Refining
Record US crude stocks set to decline as summer refinery runs ramp up
Wood Mackenzie forecasts refinery crude runs will rise significantly in April as refineries exit seasonal maintenance and gear up for the summer driving season.
Saudi Arabia offers crude discounts to hold market share with Asian refiners
Saudi Arabia is forced to act, as other crude suppliers have been making steady inroads in to Asia in the last few years and reducing Saudi Arabia’s market share, according to Wood Mackenzie.
Motiva to link Norco, Convent refineries on US Gulf
This multi-phased project creates significant operational opportunities, according to Motiva officials, including increasing access to advantaged light oil, optimizing inter-plant intermediates and conversion units, increasing distillates yield and reducing operating costs.
Haldor Topsoe, Ferrostaal to launch downstream project development JV
The JV will offer expertise in project planning, project development and financing with worldwide leading technologies for the petrochemical, refining and environmental technology sectors.
USW workers end strike at all Tesoro refineries
USW members at the Martinez refinery were the last of three Tesoro groups to finalize local issues and approve the tentative national agreement that was reached on March 12.
AFPM names US refiner Tesoro’s Goff as chairman
The American Fuel & Petrochemical Manufacturers (AFPM) announced that Gregory J. Goff, chairman, president and CEO of Tesoro, has been named chairman of the board at AFPM.
Neste Oil plans two-month Porvoo refinery turnaround as largest ever
The turnaround will be started by unit shutdowns after Easter and will take approximately eight weeks.
Striking USW workers at top refinery approve deal
Union workers at the Motiva refinery in Port Arthur, Texas, unanimously approved a new contract.
GTC licenses benzene removal tech to CIS refiner
GTC will supply the basic engineering package, technical services, proprietary catalyst and equipment for the new unit at the Seydi refinery. Start-up is planned for 2016.
CB&I wins technology, FEED work for new delayed coker at Serbia refinery
The project scope includes an extensive process planning study for the refinery, which will evaluate how to best integrate the delayed coker with the refinery's existing CB&I fluid catalytic cracking unit and Chevron Lummus Global hydrocracker.
- 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