Refining
China's teapot plants form new club to beat rivals
BEIJING (Reuters) — A group of independent Chinese oil refiners is clubbing together to survive an onslaught by state-owned giants and the rise of private chemical giants, but industry analysts said the new alliance may find it hard to stick.
Harvey may pinch some Gulf Coast refining, chemical projects
NEW YORK/HOUSTON (Reuters) — Oil and petrochemical plants along the US Gulf Coast intend to go ahead with plans for near record spending on expansions next year, despite Hurricane Harvey driving up labor costs and slowing work, experts said.
Croatia could turn its smallest refinery into biomass plant
ZAGREB (Reuters) — Croatia’s loss-making refinery in the central town of Sisak could be turned into logistics center and a facility to refine biomass, consultants Deloitte have proposed.
Magellan Midstream to expand Texas refined petroleum products pipeline system
TULSA, Okla. — Magellan Midstream Partners, L.P. announced plans to expand its refined petroleum products pipeline system to handle incremental demand for transportation of gasoline, diesel fuel and jet fuel to central and north Texas markets.
Essar Oil UK to spend $250 MM upgrading Stanlow refinery
NEW DELHI/MUMBAI (Reuters) — Essar Oil UK expects a $250-MM upgrade of its Stanlow refinery in northwest England to improve its basic profit margin by $1/bbl as it will be able to process a greater variety of cheaper crude oils and raise output, its chief executive said on Wednesday.
China's Sinopec, Jiangxi Copper set up fuel retail JV
BEIJING (Reuters) — Jiangxi Copper Corp said on Wednesday it would set up a joint venture with the Jiangxi region branch of Chinese refining giant Sinopec to market oil products in the southeastern province of the country.
Florida braces for second fuel supply hit as Hurricane Irma approaches
(Reuters) — Fuel distributors and traders in Florida braced for a second supply shock as Hurricane Irma barreled toward the state on the heels of disruptions from Hurricane Harvey in Texas.
Asian traders look to snap up US crude in wake of Hurricane Harvey
SINGAPORE (Reuters) — Some oil traders in Asia are looking to snap up crude cargoes from the United States after Hurricane Harvey closed US refineries, denting local demand and pushing out the price spread between U.S and Atlantic Basin crude benchmarks.
ExxonMobil: Baytown restart activities continue, pipelines beginning to transport fuels
IRVING, Texas — ExxonMobil said that facility assessments and restart activities continue at its Baytown refinery, and that it has made significant progress in restarting chemical production, pipelines and other logistical infrastructure in the Houston area. The company’s fuel terminals in Houston are open and supplying gasoline and diesel to customers.
Refinery worker dies after fire at HollyFrontier Kansas refinery
NEW YORK (Reuters) — A worker has died due to injuries from a fire at HollyFrontier's El Dorado, Kansas refinery, a local hospital confirmed on Tuesday.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
