Bahrain's Bapco to meet Technip-led consortium for talks on refinery expansion

KHOBAR, Saudi Arabia (Reuters) — State-run Bahrain Petroleum Co (Bapco) will meet a consortium led by France's Technip for further talks over the planned expansion of Bahrain's only oil refinery, sources close to the matter told Reuters.

India's Essar to pay $1.18/share to minority shareholders

NEW DELHI (Reuters) — India's Essar Group will pay $1.18 apiece to the minority shareholders who tendered Essar Oil shares under a delisting offer ahead of the company's sale to a consortium led by Russian oil major Rosneft, the company said.

Compact Membrane Systems unveils new olefins separations technology in pilot

NEWPORT, Del. — Compact Membrane Systems (CMS) unveiled Optiperm, a membrane-based olefin paraffin separation technology, with a pilot system at the Delaware City Refining Company site in Delaware City, DE.

MOGAS to supply isolation valves from Hengli petchem complex

HOUSTON — MOGAS Industries, Inc. recently received contracts to supply severe service isolation valves to Hengli Petrochemical (Dalian) Refinery Co., Ltd for a new heavy oils construction project on ChangXing Island in Dalian City Liaoning, China.

Fire breaks out at Exxon's refinery in Rotterdam, Netherlands

(Reuters) — ExxonMobil Corp said on Monday a fire broke out at its refinery in Rotterdam but that there were no injuries and most of the facility remained operational.

Wood Group awarded 5-yr maintenance contract for Phillips 66 refinery

HOUSTON — Wood Group has been awarded a 5-yr, multimillion dollar contract by Phillips 66 to provide supplemental maintenance services and support for small capital construction projects and turnarounds to the Sweeny Refinery, approximately 65 mi southwest of Houston.

Rosneft, Trafigura close $12.9 B purchase of India's Essar Oil refinery

MUMBAI (Reuters) — Russian oil major Rosneft and partners closed their $12.9 B purchase of Indian refiner Essar Oil on Monday, giving them a foothold in one of the world's fastest growing oil users.

Refiner Valero's secret campaign against US biofuels mandates

(Reuters) — US biofuels regulations, which mandate mixing corn-based ethanol into gasoline, have lately drawn together a diverse cast of political opponents.

Tatneft to double TANEKO's refining capacity in 2017

MOSCOW (Reuters) — Russian mid-sized oil producer Tatneft plans to double the capacity of its TANEKO oil refinery to 14 MMt this year, TANEKO General Director Leonid Alekhin told Reuters.

Glencore, Chevron enter Mexico's recently opened fuel market

MEXICO CITY (Reuters) — US energy company Chevron Corp and trading firm Glencore on Thursday announced separate plans to enter Mexico's fuel market, as the long-hidebound sector begins to attract major foreign players.