Refining
Shell completes the sale of Shell Refining Company in Malaysia
Shell has completed the sale of its 51% shareholding in the Shell Refining Company Berhad in Malaysia, which includes the 125,000-bpd refinery in Port Dickson, to Malaysia Hengyuan International Limited for $66.3 million.
EIA: Crude stocks rise unexpectedly, product inventories down
(Reuters) -- US crude stocks rose last week as refineries hiked output, while gasoline stocks decreased and distillate inventories fell, the Energy Information Administration said on Wednesday.
Asia set for biggest refining capacity jump in three years
SINGAPORE (Reuters) -- Asia will post its biggest net refining capacity addition in three years in 2017, further boosting demand for crude in the world's biggest and fastest growing oil consuming region.
Three new reactors arrive at ExxonMobil's Rotterdam refinery
Three brand new reactors for ExxonMobil’s new hydrocracker arrived at the Rotterdam, Netherlands, refinery site last week. After the arrival of the vacuum tower early this fall, the arrival of the new reactors highlights the progress of the construction that is well underway at the Rotterdam refinery.
Russia’s first catalyst test center opens at the Gazprom Neft refinery
Gazprom Neft has opened an engineering center for the testing of secondary-refining catalysts in Omsk. Russia’s first ever pilot facility for catalytic cracking has begun work within the center, allowing catalysts to be tested on various types of feedstock, as well as identifying the conditions and regimes most appropriate for catalytic cracking facilities throughout Russia’s refineries.
Saudi Arabia crude exports fall, refined products rose
DUBAI (Reuters) -- Saudi Arabia's crude oil exports fell in October by 176,000 bpd from the month before, despite high production, but its refined products shipments rose as the kingdom expands its refining power, official data showed on Monday.
Idemitsu buys fewer Showa Shell shares after family opposes deal
TOKYO (Reuters) -- Idemitsu Kosan Co said on Monday it completed the purchase of just under a third of rival refiner Showa Shell Sekiyu KK, cutting the amount of shares it planned to buy after facing opposition from Idemitsu's founding family.
Indonesia assigns Pertamina to build Bontang refinery
JAKARTA (Reuters) -- The Indonesian government has assigned state energy company PT Pertamina to build and operate a refinery at Bontang in East Kalimantan in a bid to speed up development of the project, a state official said on Friday.
As bruising year ends, US refiners brace for more costly regulations
NEW YORK (Reuters) -- US refiners such as Valero Energy Corp and Marathon Petroleum Corp are bracing for stricter, smog-busting gasoline regulations set to hit in January, threatening more headwinds for an industry that has just endured its least profitable year since the shale boom started five years ago.
Thai IRPC to invest $280 MM to expand petchem output capacity
BANGKOK (Reuters) -- Thailand's integrated oil refiner IRPC Pcl plans to invest $280 million next year with an aim to expand the production capacity of a petrochemical product and boost its long-term earnings growth, a top executive said.
- Hanwha Ocean signs strategic MoU with Kanata Clean Power for proposed $15.7-B, 12-MMtpy FLNG project in Canada 6/18
- Burckhardt Compression secures milestone order for first industrial scale liquefied CO₂ carrier supporting Northern Lights CCS project 6/18
- Dynelectro dispatches 250-kW electrolyzer unit to Syntholene’s Iceland eSAF project 6/18
- EIA: U.S. crude inventories decline for tenth week to over 40-yr low 6/18
- Australia opens first carbon refinery, making new products from captured CO2 6/18
- ABB expands non-invasive sensing portfolio to advance simpler, safer temperature measurement 6/18
