Refining
US distillate fuel inventories post surprisingly huge drawdown
"Distillates are the standout bullish element of the report, and gasoline is the disappointment," said Matt Smith, commodity research director at energy data provider ClipperData.
Asian refiners buoyed by rising jet fuel demand
A draw down in excess jet fuel stocks will provide a rare pillar of support for Asia's massive refining sector that has been hit by poor profits, given weak demand for diesel.
Bangladesh to more than triple refining capacity
The new unit at Patenga refinery in Chittagong will cost $1.7 billion, said Nasrul Hamid Khan, Bangladesh's junior minister for power, energy and mineral resources.
India’s HPCL to invest $3.8B to expand refining capacity by two-thirds
HPCL will boost the capacity of its Mumbai refinery to 190,000 bpd by July 2019 from 130,000 bpd, while the Vizag refinery will ramp up to 300,000 bpd from 166,000 bpd by July 2020.
Nigeria seeks partners to revive ailing refineries
Africa's top oil producer has been trying to restart its refineries, which hardly produce any petrol due to decades of mismanagement and widespread graft.
Petroecuador restarts Esmeraldas refinery after weekend earthquake
"After suspending operations for 57 hours to allow for technical inspections and find possible damage to industrial structure, yesterday at 9 p.m. ECT (0200 GMT) the start-up process of the Esmeraldas refinery's different processing units began," Petroecuador said in a statement.
Petroecuador halts Esmeraldas refinery on quake
Petroecuador said it would assess when to restart operations during the day after verifying that no infrastructure was damaged by the 7.8 magnitude quake which struck off the country's Pacific coast.
Kuwait lowers crude, refining production as workers strike
Kuwait reduced its crude oil output and refining production as part of an emergency plan to help the OPEC member deal with the largest oil and gas workers' strike in years.
China calls for talks after Costa Rica abandons $1.5B refinery project
The refinery upgrading project has been paralyzed since 2013 by Costa Rica's comptroller after complaints of conflicts of interest in the feasibility studies.
Nigeria’s NNPC fights for more crude cargoes to exchange for gasoline
The dispute has delayed some of the country's monthly oil export programs and added to confusion over just how much crude Nigeria has at its disposal to exchange for gasoline.
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- Baker Hughes to supply liquefaction equipment for Commonwealth LNG export project 12/22
- South Korea petrochemical firms on track to cut up to 3.7 MM tons of output 12/22
- MOL and JERA sign HoAs for the charter of ammonia carriers 12/22
- China's November fuel oil imports up 15% from October 12/22
