Refining

ClearSign launches new burner for refinery, industrial applications

SEATTLE – ClearSign Combustion Corporation announced that it has launched a new burner product based on its Duplex technology for refinery and industrial process heater applications.

Deadline set for bids on Moroccan oil refiner Samir

RABAT (Reuters) -- The Moroccan court-appointed administrator for oil refiner Samir has set a deadline for prospective buyers to submit bids for the country's only refinery.

US refiners give mixed reviews of GOP-backed border tax plan

NEW YORK (Reuters) -- US independent refiners like Phillips and Valero have offered mixed support for Republican efforts to boost American jobs and products, expressing concerns about how a border tax on imports could upend the energy ecosystem.

WorleyParsons awarded Chevron EPCM and fabrication contract

WorleyParsons has been selected to provide engineering, procurement, construction management and fabrication services for Chevron’s Salt Lake Refinery Retrofit Project in Salt Lake City, Utah.

Saudi to supply full March oil volumes to two Asian buyers

SINGAPORE (Reuters) -- Saudi Aramco will supply full contract volumes of crude oil to two Asian buyers in March, two industry sources with knowledge of the matter said on Wednesday.

Husky sells first Atlantic Canada crude cargo bound for China

CALGARY, Alberta (Reuters) -- Husky Energy has sold its first cargo of crude oil from its offshore Atlantic Canada operations bound for China, a company spokesman said on Tuesday.

Crude cargo lawsuit drags BP's oil trading division into the red

LONDON (Reuters) -- BP's oil trading business, one of the biggest in the sector, reported a rare loss in the fourth quarter after it lost a $70 million lawsuit over an oil cargo delivered to a Moroccan refinery.

Refiner Neste posts strong renewable profits, mulls investment

HELSINKI (Reuters) -- Finnish refiner Neste reported a rise in annual operating profit on Tuesday led by renewables and said it would look to expand in biofuels, possibly through investment in the United States or Singapore.

Indian Oil says crude processing to edge up in 2017/18

NEW DELHI (Reuters) -- Indian Oil Corp, the country's largest refiner, expects its crude processing to inch up in 2017/18 despite planned maintenance at some plants.

BP lifts break-even oil price after profit miss

LONDON (Reuters) -- BP raised the oil price at which it can balance its books this year to $60 a barrel on Tuesday due to higher spending following a string of investments as annual earnings fell for a second consecutive year.