Refining
Venezuela falls behind on oil-for-loan deals with China, Russia
HOUSTON/CARACAS (Reuters) -- Venezuela's state-run oil company, PDVSA, has fallen months behind on shipments of crude and fuel under oil-for-loan deals with China and Russia, according to internal company documents reviewed by Reuters.
ClearSign launches new burner for refinery, industrial applications
SEATTLE – ClearSign Combustion Corporation announced that it has launched a new burner product based on its Duplex technology for refinery and industrial process heater applications.
Deadline set for bids on Moroccan oil refiner Samir
RABAT (Reuters) -- The Moroccan court-appointed administrator for oil refiner Samir has set a deadline for prospective buyers to submit bids for the country's only refinery.
US refiners give mixed reviews of GOP-backed border tax plan
NEW YORK (Reuters) -- US independent refiners like Phillips and Valero have offered mixed support for Republican efforts to boost American jobs and products, expressing concerns about how a border tax on imports could upend the energy ecosystem.
WorleyParsons awarded Chevron EPCM and fabrication contract
WorleyParsons has been selected to provide engineering, procurement, construction management and fabrication services for Chevron’s Salt Lake Refinery Retrofit Project in Salt Lake City, Utah.
Saudi to supply full March oil volumes to two Asian buyers
SINGAPORE (Reuters) -- Saudi Aramco will supply full contract volumes of crude oil to two Asian buyers in March, two industry sources with knowledge of the matter said on Wednesday.
Husky sells first Atlantic Canada crude cargo bound for China
CALGARY, Alberta (Reuters) -- Husky Energy has sold its first cargo of crude oil from its offshore Atlantic Canada operations bound for China, a company spokesman said on Tuesday.
Crude cargo lawsuit drags BP's oil trading division into the red
LONDON (Reuters) -- BP's oil trading business, one of the biggest in the sector, reported a rare loss in the fourth quarter after it lost a $70 million lawsuit over an oil cargo delivered to a Moroccan refinery.
Refiner Neste posts strong renewable profits, mulls investment
HELSINKI (Reuters) -- Finnish refiner Neste reported a rise in annual operating profit on Tuesday led by renewables and said it would look to expand in biofuels, possibly through investment in the United States or Singapore.
Indian Oil says crude processing to edge up in 2017/18
NEW DELHI (Reuters) -- Indian Oil Corp, the country's largest refiner, expects its crude processing to inch up in 2017/18 despite planned maintenance at some plants.
- 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
