Reuters) -- Royal Dutch Shell and Varo Energy are in advanced talks on the sale of Shell's 37.5% stake in the 220,000 barrels per day refinery in Schwedt, Germany, they said on Thursday.
Tecnicas Reunidas wins Aramco Ras Tanura clean fuels contract
KHOBAR, Saudi Arabia (Reuters) -- Spanish engineering and construction firm Tecnicas Reunidas has won a contract from Saudi Aramco to build a clean fuels unit at its Ras Tanura refinery in Saudi Arabia, three industry sources said on Thursday.
- 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
