Refining
CB&I awarded technology contract for refining, petchem project in China
THE WOODLANDS, Texas -- CB&I announced it has been awarded a substantial contract for the license, engineering design and catalyst supply for five proprietary technologies to be used in an integrated refining and petrochemical project in China.
Troubled California oil refinery puts PBF's turnaround skills to the test
HOUSTON (Reuters) -- An aging California refinery is testing PBF Energy Inc's reputation as a turnaround whiz, with mounting production woes and costly repairs at the 88-year-old plant throwing a wrench into efforts to quickly revive profits.
BP sees trading benefits from oil boom in the Americas
LONDON (Reuters) -- Oil major BP expects its trading operations to benefit from growing global crude trade on the back of abundant US, Canadian and Brazilian production and rising energy demand in Asia, a top BP executive said.
Neste Jacobs technology to be implemented at Haltermann Carless German site
Neste Jacobs, a global provider of technology, engineering and project services and Haltermann Carless, an HCS Group brand and provider of specialty hydrocarbons, have agreed to plan and engineer an upgrade and expansion of the Haltermann Carless' production site in Speyer, Germany. The parties have also signed a Letter of Intent for the EPCM services to be provided by Neste Jacobs.
India's top refiner to supply fuels to Nepal for five years
NEW DELHI (Reuters) -- Indian Oil Corp has agreed to supply refined products to Nepal for the next five years to meet all the fuel needs of the landlocked Himalayan nation, officials said on Monday.
Senators press Icahn on White House influence, business conflicts
WASHINGTON (Reuters) -- Several Democratic senators pressed billionaire investor Carl Icahn on Monday to clarify his role as an adviser to President Donald Trump, saying his position in the administration raised "alarming" questions about potential conflicts of interest with his stakes in the biofuels and pharmaceutical industries.
Total enters JV, plans ethane cracker and polyethylene unit builds in Texas
PARIS -- Total is entering a partnership with Borealis and Nova to form a JV with the aim of building an ethane steam cracker and a new Borstar polyethylene unit on the US Gulf Coast. Total is expected to hold a 50% interest in the new JV.
Taiwan's CPC to start trial runs at new refining units in May
SINGAPORE/TAIPEI (Reuters) -- State-run Taiwanese refiner CPC Corp said on Monday it plans to start trial runs at new refining units located in the south of the country in May, delayed from earlier this year.
Asia refiners snap up cheap light oil to reap higher fuel profits
SINGAPORE/SEOUL (Reuters) -- As the cost of light crude drops, some refiners in Asia are snapping up cargoes of the oil that is easier and cheaper to process than their usual diet of heavy crude, chasing profits from making diesel and gasoline.
Sinopec's 2016 net profit rises 44%, helped by refining
BEIJING (Reuters) -- China Petroleum and Chemical Corp on Sunday reported that 2016 net profit rose 44% to $6.74 billion from a year earlier on the back of strong performances in refining and chemicals.
- 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
