Refining

Air Liquide to supply hydrogen production technology to largest single train refinery

Air Liquide Engineering & Construction has been selected to supply two hydrogen production steam methane reformer (SMR) units to Dangote Group, the largest manufacturing conglomerate in West Africa.

New Chinese refineries due for test runs in end-June, Aug.

(Reuters) — PetroChina's 260,000 bpd greenfield refinery in southwestern Yunnan province is due for test productions at end of this month, while CNOOC-operated Huizhou plant is targeting August for test runs, according to two senior industry sources with knowledge of the matter.

Fuel oil margins rise to five-year high, potential boon for simple refiners

SINGAPORE (Reuters) — Fuel oil profit margins have surged to their highest in more than 5 yr on lower supplies and rising demand from electric power generators, which may push some refiners to increase their runs.

EIA: US refineries are running at record-high levels

Gross inputs to US petroleum refineries, also referred to as refinery runs, averaged a record high 17.7 MMbpd for the week ending May 26, before dropping slightly to 17.5 MMbpd for the week ending June 2 and 17.6 MMbpd for the week ending June 9. Product supplied to the US market as well as inventories and exports are also at relatively high levels.

Finnish refiner Neste faces strike over proposed government stake sale

HELSINKI (Reuters) — Employee groups at Finnish refiner Neste plan to halt fuel distribution from its domestic refineries for more than six days in protest against government plans to reduce state ownership in the company.

Propane dehydrogenation plant in Korea reaches record production rate

CB&I and SK Advanced Co. Ltd. are celebrating the record production rates and outstanding operation of a propane dehydrogenation (PDH) plant in Seoul, South Korea.

China's 2017 crude oil quotas exceed last year's, teapots take a cut

BEIJING/SINGAPORE (Reuters) — China last week issued a second batch of crude oil import quotas under the so-called "non-state trade" that is higher than for all of the allowances in 2016, but allotments to independent refineries were lower than a year earlier.

Fire at Mexico's Salina Cruz refinery has been put out

MEXICO CITY (Reuters) — A fire that completely shut down Mexico's Salina Cruz oil refinery has been put out but operations have yet to be restarted, state-owned petroleum company Pemex said on Friday.

MMEX Resources announces plans for initial 10 Mbpd Permian Basin refinery

AUSTIN, TEXAS — MMEX Resources Corp., a development-stage company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, announced an agreement with Crown Bridge Partners, LLC for an issuance of up to $3 MM of equity securities, as well as plans to build a 10,000 bpd crude distillation unit near Fort Stockton, Texas as an initial unit for the $450 MM, 50,000 bpd Pecos County refinery project announced by MMEX earlier this year.

S.Korea's May Iranian crude oil imports fall to 8-mth low

SEOUL (Reuters) — South Korea's Iranian crude oil imports dropped in May to their lowest in eight months as refiners bought less of the Middle Eastern nation's condensate, while Tehran struggled to maintain shipment volumes after exhausting stocks stored on tankers.