Refining
HP Innovations
FLNG needs offshore know-howMore and more developers are considering floating liquefied natural gas (FLNG) as a strong option for monetizing gas resources. The sustained work over the last five years ..
Petro Rabigh to halt Saudi refinery operations for necessary maintenance
Petro Rabigh said supplies of power and steam had been interrupted from its provider, which forced the firm to stop its operations. The firm utilizes 400,000 bpd of crude oil and 1.2 million tpy of ethane as primary feedstock to produce several refined petroleum products and petrochemical products.
Petroequador to double Amazonas refinery output
The director of Equador's state-owned oil company says the aim is to raise capacity at the refinery to 40,000 bpd, up from the current 20,000 bpd. Imports of refined products cost Ecuador an estimated $4.0 billion a year. The government plans to reduce the amount of imported petroleum products.
PetroChina boosts Lanzhou refinery jet fuel yields with new hydrodesulfurizer
The refining unit, known as a hydrodesulfurizer, will help the PetroChina subsidiary produce 1 million tpy of jet fuel, making it the largest jet-fuel production base in western China, parent company China National Petroleum Corp. said Monday in an in-house newsletter.
Chinese, Cambodian firms to jointly build first oil refinery in Cambodia
Sinomach China Perfect Machinery will carry out construction of the refinery. Construction is expected to complete by end-2015, Xinhua said, without mentioning a start date. Upon completion, the plant will have the capacity to refine 5 million tpy of oil products, equivalent to about 100,000 bpd,
US gasoline demand rises 4.5% from prior week
The 4.5% increase to 4.5% to 8.95 million bpd came as gasoline prices sank 15 cents per gallon over the Dec. 7-21 period. Gasoline prices are now at their lowest level in a year and are flat compared with last year's level, said John Gamel, gasoline analyst for MasterCard Advisors SpendingPulse.
PdVSA holds meetings with Repsol, Eni to discuss fuel, energy ventures
In a statement released Wednesday, PdVSA, as the Venezuelan company is known, didn't specify what the discussions with Repsol would include. It noted, however, the state entity is in the process of "reviewing and advancing" agreements with its Spanish counterpart, as well as Italy's Eni .
India reports monthly decline in refinery runs
Refinery runs were down 3% from the previous month. However, throughput rose 6.6% on year, and was ahead of the government's target of 14.93 million tons, the data showed. The government didn't give any reasons for changes in the output. The data are based on production from 20 refineries.
Reliance Industries controls Jamnagar refinery fire at west India complex
Reliance, India's largest private refiner by capacity, has two refineries in the Jamnagar complex in the western state of Gujarat. This refinery is the older one and supplies products to the local market, while a new 580,000-bpd refinery is focused on exports. The crude unit will likely be restarted in two days.
API sees lower US oil, gasoline, distillate demand
The US used the lowest volume of oil in 17 years in November, the API trade group said. With the exception of May, US oil use has fallen year-on-year in each month so far in 2012. Eleven-month demand is down 2.1%, or around 400,000 bpd, from the same period a year earlier.
- 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
