Refining

Shell taps Goldman Sachs to explore Singapore refinery and petchem plant sale

Shell is considering a sale of its Singapore refining and petrochemical plants as part of a broader strategic review and has hired investment bank Goldman Sachs to explore a potential deal, said several sources close to the matter.

Hengli Oilchem to begin voluntary liquidation

Privately controlled Chinese refining and petrochemical manufacturer Hengli Group said that Sinochem Group and itself were winding up their Singapore-based JV, Hengli Oilchem, due to business and strategic considerations.

Reliance increased oil imports in July by 6% to nearly 1.1 MMbpd

India's Reliance Industries Ltd, the operator of the world's biggest refining complex at Jamnagar in western Gujarat state, increased oil imports in July by about 6% to 1.09 MMbpd.

Marathon Petroleum implements Topsoe technology at Martinez renewables facility

Marathon Petroleum’s refinery in Martinez, California (U.S.), has been repurposed to produce renewable diesel--using Topsoe's HydroFlex technology--through the company’s joint venture with Neste.

Los Angeles (U.S.) refineries mostly unaffected by Hurricane Hilary

The five refineries in Los Angeles, California (U.S.) came through Hurricane Hilary's wind and heavy rain mostly unaffected.

Irving Oil announces major refinery turnaround

On September 17, Irving Oil will begin one of its largest turnaround projects in several years at its Saint John refinery.

Neste to enable PET bottles produced with bio-based materials

Neste has entered a cooperation with Suntory, ENEOS and Mitsubishi Corporation to enable the production of polyethylene terephthalate resin made with renewable Neste RE on a commercial scale.

Australia's Ampol beats profit and dividend estimates, shares rise

No spill after Siberia oil field blasts -environment watchdog

Two explosions at an oilfield in western Siberia that killed two people did not lead to an oil spill, the head of Russia's environment watchdog Rosprirodnadzor said, adding that tests would show if the environment was harmed.

Brazil's Petrobras to raise diesel, gasoline prices

Brazilian state-run oil company Petrobras said it will raise gasoline and diesel prices at its refineries after what it called an "abrupt" increase in global oil prices.