Refining
Meridian Energy says Davis refinery to be operational in 2018
Meridian Energy says it remains on-track to have the Davis Refinery operational no later than early 2018.
ChemChina, Sinochem in talks on possible merger
Chinese state-owned chemical companies Sinochem Group and ChemChina are in discussions about a possible merger to create a chemicals, fertiliser and oil company with almost $100 B annual revenue.
Rosneft, Trafigura, UCP to buy stake in Essar Oil
Russian oil major Rosneft , along with European trader Trafigura and Russian fund UCP, will acquire 98 percent in India's Essar Oil for about $12-$13 billion.
US gasoline glut disappears as refiners tweak production
The US gasoline glut, which dominated discussions about the outlook for crude and fuel markets during the spring and early summer, quietly evaporated during August and September.
CB&I awarded contract renewal for refinery maintenance services
CB&I has been awarded a five-year contract renewal valued at approximately $350 MM for maintenance, turnarounds and capital construction for a major refinery in the Midwest.
Glencore hopes for Moroccan refinery restart to recoup money
Glencore, one of the main creditors of Morocco's sole refinery, still has hopes the idled plant will restart so lenders can gradually recoup their money, despite repeated failures to get it up and running.
India's Bharat Petroleum to spend $6.8 B on refinery expansion by 2022
India's Bharat Petroleum Corp. plans to spend $6.75 B through 2022 to raise refining capacity by 62% to meet rising fuel demand in the world's fastest growing major economy.
Mangalore refinery receives first crude parcel from Iran for strategic reserve
Mangalore Refinery and Petrochemicals Ltd. received the first parcel of crude oil for delivery into the Mangalore cavern of Indian Strategic Petroleum Reserves Ltd.
ION Engineering starts carbon capture testing at Technology Centre Mongstad
ION Engineering started its test campaign with further testing of its advanced CO2 capture process at Technology Centre Mongstad, located at Statoil's Mongstad refinery in western Norway.
Axens files proposal to acquire Heurtey Petrochem
Axens has filed a voluntary takeover bid proposal with the AMF (French capital markets authority) to acquire the shares of Heurtey Petrochem.
- BASF and Yara end joint project for low-carbon ammonia at U.S. Gulf Coast 8/26
- Saudi Arabia and India were biggest buyers of Russian fuel oil, VGO in July 8/26
- Russia raises August oil export plan after drone strikes continue to disrupt refineries 8/26
- AFPM response to U.S. EPA actions on RFS small refinery waiver backlog 8/25
- Indonesia urges EU to remove biodiesel import curbs after WTO ruling 8/25
- Canada's Alberta eyes investment in Japan's refining to boost oil exports 8/25
