Refining
Asia, Mideast oil product tankers idle as slow trade cuts earnings
SINGAPORE (Reuters) -- Dozens of tankers used to carry refined oil products are sitting idle in Asia and the Middle East as slow trade and an oversupply of ships have cut daily earnings to as little as a fifth of last year's level, shipbrokers and traders said.
Rosneft's Volga refineries in limbo over tax reform, low oil prices
MOSCOW (Reuters) -- Some of the domestic refineries of Russia's largest oil producer Rosneft have been hit hard by tax reforms and weaker oil prices, putting a strain on profits, sources and analysts told Reuters on Friday.
Gasoline sails away from American drivers as East Coast stocks swell
LONDON/NEW YORK (Reuters) -- Traders are preparing to export cargoes of coveted gasoline from the US East Coast after months of heavy importing and local production swamped the region.
China's Jan crude imports rise to third-highest on record
(Reuters) -- China's crude imports in January rose 27.5% from a year earlier to the third-highest volume ever, suggesting robust demand to fill storage and to make up the shortfall as domestic production continues to fall.
Russia to boost Urals exports in first half despite cutting oil output with OPEC
MOSCOW (Reuters) -- Russia is set to post higher exports of Urals crude for the first half of this year despite cutting oil production ahead of schedule under a deal with OPEC aimed at boosting prices.
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.
- 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
- ExxonMobil starts operations on second carbon capture project in Louisiana (U.S.) 2/19
- Pall introduces two new technologies to reduce CAPEX and TCO in oil and gas processing 2/19
