Refining
West African oil booms as refineries cash in on high margins
LONDON (Reuters) — Booming refinery profits are helping West African oil producers sell cargoes quickly, aided by a shortage in certain types of crude amid OPEC production cuts and Venezuelan troubles.
PDVSA's refining network to work at 44% of capacity in August
HOUSTON (Reuters) — Venezuela's oil company PDVSA expects its refining network to work at 44% of capacity in August due to a lack of light crude and spare parts and planned maintenance work, according to an internal report from the state-run firm seen by Reuters on Tuesday.
Brazil fuel, lubricant imports surge 57% in July
RIO DE JANEIRO (Reuters) — Brazil's fuel and lubricant imports shot up 57.3% in July from the same month in 2016 to $1.522 B, government data showed on Tuesday.
US oil refiner HollyFrontier's profit tops estimates
(Reuters) — US oil refiner HollyFrontier Corp on Wednesday reported a quarterly profit that handily beat analysts' estimates, helped by higher production and refinery margins.
Online Exclusive: Sunset Boulevard for delayed coking?
The following is an overview of Giacomo Rispoli’s presentation “Eni slurry technology: Achieving the goal of residue conversion.” Mr. Rispoli, Executive Vice President of Eni, presented this material at Hydrocarbon Processing’s International Refining and Petrochemical Conference (IRPC), which was held in Vienna, Austria, from June 6-8, 2017.
African government asking Dangote to complete refinery before 2019
LAGOS, Nigeria — The federal government in Africa has said it relies heavily on the Dangote refinery to fulfill its promise to Nigerians to end fuel importation by December 2019.
Refiner Phillips 66 quarterly profit beats estimates
(Reuters) — US independent oil refiner Phillips 66 reported a bigger-than-expected rise in quarterly profit helped by strength in its chemicals and refining units.
Asia traders consider sending diesel, jet fuel to Europe after Dutch refinery fire
SINGAPORE (Reuters) — Traders in Asia are considering shipping diesel and jet fuel to Europe after a fire at that region's largest oil refinery disrupted supplies and boosted fuel margins, five traders and shipbrokers said on Tuesday.
India refiners outshine Asia peers with new output, rising local demand
SINGAPORE/NEW DELHI (Reuters) — Indian refiners are outperforming their competitors in South Korea and Thailand as they have ramped up output from new fuel and chemical capacities to meet rising domestic demand that could further lift their earnings over the next 2 yr.
MMEX Resources Corp. announces land acquisition for Pecos County refinery project
FORT STOCKTON, Texas — MMEX Resources Corp., a development-stage company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, announced a purchase of 126 acres in Pecos County, Texas for the construction of its Phase I 10,000 bpd crude distillation unit near Fort Stockton, Texas.
- Lummus Technology selected for major ethanol-to-jet SAF project in India 5/1
- INEOS sells sulfur dioxide and derivatives business to Ecovyst for $190 MM 5/1
- Perpetual Next selects JPB Logistics as storage partner for Dutch biomethanol facility 5/1
- Trump signs order authorizing oil pipeline project partially reviving Keystone XL 5/1
- Asia-Pacific ports advance cross-sector hydrogen and eFuel readiness 4/30
- THUNDER project launches to advance carbon-neutral eMethanol production in Europe 4/30
