Refining
Iran targets new investments in refineries abroad
"Buying the oil refineries or their shares abroad is the policy of Iran after the lifting of sanctions," said Abbas Kazemi, head of the National Iranian Oil Refining and Distribution Co.
Pemex awards EPC work to ICA Fluor to upgrade Tula refinery at Hidalgo
Once the upgrade is completed, the refinery’s processing capacity will increase from 315,000 bpd to 340,000 bpd. The project’s mechanical completion is scheduled for the second quarter of 2018.
Honeywell installs new control system for Russia’s largest refining complex
The advanced DCS will simplify operations and improve the process efficiency of the refinery’s delayed coking unit, which extracts valuable fuels from heavy oil residues of the refining processes.
Valero shuts FCCU at Port Arthur refinery in Texas following weekend fire
The fire stemmed from a hole in the FCCU's fractionator, Reuters reported, citing company sources. The time needed to repair and return the unit to normal operations was unknown.
Aramco Services opens US fuels research center in Detroit
Research areas emphasized at Saudi Aramco’s new Detroit R&D center include fuel combustion and emissions, technology integration and recent strategic transport studies.
Saudi Aramco, Hyundai Heavy to align on new downstream, EPC business
The agreement lays out a comprehensive, multi-faceted business cooperation framework in areas such as engineering, procurement and construction (EPC) and downstream.
Eni sells Slovenian downstream business to MOL
MOL signed an agreement with Eni relating to the acquisition of Eni’s entire retail network and wholesale activities in Slovenia. Investment terms were not disclosed.
SOCAR looks to buy stakes in Egyptian refineries
"We would like to widen our activities in Egypt, particularly to buy stakes in refineries there and participate in Egypt's oil refining," SOCAR's president Rovnag Abdullayev told reporters.
Honeywell to supply technology, automation for Iraq’s new Karbala refinery
The grassroots refinery will use leading refining processes from UOP and automation controls from Honeywell Process Solutions (HPS) to allow the Karbala refinery to maximize production.
DuPont, Blasch form global refining partnership on sulfur recovery technology
The suite of products that will be represented will begin with HexPro ceramic boiler ferrules and VectorWall reaction furnace internals for the sulfur recovery industry, with more products to be added.
- CTCI awarded $417-MM EPC contract to build ethylene storage in Qatar 11/15
- Russian refineries cut oil runs due to losses, closures loom 11/15
- Spain's Moeve swings to quarterly loss on weak refining margins 11/15
- Asia naphtha supply expected to remain tight over next two years 11/15
- Countries, companies lag in response to tackle methane emissions, U.N. says 11/15
- U.S. energy draws up a wish list for new Trump administration 11/15
