Refining
South Africa oil workers' strike could hit refineries
South African energy workers plan to strike indefinitely, a stoppage that will potentially hit oil refineries of companies including Shell, BP Chevron and Sasol.
Valero expects lower refinery utilization as margins tank
Valero Energy Corp. expects lower refinery utilization over the rest of the year as companies step up efforts to counter slumping refining margins caused by record supplies of gasoline and diesel products.
Bechtel to upgrade Texas refinery for ExxonMobil
Expansion of ultra-low sulfur product slate anticipated to be complete in 2018.
ExxonMobil to expand ultra-low sulfur fuels production at Beaumont refinery
ExxonMobil plans to increase production of ultra-low sulfur fuels at its Beaumont refinery by approximately 40 Mbpd.
Pemex says Cadereyta refinery partially restarted
Pemex’s Cadereyta refinery partially restarted operations Sunday, allowing it to resume production.
Refiner Valero's profit beats but margins stay under pressure
US refiner Valero Energy Corp. reported a quarterly profit that beat analysts' reduced estimates, even as the company's refining margin continued to be gutted by a spike in gasoline and distillate inventories.
Vietnam province scraps $20 B refinery project with Thai PTT
Vietnam's Binh Dinh province has scrapped a $20 billion refinery and petrochemicals plant with Thai oil company PTT because of project implementation delays.
CB&I awarded license and engineering design for alkylation technology in Indonesia
CB&I has been awarded the license and engineering design of a grassroots alkylation unit by PT Pertamina.
Pemex to speed fuel imports as refinery closure continues
Mexico's state-owned oil company, Pemex, will speed up already scheduled fuel imports as the complete shutdown of its fourth-largest refinery enters its fourth day.
US refiners switch to winter brew
In a summer of discontent with high inventories and an unseasonably weak demand, some refiners have started blending winter grade gasoline earlier than usual to sell later in the year.
- 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
- bp agrees to sell a 65% shareholding in Castrol to Stonepeak at an enterprise value of $10 billion 12/24
