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Refining

Refinery closures may lead to higher gasoline prices on the U.S. West Coast

California is set to lose 17% of its oil refinery capacity over the next 12 months because of two planned refinery closures. If realized, the closure of the facilities is likely to contribute to increases in fuel price volatility on the U.S. West Coast.

INNIO Group, Gföllner Group establish JV, offering power solutions to the U.S. market

INNIO Group and Gföllner Group have established a joint venture in the U.S., IGPS (INNIO Gfoellner Power Systems LLC). The joint venture aims to meet the rapidly rising demand for decentralized, flexible, and quickly deployable energy solutions.

Nigeria's Dangote refinery plans 1.6-MMbbl fuel storage tanks in Namibia

Nigeria's Dangote petroleum refinery will construct storage tanks in Namibia to hold at least 1.6 MMbbl of gasoline and diesel to supply refined fuel to southern Africa.

Denso’s Covercoat System sets new standard in corrosion prevention

Denso Inc., a global leader in corrosion prevention and sealing technologies, is highlighting its Covercoat™ System, a comprehensive corrosion prevention solution engineered for steel and concrete columns, support legs, structural steel and a wide range of exposed service pipes and more.

Brazil's Petrobras to invest $4.8 B in integration between Reduc refinery and Boaventura complex

Brazilian state-run oil firm Petrobras will invest 26 billion reais ($4.8 billion) in an integration between the Reduc refinery and the Boaventura energy complex in Rio de Janeiro state.

bp's 440,000-bpd refinery in Whiting, Indiana (U.S.), reported flaring due to operational conditions

bp's 440,000-barrel-per-day refinery in Whiting, Indiana, on Monday reported flaring due to operational conditions, the company said.

UK's insolvent Lindsey oil refinery secures some crude supply to keep running for now

Britain's insolvent Lindsey oil refinery has secured some crude supplies to stave off immediate closure, the UK energy ministry said, but a source familiar with the situation said the agreement with supplier Glencore was limited.

Brazil's energy minister hints at possible fuel price cuts

Brazil's Mines and Energy Minister Alexandre Silveira suggested that gasoline and diesel prices could soon be lowered in the country, where state-run oil giant Petrobras controls most of the refining capacity.

Marathon Galveston Bay refinery (U.S.) hydrotreater to remain shut until September

A fire-damaged hydrotreater at Marathon Petroleum's Galveston Bay refinery in Texas (U.S.) will remain shut until September, sources familiar with plant operations said.

Saudi Arabia, Indonesia sign several deals worth around $27 B

Saudi Arabia and Indonesia signed several deals and memorandums of understanding worth around $27 B between private sector institutions in fields including clean energy and petrochemicals, Saudi state news agency SPA reported.

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