Refining
Western Refining buys Wingate NGL fractionation plant from Conoco
The Wingate facility includes rail loading and offloading capabilities and storage facilities in addition to NGL fractionation capability. The transaction is expected to close in early October 2014.
Technip to build new India industrial gases plant at BPCL’s Kochi refinery
The industrial gas complex is designed to cater to the requirement of industrial gases (hydrogen, nitrogen and oxygen) of BPCL for its integrated refinery expansion project (IREP), which will increase crude refining capacity from 9.5 million tpy to 15.5 million tpy (from 190,000 bpd to 310,000 bpd).
Oberon’s bio-based DME wins EPA approval under renewable fuels rule
Oberon’s biogas-based DME is now eligible for high value D-Code 3 (cellulosic) and D-Code 5 (advanced) renewable identification numbers (RINs) under the Renewable Fuel Standard.
Harvest sells Newfoundland refinery to banker
The sale is comprised of a 115,000-bpd refinery in Come By Chance, Newfoundland, while marketing includes gas stations & assets that sell petroleum products to local markets.
CHS to expand diesel output at Montana refinery
Investments include a new hydrogen plant and crude unit modifications that will increase crude oil throughput and increase diesel production, as well as hydrocracker modifications.
BP unveils recruitment campaign for future downstream leaders
The program is run by BP for candidates around the world to work in refining and marketing, as well as within safety and operational risk, information technology and services.
BP buys Couche-Tard aviation fuels unit in Europe
The deal will add around 73 new airports in the Nordic countries and Northern Europe to Air BP’s global fuels network. The deal, which is subject to regulatory approvals, is expected to close by late 2014.
Rosneft restarts Achinsk oil refinery after fatal fire
From September 1, the enterprise has commenced production of the main types of oil products: straight-run gasoline, diesel fuel, marine fuel and aviation fuel, as well as WLHF (wide light hydrocarbon fraction).
What is the impact of US shale oil on global markets and refinery configurations?
One of the most important factors in determining a refinery’s profitability is its ability to access low-cost feedstocks. This is not to be confused with survivability. Some uneconomic refineries..
Optimize field upgrading of oil sands with slurry-phase combi-cracking technology
Slurry-phase combi-crackers are able to process a much wider range of feeds—including those with very high levels of metals, asphaltenes and sulfur—that cannot be economically upgraded in fixed-bed or ebullated-bed reactors, which makes this process ideal for upgrading oil sands.
- 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