Refining
Unipec, Vitol win tender to supply oil products to Bangladesh
DHAKA (Reuters) — Unipec and Vitol have won a tender to supply oil products to Bangladesh, two government sources with direct knowledge of the matter said on Wednesday.
Gunvor refinery completes modernization project with Implico
HAMBURG/INGOLSTADT — Software and consulting company Implico announced the successful completion of a major modernization project for loading processes at the Gunvor refinery in Ingolstadt. Field equipment for tank truck filling was replaced on all 12 loading bays. Work on the project was completed early this year.
Poland's PKN, Lithuania's railways to sign transport fees deal
WARSAW (Reuters) — The Lithuanian unit of state-run Polish refiner PKN, Orlen Lietuva, and Lithuanian railways firm Lietuvos Gelezinkeliai will on Wednesday sign an agreement in Vilnius ending a long dispute over PKN's costs for fuel transportation in Lithuania, Puls Biznesu daily said quoting unnamed sources.
Clogged oil arteries slow US shale rush to record output
GUERNSEY, WYOMING (Reuters) — A gallon of gasoline that allows a driver on the US East Coast to travel about 25 mi has already navigated thousands of miles from an oil field to one of the world's largest fuel markets.
Russia keeps top spot as China oil supplier in May, Angola pips Saudi again
BEIJING (Reuters) — For the third month in a row, Russia has maintained its spot as China's top crude oil supplier and Angola clung onto the second spot over Saudi Arabia, data from Chinese customs for May imports showed on Friday.
Mexico's Pemex sees restart of Salina Cruz refinery on July 30
MEXICO CITY (Reuters) — Mexican state oil producer Pemex said on Thursday that it expects to restart operations on July 30 at Salina Cruz, its largest oil refinery, after it was hit last week hit by flooding and subsequent fire that forced a shutdown of the plant.
Dangote awards DuPont clean technology contracts for new oil refinery in Nigeria
WILMINGTON, Del. — DuPont Clean Technologies announced today that Dangote Oil Refinery Company Ltd has commissioned a range of advanced proprietary equipment from DuPont for the construction of a new refinery in Lekki, near Nigeria’s capital, Lagos.
Air Liquide to supply hydrogen production technology to largest single train refinery
Air Liquide Engineering & Construction has been selected to supply two hydrogen production steam methane reformer (SMR) units to Dangote Group, the largest manufacturing conglomerate in West Africa.
New Chinese refineries due for test runs in end-June, Aug.
(Reuters) — PetroChina's 260,000 bpd greenfield refinery in southwestern Yunnan province is due for test productions at end of this month, while CNOOC-operated Huizhou plant is targeting August for test runs, according to two senior industry sources with knowledge of the matter.
Fuel oil margins rise to five-year high, potential boon for simple refiners
SINGAPORE (Reuters) — Fuel oil profit margins have surged to their highest in more than 5 yr on lower supplies and rising demand from electric power generators, which may push some refiners to increase their runs.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announces $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
