Refining
Petrobras includes Texas refinery, African assets in divestment plan
SAO PAULO (Reuters) -- Petróleo Brasileiro SA will include its Pasadena, Texas refinery and its African assets in a divestment plan, the Brazilian state-controlled oil company said in a Wednesday securities filing.
Shell proposes adding Russian oil to Brent benchmark
LONDON (Reuters) -- Royal Dutch Shell on Wednesday urged oil pricing agency S&P Global Platts to protect the dated Brent crude benchmark from declining North Sea supply by including other grades, such as Russian Urals, in its price-setting process.
Russia boosts Urals oil flow to India as OPEC cuts output
MOSCOW (Reuters) -- Russia has steeply raised Urals oil supplies to India, taking market share from OPEC countries that are cutting production as part of a global pact to prop up prices, traders said and shipping reports showed on Wednesday.
UN reports sharp drop in Cuban exports of refined oil products
HAVANA/HOUSTON (Reuters) -- Cuban exports of refined oil products fell about 97% between 2013 and 2016, according to a United Nations trade report released this week, reflecting falling supplies from its political ally Venezuela.
Praj unveils India’s first integrated bio-refinery
PUNE, India -- Nitin Gadkari, India's Minister for Road Transport, Highways and Shipping, inaugurated Praj's cellulosic ethanol demonstration plant near Pune, India. It is India's first integrated bio-refinery.
Eni to build crude oil refinery in Nigeria
ABUJA (Reuters) -- Italian oil company Eni plans to build a crude refinery in Nigeria with capacity of 150,000 bpd through its Agip subsidiary, the country's oil minister said on Tuesday.
Calumet announces launch of uninhibited transformer oil
INDIANAPOLIS -- Calumet Specialty Products Partners, L.P., an independent producer of specialty hydrocarbon and fuel products, announced the launch of CALTRAN 60-00 Group U, a product that is the company's first uninhibited transformer oil.
India's record jet fuel exports set to fall as air travel soars
SINGAPORE/NEW DELHI (Reuters) -- India's record jet fuel exports may fall this year as an expanding middle class and cheaper air travel boost local consumption, refinery executives and analysts told Reuters, potentially raising ailing profit margins for the fuel.
Japanese oil refiners Idemitsu, Showa Shell sign alliance deal
TOKYO (Reuters) -- Japanese oil refiners Idemitsu Kosan Co Ltd and Showa Shell Sekiyu KK said on Tuesday that they have signed a deal to form a business alliance ahead of Idemitsu's stalled merger with Showa Shell.
Honeywell UOP signs agreement for $1.6-B Jordanian refinery expansion
AMMAN, Jordan – Honeywell UOP announced that it has signed an agreement with the Jordan Petroleum Refinery Company (JPRC) to facilitate a $1.6 B expansion of its refinery in Zarqa, Jordan. This expansion will increase the capacity of the facility to 120,000 bpd and will allow JPRC to upgrade the quality of its product to meet Euro V emissions specifications.
- Purem by Eberspaecher develops new direct air capture technology 9/18
- Aker-Nscale JV signs multi-billion dollar AI infrastructure agreement with Microsoft 9/18
- Tracerco spearheads tracer technology in first U.S. carbon capture and storage (CCS) project 9/18
- Russia’s Novatek redirects gas condensate to Novorossiisk after Ust-Luga complex shutdown 9/18
- HyOrc and Start Lda form JV to launch national green methanol platform in Portugal 9/18
- Fatal accident at Mongstad refinery 9/18
