Refining
China's Sinopec says fire at rubber warehouse has been put out
BEIJING (Reuters) -- Sinopec Corp said on Thursday that a fire in a warehouse at a petrochemical and refining complex in southern China operated by one of its subsidiaries was put out at 2:20 pm local time and had not affected production.
Pakistan's PARCO to upgrade refinery using Honeywell technologies
DES PLAINES, Ill. -- Honeywell announced that Pak-Arab Refinery Limited (PARCO) will use technologies from Honeywell UOP and Honeywell Process Solutions to upgrade its Mid-Country Refinery near Multan, Pakistan, enabling it to meet growing domestic demand for cleaner-burning fuels.
Enterprise sets record for volumes at Texas gulf coast marine terminals
HOUSTON -- Enterprise Products Partners L.P. announced that the combined exports and imports of hydrocarbons across its marine terminals, including 18 deepwater docks along the Texas Gulf Coast, totaled a record 146 MMbbl on a gross basis during the first quarter of 2017.
Indian state refiners to revise fuel price in 5 cities daily from May 1
NEW DELHI (Reuters) -- India's state-owned fuel retailers plan to implement daily revision of fuel price in five cities from May 1 ahead of a nationwide roll out of the scheme, industry sources said.
Total-Hanwha JV to invest $450 MM on refining and petrochemicals platform
PARIS (Reuters) -- French oil and gas company Total said on Wednesday that its South Korean JV with Hanwha will invest $450 MM in the group's refining and petrochemicals platform to expand capacity in order to meet growing demand from China.
OMV to invest $116.7 MM in petchem units at Schwechat refinery
VIENNA (Reuters) -- Austrian oil and gas group OMV will pay $116.7 MM for a planned turnaround at the petrochemical units of its Schwechat refinery which will start in the middle of this month, it said on Tuesday.
Fluor awarded contract for two Marathon refineries in Texas
IRVING, Texas – Fluor Corporation announced that it was selected by a division of Marathon Petroleum Corporation to execute the engineering and procurement scope for a major reconfiguration at Marathon’s Galveston Bay and Texas City, Texas refineries. Fluor will book the undisclosed contract value into backlog in the first quarter of 2017.
YPF among bidders for Shell's Argentina refinery
BOSTON/BUENOS AIRES (Reuters) -- Argentina’s state-run oil company YPF SA is among the bidders for Royal Dutch Shell Plc's refinery and network of gasoline stations in Argentina, according to two people familiar with the process.
Diversify or die: China's independent oil refiners adapt to new challenges
BEIJING (Reuters) -- Cut off from lucrative fuel export markets and seeing their margins squeezed by new taxes, China's independent oil refiners are branching out into new sectors from clean energy and lumber as well as expanding their trading to overcome the challenges.
Hyundai Oilbank buys 2nd US Southern Green Canyon crude for June
SEOUL (Reuters) -- Hyundai Oilbank, South Korea's smallest refiner by capacity, will receive its second cargo of US Southern Green Canyon crude in June, a company spokesman said on Monday.
- India's Reliance gets one-month US concession to buy Rosneft oil 12/24
- SOCAR signs deal to buy Gama Enerji gas plant in Turkey for $225 MM 12/24
- Japan's Eneos leads bids for Chevron’s Singapore oil refinery stake 12/24
- Larsen & Toubro awarded EPCC contract for BPCL's polyethylene plant 12/24
- Maire's Nextchem to acquire technology licensor and engineering company Ballestra 12/24
- Indonesia allocates 15.65 MM kiloliters of biodiesel for 2026 12/23
