Refining
Japanese oil refiners Idemitsu, Showa Shell sign alliance deal
TOKYO (Reuters) -- Japanese oil refiners Idemitsu Kosan Co Ltd and Showa Shell Sekiyu KK said on Tuesday that they have signed a deal to form a business alliance ahead of Idemitsu's stalled merger with Showa Shell.
Honeywell UOP signs agreement for $1.6-B Jordanian refinery expansion
AMMAN, Jordan – Honeywell UOP announced that it has signed an agreement with the Jordan Petroleum Refinery Company (JPRC) to facilitate a $1.6 B expansion of its refinery in Zarqa, Jordan. This expansion will increase the capacity of the facility to 120,000 bpd and will allow JPRC to upgrade the quality of its product to meet Euro V emissions specifications.
India's top refiner in early talks with Aramco for downstream project
KUALA LUMPUR (Reuters) -- India's top refiner said it is in initial talks with Saudi Aramco on downstream investments, including a mega project on its west coast, that could help the OPEC member lock-in customers amid an oil supply glut.
Saudi energy minister says may extend oil output cuts beyond 2017
KUALA LUMPUR (Reuters) -- Saudi Arabia's energy minister Khalid Al-Falih said on Monday that oil markets were rebalancing after years of oversupply, but that he still expected an OPEC-led deal to cut output during the first half of the year to be extended to all of 2017.
China's crude oil imports ease from record, fuel exports fall
BEIJING (Reuters) -- China's crude oil imports eased in April from March's record high as refiners processed less oil during a heavy maintenance season, while exports of refined fuel fell by a quarter from a month earlier due to quota reductions.
Total halts production at Feyzin refinery in France due to strike
PARIS (Reuters) -- French oil and gas company Total said on Friday it was gradually shutting down production at its 117,000-bpd Feyzin refinery and petrochemical platform near Lyon in the east of France due to a strike.
Mediterranean diesel diffs at 21-month high on tight supplies
LONDON (Reuters) -- A closed arbitrage from other regions and refinery shutdowns have tightened the Mediterranean diesel market driving cargo premiums to ICE gasoil futures to their highest since August 2015.
Fire hits Lukoil refinery in Russia's Urals
MOSCOW (Reuters) -- A fire erupted at a refinery of Russia's No. 2 oil producer Lukoil in the city of Perm in the Urals region, a local branch of the company, Lukoil Permnefteorgsintez, said on Friday.
Pemex seeks investors for its refineries, but who's buying?
NEW YORK/MEXICO CITY (Reuters) -- Sweeping energy reforms have turned Mexico into one of the world's most attractive offshore prospects, but one segment is getting no love from US investors: the nation's aging refineries.
Mexico oil theft clash leaves at least 10 dead, including four soldiers
MEXICO CITY (Reuters) -- At least four soldiers and six suspected oil thieves died in a battle in the central Mexican state of Puebla, authorities said on Thursday, as the army launched a major operation against organized criminals who siphon fuel from pipelines.
- 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
