Refining
GE to provide power solution for Petronas’ Pengerang complex
GE will supply 17 emergency diesel generator packages, five transportable switch rooms and the electrical balance for Petronas’ Pengerang Integrated Petrochemical Complex.
Saudi Aramco contains fire at Ras Tanura, eight injured
Eight workers were injured in a fire of unknown origin at Saudi Aramco’s Ras Tanura terminal.
India to buy 6 MMbbl of Iran oil for emergency reserves
India is set to buy 6 MMbbl of Iranian crude for its strategic oil reserves as negotiations with the United Arab Emirates' national oil company for supplies are stuck over commercial terms.
Curacao inks deal with China firm to run Isla refinery
The government of Curacao has signed a preliminary agreement with China's Guangdong Zhenrong Energy to operate the aging Isla refinery and invest some $10 B to upgrade the facility.
Hedge funds pile into gasoline amid pipeline, refinery woes
Money managers have amassed their largest bullish position in US gasoline in more than three months as pipeline and refinery outages send futures and pump prices of the motor fuel soaring.
Chinese gasoil exports may hit Asia refiner margins for rest of year
Asian gasoil distillates refining margins are likely to remain bearish for the next few months on larger than usual exports from China.
Schneider Electric releases Unit Performance Suite for the oil and gas industry
Schneider Electric has released software for the oil and gas industry that packages closed-loop, real-time optimization with monitoring and workflow in a single solution for refineries.
CVR’s Wynnewood refinery to receive SCOOP crude from new pipeline
Velocity Midstream has entered into definitive agreements with CVR Refining for the construction of a pipeline and terminal directly linking the fairway of the South Central Oklahoma Oil Province to CVR’s Wynnewood refinery.
Koch acquires process optimization solution provider EFT Energy
Koch Industries acquired EFT Energy, a software-as-a-service and solutions provider in the fields of industrial and manufacturing predictive analytics, process optimization, and industrial and commercial energy management.
EIA: Regional refining capacity makes US major importer and exporter of gasoline
The US simultaneously imports and exports gasoline, because of regional differences in gasoline supply and demand balances.
- Indonesia to remove import duties on some plastic products and LPG for petrochemical industry 4/28
- Europe's jet fuel imports from Middle East stop, raising supply crunch fears 4/28
- Nigeria's Dangote oil refinery running gasoline unit at 75% capacity 4/28
- Chevron likely to close deal for Singapore refinery stake sale to Eneos in May 4/28
- Geolander pioneers high-density nodal seismic in Angola with first STRYDE deployment 4/28
- Clariant launches new CATOFIN™ 1000 propane dehydrogenation catalyst 4/28
