Refining
IRPC '17: Indian Oil Chairman sees "enormous potential" for refining sector
NEW DELHI, INDIA—Kicking off International Refining and Petrochemical Conference (IRPC) 2017, B. Ashok, Chairman of state-run Indian Oil Corp. (IOC), presented a keynote speech on the expansion of the Indian refining sector and the challenges and opportunities faced by Asia-Pacific refiners.
ClearSign secures follow-on order from California refinery
SEATTLE -- ClearSign Combustion Corporation, a provider of industrial combustion technologies that help to reduce emissions and improve efficiency, announced that it has secured a follow-on commercial order from a California-based refinery following Duplex technology's pilot with the company late last year.
BP accuses Monroe Energy of wrongfully terminating contract
NEW YORK (Reuters) -- BP Plc has accused Monroe Energy of wrongfully terminating a crude supply contract in 2016, costing the oil major at least $59 MM in damages, according to a federal court filing.
PBF Logistics announces acquisition of Toledo terminal from Sunoco Logistics
PARSIPPANY, N.J. -- PBF Logistics LP announced that its wholly owned subsidiary has acquired the Toledo, Ohio, refined products terminal assets of Sunoco Logistics LP for $10 MM. The Toledo Terminal is directly connected to and currently supplied by PBF Energy Inc.'s Toledo refinery.
Venezuela's PDVSA reactivates El Palito refinery alkylation unit
CARACAS (Reuters) -- Operations at the alkylation unit at Venezuelan state oil company PDVSA's El Palito refinery resumed on Sunday, according to the refinery's Twitter account.
EIA: More Chinese crude oil imports coming from non-OPEC countries
China is the world’s largest net importer of crude oil, and in recent years, China’s crude oil imports have increasingly come from countries outside the Organization of the Petroleum Exporting Countries (OPEC).
Zhejiang Petroleum awards DuPont contract for sulfuric acid regeneration unit
WILMINGTON, Del. – Zhejiang Petroleum and Chemical Co. (ZPC) in China has awarded and signed contracts for the engineering, technology license and proprietary equipment for a MECS sulfuric acid regeneration (SAR) unit, licensed by DuPont Clean Technologies.
Venezuela's PDVSA readies armada of fuel imports
HOUSTON (Reuters) -- About a dozen tankers are sailing to Venezuela or waiting offshore to discharge cargoes after state-run oil company PDVSA ramped up tenders to buy gasoline and other fuels to offset its weak refining output, according to traders and Thomson Reuters data.
Nigeria's military destroys 13 illegal oil refineries
YENAGOA, Nigeria (Reuters) -- Nigeria's military said on Thursday that it had destroyed 13 illegal refineries in the restive Niger Delta oil hub, in an operation in which two soldiers died in clashes with "sea robbers."
China crude oil imports shatter record, top US intake
BEIJING (Reuters) -- China's crude oil imports surged to an all-time high in March to nearly 9.2 MMbpd, customs data showed on Thursday, far surpassing expectations and overtaking the United States as independent refiners ramped up their purchases.
- 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
