Refining
YPF among bidders for Shell's Argentina refinery
BOSTON/BUENOS AIRES (Reuters) -- Argentina’s state-run oil company YPF SA is among the bidders for Royal Dutch Shell Plc's refinery and network of gasoline stations in Argentina, according to two people familiar with the process.
Diversify or die: China's independent oil refiners adapt to new challenges
BEIJING (Reuters) -- Cut off from lucrative fuel export markets and seeing their margins squeezed by new taxes, China's independent oil refiners are branching out into new sectors from clean energy and lumber as well as expanding their trading to overcome the challenges.
Hyundai Oilbank buys 2nd US Southern Green Canyon crude for June
SEOUL (Reuters) -- Hyundai Oilbank, South Korea's smallest refiner by capacity, will receive its second cargo of US Southern Green Canyon crude in June, a company spokesman said on Monday.
Asia naphtha demand fades as petchem firms snap up LPG
SINGAPORE (Reuters) -- Asian petrochemical makers are ramping up purchases of liquefied petroleum gas (LPG) to use as an alternative feedstock to naphtha, looking to snap up cheap cargoes as heating demand for LPG fades in the wake of winter.
China, Myanmar reach agreement on oil pipeline
BEIJING (Reuters) -- China and Myanmar have reached an agreement on an oil pipeline between the neighboring countries and the project will open "very quickly," China's vice foreign minister Liu Zhenmin said on Monday.
China state refiners given 1.3 MMt of general trade fuel quotas
BEIJING (Reuters) -- China's state oil refiners have been granted a combined 1.315 MMt of quotas to export refined fuel under so-called general trade terms, three sources familiar with the matter said on Monday.
India's oil imports from Iran top 500 Mbpd in 2016–2017
NEW DELHI (Reuters) -- India's Iran oil imports jumped to a record high in 2016–2017 topping 500 Mbpd as refiners boosted purchases after lifting of some Western sanctions against Tehran last year.
PKN ORLEN to supply 100 Mtpy of propylene to Basell Orlen Polyolefins
PKN ORLEN will supply up to 100,000 t of propylene annually to Basell Orlen Polyolefins. The contract covers the production volume of the Metathesis Unit, currently constructed in Płock and scheduled for commissioning in the second half of 2018.
Air Liquide signs long-term contract with Oman petroleum group
Air Liquide and Oman Oil Refineries and Petroleum Industries Company (Orpic), Oman’s national refining company, recently signed a long-term agreement for the supply of nitrogen to the Liwa Plastics Industries Complex (LPIC), a new plastics production complex including the country’s first steam cracker Orpic is adding to its existing production facilities, in Sohar industrial port area in Oman.
Sinopec exports first diesel cargo under general trade terms in 13 yr
BEIJING (Reuters) -- Top Asian refiner Sinopec Crop exported its first refined fuel cargo under so-called general trade terms in 13 yr, the company said on Friday, as China's state-owned refiners adapt to tighter government export quotas.
- INEOS receives €300-million grant to rejuvenate and decarbonize its Lavera plant 2/19
- AGC Vinythai commissions expanded chlor-alkali plant and e-BiTAC electrolyzers from thyssenkrupp nucera 2/19
- BASF launches AdBlue GE (green electricity) to decarbonize mobility value chain 2/19
- Carbon Neutral Fuels select Johnson Matthey, bp and Honeywell UOP technologies for UK SAF plant 2/19
- Orlen plans maintenance at Polish, Czech refineries in 2026 2/19
- India's Bharat Petroleum, HPCL Mittal buy Venezuelan oil 2/19
