Refining
Idemitsu passed over concerns of founder's son to Showa Shell merger
Idemitsu Kosan Co passed over concerns that the son of its founder raised privately about plans for Japan's second-biggest refiner to merge with smaller rival Showa Shell.
Uganda in oil refinery talks with South Korean SK Engineering
Uganda has begun negotiations with a consortium led by South Korea's SK Engineering for the building of a crude oil refinery and ended talks with a group led by Russia's Rostec Global Resources.
Venezuela Amuay refinery ups output, restarts distillation unit
Venezuela's Amuay refinery has restarted a distillation unit and is now processing 350 Mbpd.
PBF takes over Los Angeles-area Exxon refinery
US refiner PBF Energy took ownership on Friday of a Los Angeles-area refinery purchased from Exxon Mobil Corp for $537.5 M, clearing the way for it to focus on further North American acquisitions.
California probes oil refiners for gas price manipulation
California has issued subpoenas to Valero Energy Corp. and Chevron Corp. as part of a probe into whether oil refiners in the state have manipulated gasoline prices since 2014.
India Essar eyes sale of Gujarat refinery
Essar Group is exploring the sale of its 405 Mbpd oil refinery in the western state of Gujarat.
Trafigura in talks to buy stake in Essar Oil
Commodities trader Trafigura Group Pte. is in talks to buy a minority stake in Essar Oil Ltd., which runs India's second biggest private sector refinery, in a deal that could be valued at around $6.5 B.
Viewpoint: “Intelligizing” the refinery for business sustainability
In today’s digital world, the line between IT and OT is blurring, and connectivity has become both inescapable and necessary. Connectivity is driving an influx of data that is both beneficial and overwhelming, especially as we explore how to apply this data in meaningful ways.
Global: Meeting Africa’s demand for oil products
Demand for refined oil products is expected to continue growing in Africa, both in the short and medium terms. However, the continent’s refining capacity is unlikely to keep pace as commercial risks threaten to hold back planned new refineries and the expansion of existing facilities.
Refining: Refinery investments focus on ultra-low-sulfur gasoline
Mexican oil company Pemex recently announced major refinery improvement projects that will represent a total investment of $23 B over the next three years.
- Technip Energies, Shell Catalysts & Technologies move towards an exclusive global alliance for carbon capture 11/14
- SOCAR, Baker Hughes partner on integrated gas recovery, H2S removal system at the Heydar Oil Refinery 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
