Refining
Major turnaround at Neste refinery to complete planned production structure change
In mid-August, Neste will begin a two-month shutdown at its refinery in Naantali, Finland. The major turnaround will complete the plan first introduced in 2014 to implement closer integration of the operations of the two Finnish refineries under uniform management. The Finnish refinery operations of Neste consist of four production lines at the Porvoo refinery, and one in Naantali.
Sinopec, PetroChina oil assets unaffected by quake in China's Sichuan
BEIJING (Reuters) — Sinopec Corp said its oil storage facilities and petrol stations have not been affected by the earthquake that struck a remote and mountainous part of the province of Sichuan in southwestern China on Tuesday night.
S.Korea's SK Energy buys 1st US crude oil in move away from Middle East
ULSAN, South Korea (Reuters) — South Korea's top refiner SK Energy is buying its first-ever continental US crude oil shipment as producer club OPEC's output cuts raise MidEast prices, giving other suppliers a chance to compete for the world's juiciest oil market—Asia.
Shorting the short: Investors bet against Icahn's oil refiner after biofuel trade
NEW YORK (Reuters) — Investors have built up a large short position in investor Carl Icahn’s oil refining company, CVR Energy, in the past three months, according to Reuters data, as evidence mounts that the company’s gamble on the biofuels market is going sour.
Russia's Rosneft plans to close Essar deal in coming days
MOSCOW (Reuters) — Russia's Rosneft plans to close the deal to buy a stake in India's refiner Essar Oil in the coming days, Pavel Fyodorov, Rosneft first vice-president, told a conference call on Tuesday.
Shell restarting units at Pernis oil refinery
LONDON (Reuters) — Royal Dutch Shell said on Tuesday it was restarting a number of units at Europe's largest oil refinery in the Netherlands following a 10-day outage.
Exxon mulls Beaumont refinery crude unit addition
HOUSTON (Reuters) — ExxonMobil Corp is considering expanding light crude processing capacity at its Beaumont, Texas, refinery with the addition of a third crude distillation unit, a company spokeswoman said.
California rolls out new refinery regulations
SACRAMENTO, Calif. — State agencies today announced final approval of new regulations to strengthen workplace and environmental safety at oil refineries across the state. The regulations take effect Oct. 1.
Amec Foster Wheeler wins FEED contract for Total's Donges refinery
LONDON — Amec Foster Wheeler announces that it has been awarded a Front-End Engineering Design (FEED) contract by Total Raffinage France, a subsidiary of Total, the French multinational integrated oil and gas company.
Uganda says agrees terms with consortium to build oil refinery
KAMPALA (Reuters) — Uganda said on Monday it had agreed preliminary terms with a consortium of investors including General Electric to build and operate the country's first oil refinery, reviving a much-delayed project.
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- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
