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Refining

Chile regulator eyes refinery sanction over environmental failures

SANTIAGO (Reuters) -- Chile's environmental regulator, the SMA, said on Tuesday that it was considering sanctions of state-run energy producer ENAP after finding infractions relating to emissions and noise at its Aconcagua oil refinery.

Egypt nearing deal with Iraq in search for crude oil imports

CAIRO (Reuters) -- Egypt is nearing a deal to import crude oil from Iraq and is looking to other countries to help secure supply, Egyptian General Petroleum Corporation's chief Tarek al-Hadidi said.

Singapore's IEG to start trading crude oil, tap China demand

SINGAPORE (Reuters) -- Singapore-based trading start-up International Energy Group (IEG) this year plans to expand its portfolio to crude oil from products such as gasoline and gasoil, looking to tap growing Chinese demand.

GTC installs second dividing wall column for Indian refinery

HOUSTON -- GTC Technology has supplied its proprietary GT-DWC technology for a second Dividing Wall Column for Reliance Industries Limited (RIL) at the DTA Refinery in Jamnagar, India.

Thai oil targets 2017 refining rate at 100%-103% of capacity

BANGKOK (Reuters) -- Thailand's largest oil refiner Thai Oil said on Tuesday it aims to run its refinery at 100%-103% of its 275,000 bpd capacity in 2017, and has no plans for any maintenance shutdowns.

Sprague completes purchase of Capital Terminal’s Rhode Island terminal

PORTSMOUTH, N.H. -- Sprague Resources LP announced that its wholly owned subsidiary, Sprague Operating Resources LLC, completed the purchase of Capital Terminal Company’s refined product terminal asset in East Providence, RI for $23 million in cash, plus payments for other customary items. This terminal had been leased exclusively by Sprague since April 2014 and has a combined storage capacity of just over 1 million barrels.

Rosneft faces $100-MM bill to boost safety at Bashneft refineries

MOSCOW (Reuters) -- Russia's top oil producer Rosneft will have to spend up to $100 million to improve standards at ageing refineries it bought last year, industry sources have told Reuters.

Nigeria V.P.: Country must offer work to illegal refiners to reach peace

PORT HARCOURT, Nigeria (Reuters) -- Nigeria needs to offer work to people who make a living from illegally refining oil in the Niger Delta in order to achieve peace there, the African oil-producing nation's Vice President Yemi Osinbajo said on Tuesday.

China steps up Russian oil imports as teapots buy Urals crude

MOSCOW/SINGAPORE (Reuters) -- Russian crude imports to China have risen in early 2017 as the country's independent, or teapot, refiners have expanded their diet to include the Urals grade, trade sources said on Tuesday.

Saudi Aramco inks first oil contract with China's Huajin

SINGAPORE/BEIJING (Reuters) -- State oil giant Saudi Aramco has signed a contract with Chinese oil refiner North Huajin Chemical Industries Group Corp to supply crude in 2017, two sources with knowledge of the matter said on Monday.