Refining
Safety-Kleen begins work on third North America used oil re-refinery
Safety-Kleen Systems plans to move forward with preliminary engineering for its third North American used oil re-refinery, designed to further solidify the company's position as the world's leading re-refiner, it said on Wednesday.
Husky shuts Lima refinery in Ohio for repairs
Husky Energy has temporarily suspended production at its refinery in Lima, Ohio, in order to carry out repairs on a crude unit furnace, the company said on Wednesday.
Engineering firm ITT inks products, services deal with Saudi Aramco
Saudi Aramco and ITT Corp. signed a comprehensive seven-year strategic partnership agreement for ITT to provide products and services to the Saudi oil producer, the companies said on Tuesday.
IEA seeks increased cooperation with China
After a decade of high growth led to China becoming the world’s biggest energy consumer, International Energy Agency executive director Nobuo Tanaka says that closer alignment with the IEA would be of mutual benefit.
Canada issues patent for new heavy oil upgrader
Executives with Ivanhoe said that a new patent was issued in Canada related to Ivanhoe's proprietary HTL (heavy-to-light) heavy oil upgrading process. The new patent, issued in the name of Ivanhoe Energy, covers petroleum applications of the core HTL process and protects the HTL process itself as well as the upgraded products produced from the HTL process.
NPRA decries US EPA plan for E15 gasoline labels
Charles T. Drevna, president of the National Petrochemical & Refiners Association (NPRA), issued a statement on Tuesday in response to the Environmental Protection Agency’s E15 misfueling rule.
US refiner Sunoco expands retail fuels network into Alabama
US refiner Sunoco announced Tuesday that it has added 13 new Sunoco-branded sites to its growing network of more than 4,900 retail locations selling transportation fuels and convenience items.
Mississippi ranked as world's top spot for oil and gas investment
Mississippi is ranked as the top place in the world for oil and gas investment, according to the opinions of international petroleum executives and managers in the annual Global Petroleum Survey, released today by the Fraser Institute.
Total unloads UK downstream marketing assets
Total has signed a sale and purchase agreement to sell most of its marketing assets in the UK, the Channel Islands and the Isle of Man to Rontec Investments, a consortium led by Snax 24, an independent forecourt operator in the UK.
Release of strategic oil reserves: New form of economic stimulus
On June 23 International Energy Agency (IEA) members announced the release of 60 million barrels of strategic oil reserves over a month—the equivalent of 2 million barrels per day (bpd) for 30 days. Half of this amount—30 million barrels—will come from the US Strategic Petroleum Reserve (SPR), which currently holds 726.5 million barrels of crude. The release of 60 million barrels over 30 days will temporarily increase world oil supply by about 2.3 percent.
- Brazil's Petrobras approves $1.2 billion investment for renewable fuels plant 6/22
- First batch of equipment arrives in Kazakhstan for $7.7-B Atyrau polyethylene project 6/22
- Explosion at Qatar's Ras Laffan LNG complex kills 13, injures 66 6/22
- Asia has plenty of crude oil, but refined fuels remain tight 6/22
- Fire extinguished at Marathon's Galveston Bay Refinery in Texas (U.S.) 6/22
- El Nino, expanding ethanol use squeeze India sugar supply 6/22
