Refining
Performance testing: The key to successful revamps
Process unit revamps often do not result in a refiner achieving its desired objectives. This is typically not the result of mechanical defects with process equipment.
Pertamina using Honeywell UOP technology to boost clean fuels production
DES PLAINES, Ill. -- Honeywell announced that PT Pertamina will use Honeywell UOP technology to produce high-octane gasoline blending components and jet fuel at its Balikpapan refinery in Kalimantan Timur, Indonesia.
Lured by discounts, US East Coast refiners snatch up Brazilian crude
NEW YORK/HOUSTON (Reuters) -- US East Coast refiners are on a Brazilian crude buying spree, market sources say, displacing West African cargoes as producers such as Royal Dutch Shell and Norway's Statoil sell rising output from fields off Brazil's coast.
Marathon Petroleum's profit beats; says to speed up asset transfer
(Reuters) -- Marathon Petroleum Corp reported a higher-than-expected quarterly profit and said it would speed up the transfer of assets to its unit, MPLX LP.
Imperial Oil profit boosted by asset-sale gain
(Reuters) -- Imperial Oil Ltd, majority owned by ExxonMobil Corp, reported a sharp rise in fourth-quarter profit, helped by a gain from the sale of its service stations.
Venezuela's Paraguana refineries at 42% of capacity
(Reuters) -- Venezuela's Paraguana refining complex was operating at about 42% of capacity, a union official said late on Monday, citing an internal report that came amid chronic unit stoppages in the country's refining system.
Sulfur-rich crudes, usually discounted, shine after OPEC cuts
LONDON (Reuters) -- Efforts to stem the world's surplus of crude oil have thus far only moderately balanced the market -- but have turned typically lower-quality crude into the most sought after barrels.
Valero Energy profit beats estimates on higher ethanol margins
(Reuters) -- Valero Energy Corp, the largest independent US refiner, reported a better-than-expected quarterly profit as higher margins in its ethanol unit more than offset weakness in its refining business.
Nigeria's Trans Forcados pipeline to reopen near end Q2
FLORENCE/LONDON (Reuters) -- Nigeria's Trans Forcados Pipeline which has been shut for most of the last year could reopen "towards the end of the second quarter," Seplat Chief Executive Austin Avuru said.
Pertamina to go solo on Balongan refinery
JAKARTA (Reuters) -- Indonesian energy company Pertamina will proceed with an upgrade of its Balongan refinery without a partner, company officials said on Monday.
- Azerbaijan's State Oil Company redirects supplies of jet fuel from STAR refinery to Turkish domestic market 5/8
- Hungry to sell, UAE slips hidden oil tankers through Strait of Hormuz 5/8
- Seven markets to track if peace breaks out in the Middle East 5/8
- Asia exports of refined fuels plunge amid Hormuz closure 5/8
- Libya's Zawiya oil refinery shut due to nearby clashes 5/8
- Meghna PVC partners with Jotun to manage corrosion maintenance 5/7
