Refining
Refiners on track to spend record on US clean fuel standards
Major refiners like Valero Energy Corp. are on track to pay record amounts this year for credits to comply with US renewable fuel rules, a trend that hurts profits and has some looking to export more to avoid the cost.
Oman says new refinery capacity to cut crude oil exports
Oman's crude oil exports will drop by about 50 Mbpd when new refining capacity comes onstream in the northern city of Sohar by early 2017.
Meridian Energy Group selects Vepica USA, to undertake engineering definition of Davis refinery
Meridian Energy Group has finalized its selection of Vepica USA, Inc. to perform the engineering definition for the Davis refinery.
LyondellBasell 's Houston refinery returns to normal operations
LyondellBasell Industries returned its Houston refinery to normal operations Wednesday, one day after a power interruption on a unit cut production in half.
Singapore refinery profits at two-year low as naphtha joins glut
Singapore's oil refining profits dropped to two-year lows, in the latest sign that the industry is pumping out too much fuel for the market to absorb.
Global glut of oil products threatens crude recovery
Gasoline and diesel stockpiles have swollen to record highs across the globe, leaving refiners and traders few places to dump excess supplies and threatening large-scale production cuts that could derail an oil price recovery.
Porner begins construction of bitumen blowing unit at SOCAR’s Heydar Aliyev refinery
Austrian company Porner was awarded an engineering, construction and management (EPCM) contract for the construction of a new bitumen blowing unit at SOCAR’s Heydar Aliyev oil refinery.
Essar signs deal to supply aviation fuel direct to Emirate
Essar Oil (UK) Limited, the owner and operator of the Stanlow Refinery at Ellesmere Port, signed its first agreement for the direct supply of aviation fuel to a commercial carrier, Emirates airline, at Manchester Airport.
Ship and Shore Environmental introduces new emerging vapor recovery and destruction solution
S&SE’s proprietary method bypasses carbon using a unique vapor recovery solution that is more effective and offers superior results.
Siemens energizes high-voltage substations at KNPC’s Clean Fuels Project in Kuwait
Siemens has energized the high-voltage substations as part of a greenfield development under KNPC’s Clean Fuels Project at Mina Al Ahmadi (MAA) and Mina Abdullah (MAB) refineries in Kuwait, paving the way for a significant capacity boost and increasing power stability at the two facilities.
- Transitional Industries and CFEnergia sign feedstock supply contract for $3.3-B Pacifico Mexinol project 2/17
- Neste and World Fuel Services extend partnership, expanding SAF availability at more than 100 airports in Europe 2/17
- U.S. refined product exports by tanker increase to > 6.3 MMbpd in January 2/17
- Japan's oil and gas independence climbs to highest since 2009 2/17
- Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion 2/17
- Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure 2/17
