Refining
S.Korea's SK Innovation sees favorable refining margins in H2
SEOUL (Reuters) — SK Innovation Co Ltd, the owner of South Korea's top refiner, said on Thursday that it expects solid demand to keep refining margins healthy in the second half of this year.
Marathon Petroleum profit misses as refining margin falls
(Reuters) — Refiner Marathon Petroleum Corp's quarterly profit missed Street view as higher crude acquisition costs weighed on its refining and marketing margins.
Saudi Aramco to complete phase 1 of expanded gas pipeline by year end
KHOBAR, Saudi Arabia (Reuters) — Saudi Aramco will complete the first phase of an expansion of the main gas pipeline across Saudi Arabia by the end of this year, the company said in its weekly magazine, part of an effort to meet the kingdom's rising gas demand.
Essar commissions coke drum structure packages for BPCL’s Kochi Refinery
MUMBAI — Essar Projects India Ltd. (EPIL), an EPC contractor, announced the successful testing and commissioning of the coke drum structure package (CDSP) for Bharat Petroleum Corporation Limited’s Kochi Refinery (BPCL-KR). The contract value of this package is Rs. 645 crores.
Cielo advances construction of garbage-derived feedstocks to biodiesel refinery
VANCOUVER, British Columbia, Canada — Cielo Waste Solutions Corp. announced the hiring of Kwik-Fab Energy Services to dismantle the Company's demonstration plant in Red Deer, AB. and transport it 200 km south to LynCorp Manufacturing's state-of-the-art fabrication shop in Aldersyde, AB.
Cal/OSHA, Chevron reach settlement of citations appeal following 2012 Richmond refinery Fire
OAKLAND, Calif. — Cal/OSHA and Chevron have reached a settlement agreement for a comprehensive plan that will improve safety at the Chevron Richmond refinery and for surrounding communities. The agreement meets and exceeds California's landmark regulation to reduce risk at refineries, which was approved by the Occupational Safety and Health Standards Board in May and is currently pending approval by the Office of Administrative Law.
ADNOC cuts Sept crude allocation to 2 buyers by 10%
SINGAPORE (Reuters) — Abu Dhabi National Oil Co (ADNOC) notified two term buyers in Asia that they will receive 10% less crude for September, two sources familiar with the matter said on Tuesday.
Chinese oil trader Unipec seeks closer ties with teapot refiners
BEIJING (Reuters) — State oil trader Unipec will develop "really strong" ties with China's independent refiners, said a company executive on Tuesday, even as they present a growing challenge to its parent and Asia's top refiner, Sinopec Corp.
Vietnam's fuel imports may drop as Dung Quat oil refinery tax cut finally felt
SINGAPORE/HANOI (Reuters) — Vietnam's fuel imports may drop as the effects of a tax cut on sales of gasoline and diesel fuel from the country's Dung Quat oil refinery start to be felt as earlier term contracts expire.
Port Corpus Christi approves 41-acre lease agreement with Howard Energy Partners
CORPUS CHRISTI, TX — The Port of Corpus Christi announced the approval of a long-term lease agreement with Maverick Terminals Corpus LLC, a subsidiary of Howard Energy Partners. The 30-yr lease agreement was approved unanimously by port commissioners for approximately 41 acres of land on the north side of the Corpus Christi Ship Channel in the Inner Harbor.
- Indonesia allocates 15.65 MM kiloliters of biodiesel for 2026 12/23
- Egypt, Qatar's Al Mana Holding sign $200-MM SAF deal 12/23
- China's teapots boost Russian ESPO buying amid record discounts 12/23
- Bahrain's BAPCO sends first diesel cargo to Australia in 2.5 yrs 12/23
- Asia oil floating storage seen declining on lower exports, China buying 12/23
- Gazprom in talks with Hungary's MOL over NIS stake sale 12/23
