Refining
Amec Foster Wheeler wins Thai Oil’s Clean Fuel Project contract
Amec Foster Wheeler has been awarded a FEED contract by Thai Oil Public Company Ltd. for its Clean Fuel Project at the Sriracha Refinery in Thailand.
Egypt studies 8 state-owned oil companies for IPO or share
Egypt's Ministry of Investment will assess eight state-owned petroleum companies for their suitability for a possible listing on the Egyptian Stock Exchange.
Phillips 66 says refiners to cut production as margins shrink
Phillips 66 seconded rival Valero Energy Corp.’s statement that refiners are expected to process less crude in the second half of the year as margins shrink due to a gasoline glut.
PBF Energy's Torrance refinery running above historic average
PBF Energy’s newly acquired Torrance refinery has been running above its historic throughput rates for the last month after it took ownership of the facility from ExxonMobil on July 1.
Column: La Nina set to boost US winter heating oil demand
Refiners are hoping distillate will get a further boost from a pick-up in freight movements and a colder winter in 2016/17.
South African refineries operational despite strike, fuel supply stable
Production at South Africa's oil refineries has continued despite an indefinite strike by workers demanding higher wages.
Sri Lanka to revamp, double refinery capacity
Sri Lanka plans to upgrade its sole oil refinery and double its capacity to boost output and to reduce the cost of importing refined fuels.
Fight for survival returns to Europe's battle-hardened refineries
European refiners are turning to survival strategies honed during the tough years.
RusTechnip awarded a service contract in Russia
RusTechnip has been awarded a service contract for the existing Gazprom Neft Refinery located in Omsk, Russia.
SABIC decision on Exxon petrochemicals venture likely by Q2 2017
A decision on whether SABIC will go ahead with a JV with Exxon Mobil will likely be made by Q2 2017.
- Brazil's Petrobras approves $1.2 billion investment for renewable fuels plant 6/22
- First batch of equipment arrives in Kazakhstan for $7.7-B Atyrau polyethylene project 6/22
- Explosion at Qatar's Ras Laffan LNG complex kills 13, injures 66 6/22
- Asia has plenty of crude oil, but refined fuels remain tight 6/22
- Fire extinguished at Marathon's Galveston Bay Refinery in Texas (U.S.) 6/22
- El Nino, expanding ethanol use squeeze India sugar supply 6/22
